Real Estate Market Update for 06002 (Bloomfield, CT)

Video: Real Estate Community Tour for 06002 (Bloomfield, CT)

See Real estate community tour for 06002 (Bloomfield, CT)
Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 30% from one year earlier, and down 17% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 220-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 29%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 180-thousand dollars. The number of units sold increased 69% year-over-year, and held steady month-over-month. These latest figures are encouraging news for both buyers and sellers, indicating a positive trend in the marketplace. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 06002 (Bloomfield, CT)
Area Information for 06002 (Bloomfield, CT)
  • Population: 20,772
  • Median Age: 49 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 797/sq mi
  • Population Change Since 2000: 6.03%
  • Closest Airport: Bradley International
  • Closest College: Saint Thomas Seminary
  • Closest Jr. College: Capital Community College
  • Median Household Income: $73,219
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $173,350
  • Closest Major Sports Team: New England Black Wolves
  • Change Avg. Household Income Since 2000: 38.9%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 06002 (Bloomfield, CT)
Median Age: 49 Married: 37% Number of Households: 8,702 Households with Children: 1,671
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 06002 (Bloomfield, CT)

      School Name Distance Type Grades School Rating Parent Rating
      Wintonbury Early Child Magnet School 0.4 mi Public PRESCHOOL-K 0 0
      Laurel School 1.0 mi Public K-2 0 0
      The Bess & Paul Sigel Hebrew Academy 1.1 mi Private PRESCHOOL-8 0 0
      Bloomfield High School 1.4 mi Public 9-12 3 3
      Global Experience Magnet School 1.9 mi Public 6-12 2 3
      Carmen Arace Intermediate School 1.9 mi Public 5-6 0 0
      Carmen Arace Middle School 1.9 mi Public 7-8 1 0
      Webb School At Bloomfield 2.0 mi Private 8-12 0 0
      Metacomet School 2.1 mi Public 3-4 1 0
      Metropolitan Learning Center 2.2 mi Public 6-12 2 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 06002 (Bloomfield, CT)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.