$3,918 Closing Credit*
$329,900
1,308 SqFt
3 Beds
•2 Full Baths
Guillermo Araujo, Listing Office: Five Stars Realty
Is Bloomfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bloomfield has remained a Seller's Market.
Key Takeaway
Bloomfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bloomfield, CT
How much do homes in Bloomfield, CT cost?
Median Sold Price
$345,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,200(+8.2%)
Key Takeaway
Homes in Bloomfield have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Bloomfield was $345,000 in October 2024, up 8.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83K | $90K | +8.4% |
| 2 Bedrooms | $227.5K | $255K | +12.1% |
| 3 Bedrooms | $322.5K | $337.6K | +4.7% |
| 4 Bedrooms | $370K | $410K | +10.8% |
| 5+ Bedrooms | $359K | $458K | +27.6% |
Summary: Bloomfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 27.6%.
Median Sold Price Compared To Nearby Cities
| West Hartford | $414.8K | $477.9K | +15.2% |
| Windsor | $313K | $348.3K | +11.3% |
| Bloomfield | $318.8K | $345K | +8.2% |
| Simsbury | $430K | $450K | +4.7% |
Housing Supply in Bloomfield, CT
How many homes are available in Bloomfield, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 69 | +6.2% |
Summary: The Bloomfield real estate market had 69 homes for sale in October 2024, a 6.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 35 | 37 | +5.7% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Bloomfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomfield, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Bloomfield in October 2024, up by 40.0% month-over-month. Of the 21 sold homes, 24% were sold under asking, 5% were sold at asking, and 71% were sold over asking.
Days on Market for Bloomfield, CT
We’re sorry, we don't have information for this market at the moment
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