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Bloomingdale Real Estate Market Update October 2018

Author: John Herman
by John Herman
Posted: Oct 26, 2018

Real Estate In Bloomingdale is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.71 months supply of inventory on the market in Bloomingdale on October 31, 2018.

Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Bloomingdale last month was 45 days.

It took on average 39 days to sell Bloomingdale Condo, Townhouse or a Duplex.

The number of home sales in Bloomingdale from September 1, 2018 through September 30, 2018 was 31 units. That is 1% above the number of homes sold last month in Bloomingdale.

The average price per square foot in the area is now $125/Sq.Ft, which is 0% an increase from last month.

In Bloomingdale there were 12 units sold in September in the price range between $100,000 – $195,348 with an average of 2.3 bedrooms and 1.3 bathrooms and average Square footage of 1,432SF.

In Bloomingdale there were 16 units sold in September in the price range between $195,349 – $502,847 with an average of 3.1 bedrooms and 2 bathrooms and average Square footage of 2,038SF.

In Bloomingdale there were 3 units sold in September in the price range between $502,848 – $715,000 with an average of 5.3 bedrooms and 4.1 bathrooms and average Square footage of 4,568SF.

The low price range had the most activity. Homes up to $195,348 were on the market on average 47 days and sold an average of $168,316.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Bloomingdale. Search all Bloomingdale homes for Sale on propertyup.com If you are considering viewing Bloomingdale, you may want to do so now!

Another Listing: Stunning Medinah Lakes two story townhome with gorgeous water views! Remodeled Kitchen with new cabinetry, flooring, black stainless steel appliances, quartz countertops, and a marble backsplash. Living Room with vaulted ceilings and loads of windows allows for plenty of natural light and water views. 1st floor Powder Room. Two Bedroom Suites each with a private bathroom and walk in closet. Conveniently located 2nd floor Laundry Room with shelving. Attached 2 car garage with plenty of storage space. Private deck overlooks water! Great location within minutes to expressway, dining, shopping, and entertainment.

Your own private oasis! You'll feel like you're on vacation every day at Medinah on the Lake condominiums. Largest model in the building. Sunny and bright. 2 spacious bedrooms plus a den (can be made into a 3rd bedroom if desired). Situated in a wooded tranquil setting. Includes walking trails, pool, full service clubhouse with kitchen, fitness center, and beautiful sandy beach on the lake. 2 oversized balconies ( living room+master bedroom) overlook the woods.Huge living room features sliding doors to balcony. Large in-unit laundry room with full size washer dryer. Formal dining room and eat in kitchen. Master bedroom has sliders to balcony and a full master bath. Bath 2 features a walk in shower. The den has custom built in shelving that can accommodate a television. Heated underground parking, plus lots of guest parking. The building has a main level meeting room area with sofa's and tables. Full size storage unit on the same floor. Close to highways, stores and restaurants.

About the Author

Helping you make the right choices when it comes to all things property. Huge price reduction!!!lovely english cottage style ranch on beautifully wooded lot great location. Gated entry leads to charming walkway & welcoming porch.

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Author: John Herman

John Herman

Member since: Oct 11, 2017
Published articles: 130

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