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Bloomington Real Estate
Bloomington Home For Sale
As the fifth largest city in Minnesota, Bloomington is home to about 80,000 residents. One of the things that drew me and my family here is the number of schools that are available throughout the district. In all, there are more than 40 schools in the Bloomington School District. Three of those are private schools and 27 of them are public schools. Our kids currently attend Jefferson High School in Bloomington but they have attended Oak Grove Middle School and Westwood Elementary School in the past.
Bloomington MN is also home to some major companies where many of the towns resident make a living. Toro and Seagate are two of these large companies but there are several others. My brother in law works at Toro as an office manager and does quite well for himself in supporting his family in the Bloomington area.
Bloomington Real Estate info: Prices of Homes in Bloomington MN
Home buyers moving into the Bloomington MN real estate market have several neighborhoods to choose from. Many of these neighborhoods are situation next to one of the green parks in the city. The Southwood Terrace and Summit Ridge are two of the upscale Bloomington real estate neighborhoods, but there are also condominiums around as well. The Courtyard Condominiums offer access to Bryant Lake and Bryant Park for outdoor activities. Schools are also located near many of these neighborhoods for added convenience.
The prices of homes in the Bloomington real estate market range from the practical homes starting at about $100,000 and below to more customized and lavish properties in the higher end range. Some of these more extravagant homes can cost several million dollars depending on the features and amenities that you are looking for. But most homes fall in the lower end of the pricing range so the Bloomington market is great for home buyers on a budget.
Bloomington Real Estate News: September Bloomington Home Sales
Bloomington closed sales dropped -11.1% mo/mo in September that something we are watching and concerned about with our Bloomington Real Estate Team. In September, 2011 the 117 new listings were lower year over year in Bloomington it was down -34 houses. Bloomington's days of inventory for sale dropped -25.9% yr/yr in September we would like to see continue with our Bloomington Real Estate Team. www.bloomington-real-estate.com were evaluating the months of inventory situation of real estate for sale market for the month of September 2011, it was down -10.4% in the past year. Average sales price in Bloomington was $166,286 in September that was lower year over year, as a percentage it was down -12.2%. The Bloomington Real Estate Team was discussing median sales prices for the month of September, 2011 they were down ($16,500) dollars yr/yr to $151,000. The average number of days rose for real estate has been on the market in September in Bloomington currently it is as a percentage it was up 15.5% to 149 days month vs month. Currently in Bloomington homeowners are getting about 89.4% from the original list price of their home which is up from 87.9% last year.