Monday, February 20, 2012

Real Estate update for the week of February 13th - 19th

Blue skies and warming temperatures brought out the buyers in Bloomington. Sales and accepted offers were up this past week.  Here are the numbers:

  • 114 new listings
  • 51 listings had accepted offers/sales contracts
  • 28 listings sold
The highest priced listing that received an accepted offer this week was a limestone house in Elm Heights that was listed at $379,900. This home has been on the market since last spring and needs significant updates, but the location is superb.

The high selling house of the week was located just outside Ellettsville and sold for $276,200.  This elegant two story home was listed for $290,000 and offered five bedrooms and four full baths. Listed since last July, this home started at $325,000.  The best values can often be found in the Ellettsville area, though they can take quite a long time to sell.

Have a great week!

Monday, February 13, 2012

Weekly update for the Bloomington Real Estate Market

While I was cruising through the Caribbean Sea this past week, a great deal of activity was taking place in Bloomington.  Here are the week's numbers:

  • 102 new listings on the market
  • 37 listings had price changes/reductions
  • 43 listings received accepted offers
  • 17 listings sold
The high price sale of the week was in Sutton Place on Derby Drive. This home was listed at $319,000 and sold for $300,000.  This home was on the market for 118 days before it had an accepted offer.

The highest priced listing of the week is in Gentry East. This home is priced at $449,900 and has four bedrooms, three full baths and just over 3700 finished square feet.  Plus there is an additional 700+ square feet of unfinished space in the basement.

It was a great week sailing in the Caribbean, but it's great to be back in Bloomington!