Weekly North Liberty Real Estate Market Statistics Feb 15, 2010

224 Active Listings
47 Under Contract
1 Home Sold Feb 8 – Feb 12
4.9 Months of inventory on the market

North Liberty is bucking the trend in the area again with an absorption rate of 4.9 months and definitely trending towards a sellers market. With all the activity we have now and buyers out looking to take advantage of the homebuyer tax credit North Liberty is set to do very well in the spring.

If you’re not familiar with the absorption rate 6 months of inventory of homes on the market is considered neutral and less than 6 months a sellers market. For more info here’s a link to a post I wrote a while back with pretty detailed info about the absorption rate and how it’s calculated.