Is Bloomfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bloomfield has remained a Seller's Market.
Housing Prices in Bloomfield, CT
How much do homes in Bloomfield, CT cost?
Median Sold Price
$320,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bloomfield was $320,000 in April 2024, up 6.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $85K | -46.9% |
2 Bedrooms | $212.5K | $250.7K | +18.0% |
3 Bedrooms | $310K | $315K | +1.6% |
4 Bedrooms | $375K | $347.5K | -7.3% |
5+ Bedrooms | $300K | $400K | +33.3% |
Summary: Bloomfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.9%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
Tariffville | $221.5K | $292K | +31.8% |
Simsbury | $400K | $450K | +12.5% |
West Hartford | $391.5K | $438.2K | +11.9% |
Windsor | $304.8K | $331.6K | +8.8% |
Bloomfield | $300K | $320K | +6.7% |
Housing Supply in Bloomfield, CT
How many homes are available in Bloomfield, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 52 | +10.6% |
Summary: The Bloomfield real estate market had 52 homes for sale in April 2024, a 10.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bloomfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Bloomfield in April 2024, up by 31.3% month-over-month. Of the 21 sold homes, 24% were sold under asking, 24% were sold at asking, and 52% were sold over asking.
Days on Market for Bloomfield, CT
We’re sorry, we don't have information for this market at the moment