13 homes sold in Iowa City last week. This number is lower than last year when 25 homes sold in the same time frame. According to MLS data, the number of days on market has also increased from 85 to 126.
| 13 Homes Sold Week ending July 24, 2010 | Avg Price: $158,444 |
| 9 single family homes sold | Avg Price: $161,291 |
| 4 condos sold | Avg Price: $144,325 |
It looks like July will be a soft month for sales. Not really surprising considering the expiration of the tax credit on June 30. It was clear that the housing market would need time to correct after that. A couple more days until the end of the month and we will know more about that correction.
If you need to sell your home and would like me to prepare a CMA (Current Market Analysis) please call me anytime at 319-400-0268 or click here to send me your contact details.
For a complete list of homes for sale in Iowa City just send me an email letting me know what you’re looking for and I’ll send you a list of homes fitting your criteria.
Iowa City Real Estate Market Report June 2010
Iowa City Real Estate Market Report 2nd Quarter: April – June 2010
Data provided by the Iowa City Area MLS
