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Bloomington IL Local Real Estate Indicators for August 2012
Local Real Estate Information for Bloomington Normal IL

National Real Estate Data is About as Valuable as a National Weather Forecast This is SO true. We hear doom and gloom about certain markets and freak out. But how is our local market doing? You might be surprised to hear that our market is doing very well. Take a look at where we were a year ago vs. where we are now,...  
August 2011
total # of sales                         1,011 average list price                $191,000 average sold price              $182,000 average days on market              114  
August 2012
total # of sales                         1,272 average list price                $189,000 average sold price              $180,000 average days on market             119  
* This data is for existing single-family homes during the 12 months prior to the month listed. Data was provided by the Bloomington-Normal Association of Realtors. http://www.bnrealtors.com/
 
Not as bad as you thought? That's why it's SO important to get local numbers.
 
The good news for buyers?
prices and rates are phenomenal (just barely over 3%) inventory is low (competition is fierce) The good news for sellers? 
prices and rates are ... more

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