Wednesday, July 1, 2009

Current Pending Transactions for Bloomington's Housing Market

Bloomington currently has 180 pending transactions based on the Bloomington Board of Realtors MLS for single family homes. Here are some quick statistics:

  • Highest list price is $629,900
  • Lowest list price is $19,000
  • Average list price is $186,097
  • Average days on the market is 103
  • Average finished square feet is 1,957

Yesterday's posting noted that the average sales price for Bloomington single family homes so far this year was $193,336 so it will be interesting to see where the actual sales prices of these 180 pending transactions end up. Will it bring our average sales price down? Or are we seeing more multiple offers which will make sales prices higher than the list price.

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