Thursday, June 02, 2011

Bloomfield Home Values Show Slight Increase

Trulia is reporting that the median sales price for homes in Bloomfield NJ for Feb 11 to Apr 11 was $258,000. Bucking up against the national downward trend, this represents an increase of 1.3%, or $3,250, compared to the prior quarter and a decrease of 4.4% compared to the prior year. Sales prices have depreciated 29.2% over the last 5 years in Bloomfield. (click on graphic to enlarge) The average listing price for Bloomfield homes for sale on Trulia was $282,758 for the week ending May 23, which represents a decline of 1.2%, or $3,384, compared to the prior week and a decline of 1.1%, or $3,288, compared to the week ending May 02.

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