Hoye Home Team's Market Report

Bloomfield, CT

Single-Family Homes

Berkshire Hathaway Home Services | www.hoyehometeam.com | 860-983-0875



Bloomfield, CT

Sun May 11 2025
This week the median list price for Bloomfield, CT is $424,950 with the market action index hovering around 64. This is an increase over last month's market action index of 58. Inventory has increased to 10. Click here to stay informed with the Bloomfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Bloomfield, CT

Sun May 11 2025
This week the median list price for Bloomfield, CT is $424,950 with the market action index hovering around 64. This is an increase over last month's market action index of 58. Inventory has increased to 10. Click here to stay informed with the Bloomfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Bloomfield market.
Median List Price $424,950
Median Price of New Listings $412,450
Per Square Foot $231
Average Days on Market 48
Median Days on Market 35
Price Decreased 20%
Price Increased 10%
Relisted 0%
Inventory 10
Median Rent
Market Action 64
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$669,450 2,585 2.5 - 5 acres 4 2.5 35 0 1 63
$527,450 2,797 0.5 - 1 acre 3 2.5 80 1 0 87
$399,900 1,435 0.5 - 1 acre 4 2 65 0 2 42
$350,000 1,850 0.25 - 0.5 acre 3 2.5 67 1 2 14