For the month of July in Bloomington, there were 127 single family home sales. The number of sales is down 11.8 % from 2008. The Average selling price also saw a decrease of 8% from the same time period in 2008. Here are the numbers for single family home sales for July 2009 in Bloomington:
- Average sales price: $175,368
- Average list price: $185,926
- Average day on the market: 103
- Average price per square foot: $93
- Percentage of sales price to list price: 94%
To look at the larger picture, home prices are up so far in 2009 from last year. The average selling price for single family homes in Bloomington for the first 7 months of this year was $191.962. The average selling price for the same period in 2008 was $187,386. This shows an increase in the average home price of 2.5% in the past 12 months.