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Bloomingdale, IL

Bloomingdale Real Estate Market Conditions

Dennis Toomey: Real Estate Agent in Schaumburg, IL

Bloomingdale Real Estate

Dennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends. Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of January 22, 2010.

To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active


If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page=search&selected=qck&mode=N&acc=32722&s=active


Dennis Toomey

RE/MAX Territory

847-338-0180

http://www.housebyzip.com/

dtoomey@remax.net

Bloomingdale Real Estate Market Conditions

Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired Property Type: Detached Single, Attached Single Area: Bloomingdale Months Back: 12 Months
Active Listings
Detached Single
Bedrooms # Active Avg. LP Avg. MT
All 103 $481,869 241
2 or Less 2 $432,400 136
3 35 $331,468 226
4 51 $526,998 211
5 or More 15 $685,960 392
Attached Single
Bedrooms # Active Avg. LP Avg. MT
All 153 $242,971 264
2 or Less 104 $221,087 248
3 49 $289,420 299
Off-Market Listings
Detached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 99 73% $396,866 $341,505 $319,662 94% 81% 176 $505,762 26%
2 or Less 6 100% $280,767 $273,267 $264,167 97% 94% 49 0%
3 38 83% $322,475 $289,558 $270,732 93% 84% 155 $366,588 15%
4 45 63% $447,355 $371,554 $345,907 93% 77% 219 $530,654 35%
5 or More 10 77% $522,015 $444,629 $420,790 95% 81% 139 $661,167 23%
Attached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 108 55% $238,040 $214,171 $200,172 93% 84% 209 $237,870 43%
2 or Less 71 54% $209,390 $193,749 $181,114 93% 86% 226 $204,647 44%
3 36 55% $291,017 $251,370 $235,263 94% 81% 163 $306,607 43%
4 1 100% $365,000 $325,000 $290,000 89% 79% 679 0%

Rental: Updated Kitchen, Baths, Generous Deck!

Dennis Toomey: Real Estate Agent in Schaumburg, IL

311 Plymouth Ln., Bloomingdale, IL 60108

3 Bedrooms/ 2 Bathrooms MLS#07397281 $1,600/month

3 bedroom - 2 bath rental in great area. Updated kitchen, baths and light fixtures in 2007. All appliances, large fenced yard. Very convenient to schools, shopping and expressways. Will consider small pet with additional deposit. Cleanupo in progress -should be complet by Dec 18.

Click on the link below for more details and pictures:

http://www.realestate4uonline.com/s=active&MLS=IL07397281

RE/MAX Territory 847-956-2800

Updated Kitchen, Baths, Generous Deck!

Dennis Toomey: Real Estate Agent in Schaumburg, IL

311 Plymouth Ln., Bloomingdale, IL 60108

3 Bedrooms/ 2 Bathrooms MLS#07397290 $230,000

New Carpet in Living/Dining, hall and stairs. Fresh paint. Updated Kitchen counters, backsplash, stained Oak cabinets w/brushed nickle hardware. Breakfastbar in kitchen is open to familyroom. Updated Baths/lower bath w/expanded shower. Neutral colors throughout. Generous Deck overlooks large fenced backyard. Very convenient to schools, shopping and expressway.

Click on the link below for more details and pictures:

http://www.realestate4uonline.com/s=active&MLS=IL07397290

RE/MAX Territory 847-956-2800

Bloomingdale Real Estate Market Conditions

Dennis Toomey: Real Estate Agent in Schaumburg, IL

Bloomingdale Real Estate

Dennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends. Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of January 15, 2010.

To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active


If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page=search&selected=qck&mode=N&acc=32722&s=active


Dennis Toomey

RE/MAX Territory

847-338-0180

http://www.housebyzip.com/

dtoomey@remax.net

Bloomingdale Real Estate Market Conditions

Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired Property Type: Detached Single, Attached Single Area: Bloomingdale Months Back: 12 Months
Active Listings
Detached Single
Bedrooms # Active Avg. LP Avg. MT
All 101 $490,263 240
2 or Less 2 $432,400 129
3 33 $338,530 222
4 51 $532,272 213
5 or More 15 $688,960 385
Attached Single
Bedrooms # Active Avg. LP Avg. MT
All 152 $244,595 264
2 or Less 104 $219,394 247
3 48 $299,196 301
Off-Market Listings
Detached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 100 74% $395,673 $340,089 $318,315 94% 80% 175 $506,631 25%
2 or Less 6 100% $280,767 $273,267 $264,167 97% 94% 49 0%
3 39 81% $317,495 $287,259 $268,533 93% 85% 152 $346,456 15%
4 45 65% $450,671 $371,554 $345,907 93% 77% 219 $547,379 35%
5 or More 10 77% $522,015 $444,629 $420,790 95% 81% 139 $661,167 23%
Attached Single
Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd
All 108 55% $238,527 $214,171 $200,172 93% 84% 209 $240,197 43%
2 or Less 71 55% $211,310 $193,749 $181,114 93% 86% 226 $209,598 43%
3 36 55% $288,692 $251,370 $235,263 94% 81% 163 $301,396 43%
4 1 100% $365,000 $325,000 $290,000 89% 79% 679 0%

Bloomingdale Homes - How long will it take for my home to sell?

Lyn Sims and the Blog Dog©: Real Estate Agent in Bartlett, IL

Bloomingdale Illinois Median Home Prices


The graph displayed below is the median home prices in Bloomingdale from December 2007 to December bloomingdale homes,the blog dog,bloomingdale agent,2009. The median price is the point at which half of all homes are sold for more and half are sold for less.

It gives you an idea of what prices properties are selling for in that community. When the median price is on the lower end, more reasonably priced homes are selling vs. the higher end homes. In the current market since January 2009, you can see that the median priced home was $244,500 and then rebounded for August 2009 with a price of $398,000.

This is also following the trend that I have personally seen with first time home buyers moving along the market. Foreclosures are traditionally priced below market and are also adjusting the prices downward. There have been only 9 sales in the upper bracket homes (above $400,000) for quite some time and indicates really no move-up sellers over the last year. Possibly with the spring market ahead and the move-up tax credit we will see some of that inventory being sold.

The market slowdown actually began to occur for Bloomingdale and the overall Northwest Suburbs in October 2007 which is a surprise for some people. The market did not just stop overnight! Currently we've had prices in April 2009 from $265,000 and then ending at $305,000 for December's numbers. Just like the stock market, it's subject to the markets normal ups and downs.

bloomingdale homes,the blog dog,bloomingdale agent,

Bloomingdale has seen very stable next to it's existing neighbors. Prices really have not fluctuated dramatically but that happens when a large sale priced home skews the numbers. Can you say follow the bouncing ball? The median prices were down from December 2008 which shows a further example of all the lower end properties getting purchased right now from 1st time buyers or investors. Deals are out there! Weird? Odd? You bet, but I just report the facts here.

Number of homes on the market is down 19% from December 2008. BUT .... there is currently 43.5 months supply of inventory for December 2009 (called the Absorption Rate) which is up dramatically from November's 11.5. New sellers are gearing up for the spring market? We shall see.

Homes under contract is only 2 sales for December 2009 vs. 8 in November. There were more homes under contract (5) in December 2008 vs. only (2) in December 2009. Most other communities have seen a reversal in those numbers with the increased sales being in 2009.

For the last 6 months of 2009 the highest sales price has been $539,000 and the lowest sales price was $180,000 - ouch! That is painful! Someone sure got a sweet deal with that 2BR house. Who said all the deals were gone?

If you are thinking of purchasing or selling in Bloomingdale, please consider me your neighborhood expert. I would welcome the opportunity to meet with you and discuss your options in today's marketplace.

Bloomingdale Market Update - October 2009
Bloomingdale Market Update by Price - June 2009

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Illinois Home Sales - I'm seeing an improvement.

Blog Dog,Lyn Sims

Please contact me Lyn, I need more information!


lyn sims,blog dog,

Lyn Sims and the Blog Dog©
(847)230-7324

RE/MAX Suburban
Email: LynSims@msn.com




Get the Blog Dog© Pawspective on Bloomingdale!



This darn dog and I proudly sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Bartlett, Elk Grove Village, Hoffman Estates, Schaumburg, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.




Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

Bloomingdale IL Median Home Prices ©2010 TheBlogDog.net and Lyn Sims