Is Bloomington, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bloomington has remained a Seller's Market.
Housing Prices in Bloomington, CA
How much do homes in Bloomington, CA cost?
Median Sold Price
$525,000
$409/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bloomington was $525,000 in May 2024, up 14.3% from last year, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $412.5K | N/A |
2 Bedrooms | $403K | $478K | +18.6% |
3 Bedrooms | $459K | $507K | +10.5% |
4 Bedrooms | $520K | $570K | +9.6% |
5+ Bedrooms | $535K | $592.5K | +10.7% |
Summary: Bloomington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Neighborhoods
Bloomington | $459.5K | $525K | +14.3% |
Jurupa Valley | $612.6K | $650K | +6.1% |
Housing Supply in Bloomington, CA
How many homes are available in Bloomington, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 39 | +2.6% |
Summary: The Bloomington real estate market had 39 homes for sale in May 2024, a 2.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Bloomington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Bloomington in May 2024, up by 80.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for Bloomington, CA
How long does it take to sell a home in Bloomington, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 41 Days | +101.2% |
Summary: Homes in Bloomington had an average of 41 days on market in May 2024, up by 101.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Bloomington; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.