Bloomington Real Estate

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BLOOMINGTON REAL ESTATE

Bloomington, Minnesota (population over 80,000) is located ten miles south of downtown Minneapolis, and as a city/suburb of Minneapolis, Bloomington is an integral part of the southern metropolitan area, connected to the urban street grid of Minneapolis proper.

There are many reasons why owning Bloomington real estate is so desirable. A great place to live, Bloomington is an integral part of the Minneapolis metropolitan district, with all the shopping and entertainment amenities, interesting neighborhoods and employment opportunities available in this area.

For example, the Mall of America, a huge retail shopping complex in Bloomington, features a seven-acre theme park that is a child’s delight, with all sorts of rides and amusements suitable for kids of all ages.

A state-of-the-art aquarium, the Minnesota National Wildlife Refuge, both located in Bloomington, and the scheduled 2010 opening of Target Field, the new home of the Minnesota Twins, are just small examples of the world-class sports and amusements Bloomington has to offer. Add first class shopping, fine restaurants, and the fact that many major corporations have headquartered here, and you have the mix that makes Bloomington, Minnesota such a fine place to call home.

Bloomington Public Schools monitors the city’s public school educational system and oversees fifteen schools. In addition, there are a number of private schools within the boundaries of Bloomington, and several schools of higher learning.

BLOOMINGTON HOMES FOR SALE

The average listing price of Bloomington homes for sale for the quarter July thru September 2009 was $272,737, a drop of 1.2%. Median sales price for this period was $179,700, a decrease of 18.3%. Average price per square foot was $253, down 14.5%.

Average Listing Price:

1 bedroom      $136,716     – 1.2%

2 bedrooms     $200,625    + 0.9%

3 bedrooms     $257,236    + 1.5%

4 bedrooms     $326,416     – 1.9%

BLOOMINGTON REALTORS

If you are selling or buying a home in Bloomington, Minnesota the Preferred Home Team, premier Bloomington realtors, would like you to be aware of these facts. A do-it-yourself approach to buying or selling Bloomington real estate can be a frustrating waste of time if you are using on-line MLS listings to either look for a home for sale, or attempting to see what similar homes are listing for in your particular area.

On line MLS listings cannot be relied upon as being up to date, and may show homes for sale that have already been sold or have hidden issues that can be uncovered by a competent Bloomington, Minnesota realtor.

Sellers will see only the home’s listing price and cannot easily check to see if the house has been sold, and what the actual purchase price was.

Preferred Home Team is the Bloomington, Minnesota real estate agency you should contact to avoid frustrating, time wasting and often economically disastrous decisions. We have the state-of-the-art resources that are available only to professional Bloomington, Minnesota realtors, resources that can save you time and money. Contact us today for a real estate consultation. The service is free and there is no obligation on your part.