Bloomingdale Housing Market: August 2012

Signs and data are looking up for the year over statistics coming in from Bloomingdale, IL. From July 2011 to July 2012, homes for sale in Bloomingdale are down about 33% indicating a shrinkage of the general inventory. In the same time frame properties under contract (waiting to close) are up about 215% and housing units that have closed are up about 92%. These are staggering numbers showing that properties are selling at a much higher rate year over than a year ago. Over the coming months as the large number of homes under contract begin to close, we can only expect that the percentage of homes sold will continue to increase. This information indicates that we may have hit rock bottom in pricing, so if you are looking to take advantage of these low interest rates before prices increase stop by WheatonHomes4Sale.com now and start browsing homes for free!

Information and services provided by Katie Oakes with Keller Williams Premiere Properties.