Justin Tye

Bloomington, CA

Single-Family Homes

Active Realty I REAL



Bloomington, CA

Thu Jun 20 2024
This week the median list price for Bloomington, CA is $699,990 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 25. Click here to stay informed with the Bloomington market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Bloomington, CA

Thu Jun 20 2024
This week the median list price for Bloomington, CA is $699,990 with the market action index hovering around 36. This is an increase over last month's market action index of 35. Inventory has held steady at or around 25. Click here to stay informed with the Bloomington market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Bloomington market.
Median List Price $699,990
Median Price of New Listings $598,495
Per Square Foot $484
Average Days on Market 129
Median Days on Market 91
Price Decreased 16%
Price Increased 8%
Relisted 0%
Inventory 25
Median Rent
Market Action 36
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$4,500,000 2,027 1 - 2.5 acres 4 2.3 55 0 1 339
$1,087,000 1,756 0.5 - 1 acre 4 2 58 1 1 115
$612,495 1,661 6,500 - 8,000 sqft 4 2 34 1 3 21
$490,000 1,073 6,500 - 8,000 sqft 3 1 68 2 1 14