News from the Bloomington Board of Realtors®

https://bgcbloomington.org/ssf20/

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INDIANA REALTORS®: MAY HOME SALES DOWN 25 PERCENT FROM LAST YEAR Year-To-Date Sales Down Less Than Five Percent; Average and Median Prices Increase for 102nd Consecutive Month

(INDIANAPOLIS, IN) – Indiana REALTORS® have closed the books on May, today releasing their summary of existing-home sales from the fifth month of 2020. Existing homes include single-family, townhomes, condos, and co-ops. Statewide, here’s how May 2020 compared to May 2019:
• Closed home sales decreased 25.8 percent to 6,702
• The median sales price of homes increased 7 percent to $184,000
• The average sales price of homes increased 4.9 percent to $211,636
• The percent of original list price received at sale decreased 0.3 percent to 96.8 percent
• Pending home sales decreased 1.9 percent to 9,211
• New listings decreased 18.5 percent to 9,662

“Even though we’ve been dealing with the coronavirus for months now, its impact on local housing markets is just now showing up in our monthly report in a significant manner. That’s because of the time it takes to close a sale. Indiana was under a stay-at-home order for much of April, so activity that would’ve ordinarily turned into a closing in May was delayed,” said Terre Haute’s Bernice Helman, 2020 President of the Indiana Association of REALTORS®. “It would be easy to focus on the year-over-year decrease in closing sales, but there’s plenty of good news in this report,” continued Helman. “Year-to-date, home sales are down less than five percent. Prices have held firm given the competition spurred by low inventory and the purchase power created by low interest rates. Pending sales point to a return of business. There’s a lot of opportunity for homeowners right now and Realtors have many tools to get our clients to the closing table safely.”

Readers of the monthly Indiana Real Estate Markets Report will note a large percentage decrease in two metrics – the inventory of homes for sale and the months supply of homes for sale – for the next calendar year. That’s because of a recent database cleanup that revealed a miscalculation of inventory. The miscalculation of inventory is mainly due to listing service mergers and category changes; these actions caused IAR to continue to count things like expired listings, sale-turned-rental properties, and foreclosures into the inventory of homes for sale.

Visit IndianaRealtors.com/Consumers/Housing-Data to view the full report, which includes county data in one-page and sortable table formats. The Indiana Association of REALTORS® partners with seven of the state’s eight listing services to publish housing data each month. Our reports represent 98 percent of the housing market statewide and 91 of 92 counties. ... See more

REALTORS® release the monthly Indiana Real Estate Markets Report so homeowners, would-be homeowners, and policymakers can monitor these markets. The housing data report is fueled by data from eight of nine listing services, it contains the best information available. ... See more

The Bloomington Board of REALTORS® seeks a friendly and energetic professional as the Association Executive Vice President (EVP) of its 450+ member trade association for real estate. The EVP oversees all aspects of managing member services and programs, including finances, personnel, and general operations. Activities include board relations, administration of a for-profit subsidiary corporation, communications, advocacy, adherence with local/state/national administration requirements, and provision of technology services. A full job description and application process is available online at:https://www.homefinder.org/about/bbor-leadership/association-executive-vice-president/ ... See more

DON'T FORGET TO VOTE!!
For the 2020 primary, the polling sites have been reduced to 7 locations:
Edgewood High School, 601 S Edgewood Dr, Ellettsville
City Church for All Nations, 1200 N Russell Road, Bloomington
Bloomington City Hall, 401 N Morton St., Bloomington
Arlington Heights Elementary School, 700 W Parrish Road, Bloomington
Southside Christian Church, 500 E Empire Mill Road, Bloomington
Grandview Elementary School, 2300 S Endwright Road, Bloomington
Sherwood Oaks Christian Church, 2700 E Rogers Road, Bloomington

Here's where each precinct will vote on June 2:
• Bean Blossom 1, 2 – Edgewood High Schoo
• Benton 1, 2 – City Church for All Nations
• Bloomington 1, 2, 3 – Bloomington City Hall
• Bloomington 4 – Arlington Heights Elementary School
• Bloomington 5, 6, 7 – Bloomington City Hall
• Bloomington 8, 9, 10, 11 – City Church for All Nations
• Bloomington 12, 13, 14, 15 – Arlington Heights Elementary School
• Bloomington 16 – City Church for All Nations
• Bloomington 17 – Arlington Heights Elementary School
• Bloomington 18, 19, 20 – Bloomington City Hall
• Bloomington 21 – City Church for All Nations
• Bloomington 22 – Arlington Heights Elementary School
• Bloomington 23 – Bloomington City Hall
• Bloomington 24 – Arlington Heights Elementary School
• Clear Creek 1, 2, 3 – Southside Christian Church
• Indian Creek – Southside Christian Church
• Perry 1 – Bloomington City Hall
• Perry 2, 3, 4, 5 – Grandview Elementary School
• Perry 6 – Sherwood Oaks Christian Church
• Perry 7 – City Church for All Nations
• Perry 8 – Bloomington City Hall
• Perry 9, 10, 11, 12, 13, 14 – Sherwood Oaks Christian Church
• Perry 15 – Bloomington City Hall
• Perry 16, 17 – City Church for All Nations
• Perry 18, 19 – Sherwood Oaks Christian Church
• Perry 20 – City Church for All Nations
• Perry 21, 22, 23 – Sherwood Oaks Christian Church
• Perry 24 – Southside Christian Church
• Perry 25 – Grandview Elementary School
• Perry 26 – Sherwood Oaks Christian Church
• Perry 27 – Grandview Elementary School
• Perry 28 – Sherwood Oaks Christian Church
• Perry 29, 30, 31 – Bloomington City Hall
• Perry 32 – City Church for All Nations
• Polk – Southside Christian Church
• Richland 1, 2, 3, 4, 5, 6, 7, 8, 9 – Edgewood High School
• Salt Creek – Sherwood Oaks Christian Church
• Van Buren 1, 2, 3, 4, 5, 6 – Grandview Elementary School
• Washington – Arlington Heights Elementary School

Check monroecountyvoters.us for updated information.

Questions may also be directed to the voter registration office by calling 812-349-2690. ... See more

DON'T FORGET TO VOTE!!
For the 2020 primary, the polling sites have been reduced to 7 locations:
Edgewood High School, 601 S Edgewood Dr, Ellettsville
City Church for All Nations, 1200 N Russell Road, Bloomington
Bloomington City Hall, 401 N Morton St., Bloomington
Arlington Heights Elementary School, 700 W Parrish Road, Bloomington
Southside Christian Church, 500 E Empire Mill Road, Bloomington
Grandview Elementary School, 2300 S Endwright Road, Bloomington
Sherwood Oaks Christian Church, 2700 E Rogers Road, Bloomington

Here's where each precinct will vote on June 2:
• Bean Blossom 1, 2 – Edgewood High Schoo
• Benton 1, 2 – City Church for All Nations
• Bloomington 1, 2, 3 – Bloomington City Hall
• Bloomington 4 – Arlington Heights Elementary School
• Bloomington 5, 6, 7 – Bloomington City Hall
• Bloomington 8, 9, 10, 11 – City Church for All Nations
• Bloomington 12, 13, 14, 15 – Arlington Heights Elementary School
• Bloomington 16 – City Church for All Nations
• Bloomington 17 – Arlington Heights Elementary School
• Bloomington 18, 19, 20 – Bloomington City Hall
• Bloomington 21 – City Church for All Nations
• Bloomington 22 – Arlington Heights Elementary School
• Bloomington 23 – Bloomington City Hall
• Bloomington 24 – Arlington Heights Elementary School
• Clear Creek 1, 2, 3 – Southside Christian Church
• Indian Creek – Southside Christian Church
• Perry 1 – Bloomington City Hall
• Perry 2, 3, 4, 5 – Grandview Elementary School
• Perry 6 – Sherwood Oaks Christian Church
• Perry 7 – City Church for All Nations
• Perry 8 – Bloomington City Hall
• Perry 9, 10, 11, 12, 13, 14 – Sherwood Oaks Christian Church
• Perry 15 – Bloomington City Hall
• Perry 16, 17 – City Church for All Nations
• Perry 18, 19 – Sherwood Oaks Christian Church
• Perry 20 – City Church for All Nations
• Perry 21, 22, 23 – Sherwood Oaks Christian Church
• Perry 24 – Southside Christian Church
• Perry 25 – Grandview Elementary School
• Perry 26 – Sherwood Oaks Christian Church
• Perry 27 – Grandview Elementary School
• Perry 28 – Sherwood Oaks Christian Church
• Perry 29, 30, 31 – Bloomington City Hall
• Perry 32 – City Church for All Nations
• Polk – Southside Christian Church
• Richland 1, 2, 3, 4, 5, 6, 7, 8, 9 – Edgewood High School
• Salt Creek – Sherwood Oaks Christian Church
• Van Buren 1, 2, 3, 4, 5, 6 – Grandview Elementary School
• Washington – Arlington Heights Elementary School

Check monroecountyvoters.us for updated information.

Questions may also be directed to the voter registration office by calling 812-349-2690. ... See more