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November 30, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Bloomington, Minnesota

Reported by Tim Murphy, REALTOR

Updated November 10, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Bloomington is experiencing a strong buyers market and the supply of homes is increasing. With the interest rates lowering and the potential for increased rates as the year continues, now is the time to buy. Currently homes for sale in Bloomington are staying on the market for an average of 120+ days. The average sale price in Bloomington is now $200,712. An average of 93.2% of original list price was received at sale. If you would like more information about Bloomington real estate click on the "Visit My Web site" Link below for more details.

ZIP Codes: 55425, 55420, 55437, 55431, 55438

Location Characteristics: Bloomington is a vibrant community that combines a welcoming atmosphere of small town Minnesota with the advantages of living near the Twin Cities metropolitan area. Bloomington is one of the larger metro suburbs and offers excellent shopping, dining, and entertainment. Bloomington also offers a wide variety of other recreational opportunities for your family. The city of Bloomington offers a wonderful quality of life and is a great place for your family to call HOME.

For More Information:

View Market Conditions of other areas served by Tim Murphy

Navigate: Top > Minnesota > Bloomington

About Tim Murphy:
The Johnson and Murphy Team are an agressive team of Realtors looking to always benefit your bottom line. Our belief is that most Realtors are salespeople. This is how we are different. We are Professional Marketers of Real Esate. Our motto is, "Delivering Unmatched Customer Service." This is what we do for all our clients. We work around the clock to buy or sell your home. We give our clients more information than any other team of realtors. We believe part of our services and success is to educate our clients during every step of the home buying or selling process. We'll prove it! Visit our website at: JohnsonMurphyHomes.com


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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