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.

RE/MAX is celebrating their 38th birthday with great successes!

The RE/MAX brand was established 38 years ago and forever changed the face of real estate by creating maximum commission based businesses for top producing professionals. RE/MAX Chairman Dave Liniger opened the first RE/MAX office in 1973.

This past year saw many great accomplishments:

1. Worldwide franchise sales were up nearly 30% in 2010
2. Two national surveys ranked top performing RE/MAX agents above all other national franchise agents in average transaction sides of sales.
3. Reader's Digest Canada named RE/MAX the Most Trusted Brand in Real Estate
4. RE/MAX became one of three companies to pass $100M in donations to Children's Miracle Network Hospitals.
5. RE/MAX was named Top Ten Military Spouse-Friendly Employer by Military Spouse Magazine for the 4th year in a row.

And in the Bloomington area, RE/MAX accounted for the greatest amount of real estate sales with RE/MAX Acclaimed having the greatest sales volume.