North Liberty Real Estate Market Report May 2010

Homes sold in North Liberty May 2010 compared to May 2009

71 homes sold in North Liberty in May 2010 compared to 53 homes sold in May 2009. That’s a 33% increase.

Average Price Homes Sold May 2010 $173,001
Highest Price Home Sold:$411,500
Lowest Price Home Sold:$70,000


Average Price Homes Sold May 2009 $167,575
Highest Price Home Sold:$336,900
Lowest Price Home Sold:$75,000



According to our MLS homes in North Liberty spent an average of 88 days on market in May 2010. This number is skewed as it doesn’t take into account the fact that some of the homes were re-listed and not new listings along with other variables. For my weekly updates I use a simple method to calculate the absorption rate/days on market that doesn’t manipulate the data. According to that calculation we have a little less than 5 months of inventory on the market – a bit of a variance to the MLS calculated number. Neither of the calculations take into account the different types of homes or different price ranges, so should be taken with a pinch of salt. If you’re selling a home both of those factors would need to be looked at as they play into how many days on market you can expect when you list your home for sale.


For a complete list of homes for sale in North Liberty
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.

If you’re interested in selling your home for the best price in the shortest time
please call me anytime at 319-400-0268 or click here to send me your contact details.

Iowa City Real Estate Market Report May 2010

Coralville Real Estate Market Report May 2010

Speak Your Mind

*

Close
Close
Close
Create an Account
Already have an Account?
Please read our Privacy Policy and our Terms of Service