$5,166 Closing Credit*
$435,000
915 SqFt
3 Beds
•1 Full Bath
LORENA GUZMAN, Listing Office: ONE WEST REALTY
Is Bloomington, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bloomington was a Seller's Market.
Key Takeaway
Bloomington is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bloomington, CA
How much do homes in Bloomington, CA cost?
Median Sold Price
$520,000
$416/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$31,000(-5.6%)
Key Takeaway
Homes in Bloomington have sold for 5.6% less than they did a month ago.
Summary: The median home sold price in Bloomington was $520,000 in November 2024, down 5.6% from last month, and the median price per square foot was $416.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $522.5K | - | N/A |
| 3 Bedrooms | $536K | $485K | -9.5% |
| 4 Bedrooms | $915K | $622.5K | -32.0% |
| 5+ Bedrooms | $535K | - | N/A |
Summary: Bloomington housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 32%, and 5+ bedroom homes did not change.
Housing Supply in Bloomington, CA
How many homes are available in Bloomington, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Summary: The Bloomington real estate market had 27 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Bloomington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomington, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Bloomington in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Bloomington, CA
How long does it take to sell a home in Bloomington, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 12 Days | -19.1% |
Summary: Homes in Bloomington had an average of 12 days on market in Nov 2024, down by 19.1% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bloomington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Bloomington; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.