West Bloomington Real Estate - Early 2020 Outlook
Follow Market Trends - Consider the Possibilities - Make Great Decisions
Bloomington is one of the top places to live and work in the Twin Cities Metro. (Bloomington has more jobs per capita than Minneapolis or St. Paul!). Looking at the month of January over the last few years, West Bloomington homes values have seen fantastic appreciation with a 28% increase in median home sale prices since January 2016.
Homes on the market in West Bloomington are currently receiving 100% of original list price, indicating strong offers from buyers which we expect to remain high in the coming weeks. West Bloomington median home prices are up 14% since January of 2018!
Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates we expect early 2020 in Bloomington to be a VERY strong sellers market, and an excellent time to buy as well!