Sunday, February 13, 2011

Bloomington Home Sales for January 2011

And the numbers are in for Bloomington home sales for January. These figures are from the Bloomington Board of Realtors MLS system and are all residential sales in Bloomington for the month of January.

  • A total of 60 homes/condos sold during the month
  • Average sales price was $162,624
  • Median days on the market was 88 (good)
  • Homes sold for an average of 96% of their list price
  • The most active price range for sales was $140,000 to $159,999
  • The second most active price range was $160,000 to $179,000
  • The third most active price range was $100,000 to $119,000
Here's how these numbers compare to January 2010:

  • Total number of sales increased 11.11%
  • Average sales price is down 6%
  • Median days on the market is up 27%
More homes sold in 2011 but they had to work a little harder to get the job done. One has to keep in mind that the $8000 tax credit was in effect during January of 2010 which altered the standard real estate market.