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Bloomington Real Estate Summer 2019 Outlook
Dated: June 5 2019
Bloomington, is a fantastic community just 10 minutes from the airport and in the middle of the action in the Twin Cities.Great shopping, restaurants, parks and activities make this a very desirable community!
Bloomington home values have seen historic appreciation over the last few years with a 21.5% increase in median home prices since 2016!
Homes on the market in Bloomington on average are currently receiving 100% of list price, indicating strong offers from buyers.
Bloomington median home prices are up 11% just since November 2018!
Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates, we expect summer 2019 in Bloomington to be a VERY strong sellers market, and an excellent time to buy as well!