$3,561 Closing Credit*
$299,900
2,002 SqFt
4 Beds
•2 Full Baths, 1 Partial
Amy Rio, Listing Office: Executive Real Estate Inc.
Is Bloomfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$347,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+10.2%)
Key Takeaway
Homes in Bloomfield have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Bloomfield was $347,000 in November 2024, up 10.2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83K | $90K | +8.4% |
| 2 Bedrooms | $224.9K | $260K | +15.6% |
| 3 Bedrooms | $320K | $337.6K | +5.5% |
| 4 Bedrooms | $360K | $425K | +18.1% |
| 5+ Bedrooms | $363K | $454K | +25.1% |
Summary: Bloomfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 25.1%.
Median Sold Price Compared To Nearby Cities
| Windsor | $312.5K | $356K | +13.9% |
| West Hartford | $422.6K | $479.5K | +13.5% |
| Bloomfield | $315K | $347K | +10.2% |
| Simsbury | $431.2K | $455K | +5.5% |
Housing Supply in Bloomfield, CT
How many homes are available in Bloomfield, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 65 | -11.0% |
Summary: The Bloomfield real estate market had 65 homes for sale in November 2024, a 11.0% 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 | 9 | 7 | -22.2% |
| 3 Bedrooms | 40 | 37 | -7.5% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Bloomfield 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 22.2%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 13 | -43.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bloomfield, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Bloomfield in November 2024, down by 43.5% month-over-month. Of the 13 sold homes, 15% were sold under asking, 15% were sold at asking, and 69% 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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