Iowa City Real Estate Market Trends April 2012
April was a strange month for home sales in Iowa City. Clearly the market is picking up, we're seeing signs of that all over the Iowa City area real estate market. And yet, home sales in Iowa City were down in April. 44 homes sold in April 2012 compared to 70 in April 2011. At the same time, home prices are up compared to last year. It's my job to present the facts, not make stuff up and you have to admit that the data I get to present this month is a bit on the odd side!Looking at the … [Read More...]
Housing Trends in Coralville IA March and April 2012
The Spring real estate market is definitely in full swing in the Iowa City area. The last market report looked at home sales in North Liberty, today the focus is on home sales in Coralville in March and April this year.April was a really good month for home sales in Coralville with 30 homes sold in April 2012 compared to 13 homes sold in April 2011. That high number more than makes up for the fact that home sales in March were pretty flat. The absorption rate in Coralville is at 7.5 … [Read More...]
Housing Trends North Liberty IA March and April 2012
Spring and early summer is always the busiest time of the year in the Iowa City area real estate market and this year is no exception. In fact this spring is the busiest I've seen since getting into real estate 6 years ago. In all this activity my blogging has taken a back seat and after skipping a couple of market reports last month I figured I'd make up for it this month by looking at home sales in both March and April. I'll start with the North Liberty real estate market.April was a … [Read More...]
Buyers on the Move in Coralville IA – Home Sales Up in April
The real estate market in Iowa City is heating up for spring, you know that already, I wrote about that last week. How about Coralville? If you follow my market reports you'll know that they don't move in tandem. Coralville is very different to Iowa City and had a harder time during the downturn. Fortunately Coralville also has a lot going for it, not only is it a real easy commute to Iowa City, there's also easy access to the Interstate. And yes, before you start wondering where I'm going with … [Read More...]
Real Estate Market in Iowa City Heating Up – Market Update April 16, 2012
The spring market has kicked in big time in Iowa City. A few weeks ago the real estate market was chugging along quite nicely with good solid gains month for month. This past couple of weeks there's been quite a shift and homes in Iowa City are going under contract left and right! To illustrate my point, 179 homes are marked on the MLS as pending or contingent. (There were 109 in March when I did my last update). And since the MLS relies on agents to update the data and they're pretty busy right … [Read More...]
How Much are Closing Costs When I Sell My Home in Iowa City?
This question has come up so often in the past few months I thought it was high time I wrote this post. Even though the market is picking up sellers are not in an enviable position at the moment. They are not making huge profits when they sell their homes in Iowa City. It's no wonder they're taking a long hard look at their bottom line when it comes time to list their homes in Iowa City. The last thing anyone wants at closing is a surprise, especially when that "surprise" entails bringing a … [Read More...]
Open, Spacious Zero Lot for Sale in Central Coralville – 2144 14th St – $129,900
Nice large split foyer zero lot with vaulted ceilings and wood laminate floors on the main level. Open, spacious living room leads to deck that looks over the fenced back yard. Walkout lower level with family room, 3rd bedroom, three-quarter bath and laundry. All freshly painted and move in ready!2144 14th St, Coralville IA 52241 Spacious living and dining area with vaulted ceilings, 2 Bedrooms on main level, 1 on lower level, Family Room on lower level, 1.75 Bathrooms, Attached one car … [Read More...]
SALE PENDING – 706 Clark St, Iowa City – $180,000
What a gem this character filled home in the Longfellow neighborhood is! With Tudor arched doorways and hard wood floors this charming home has the style you expect in this historical neighborhood.706 Clark St, Iowa City: $180,000 - 3 Bedroom, 1 1/2 Bathrooms, beautifully landscaped yard, (featured twice on the walking garden tours in Iowa City), 2 Car Detached Garage at rear with alley access.This Cape Cod style home in the conservation district in Iowa City is sure to impress you … [Read More...]
