Homes Sold in Coralville Week Ending July 24, 2010

6 homes sold in Coralville last week. This number is lower than last year when 15 homes sold in the same time period. According to MLS Data days on market also increased from 88 to 138.

6 Homes Sold Week ending July 24, 2010Avg Price: $248,667
5 single family homes soldAvg Price: $279,600
1 condo soldAvg Price: $94,000



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.

So what does all this mean if you’re thinking of buying a home in Coralville?
No change really. We’ve been saying it for a while now. It’s a great market to buy a home. The winning combination of more homes than buyers in the market place + historically low interest rates means opportunities for Buyers.

For sellers it’s a different story. We have a price driven market and buyers are looking for deals.
They’re also looking for shiny pennies. The winning combination for you is to price your home right + make sure it’s the shiny penny they’re looking for. Pristine homes that are priced right sell. It’s as easy as that.


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 Coralville
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.


Coralville real estate market report June 2010


Coralville real estate market report 2nd Quarter: April – June 2010

Source for data: Iowa City Area MLS

Weekly Real Estate Market Update Coralville May 17, 2010

weekly market update coralville may 17, 2010

weekly market update coralville may 17, 2010

283 Active Listings
86 Homes Under Contract
9 Homes Sold May 10 – May 15
10.7 Months Absorption Rate (Number of months it takes for the market to “absorb” homes)


How the absorption rate is calculated


Last week’s real estate market update for Coralville


Coralville real estate market report April 2010


Coralville real estate market report 1st Quarter: January – March 2010

Weekly Real Estate Market Update Coralville April 5, 2010

Coralville real estate market update April 5, 2010

Coralville real estate market update April 5, 2010

296 Active Listings
53 Under Contract
12 Homes Sold March 29 – April 3
11 Months Absorption Rate (Number of months it takes for the market to “absorb” homes)


In a price driven market Coralville is not doing as well as North Liberty and Iowa City. This is a surprise to me as I live in Coralville and find it an extremely convenient place to live sandwiched between Iowa City and North Liberty. The commute to Iowa City is a breeze with less than a 10 minute drive to downtown Iowa City and the UI Hospitals. I guess price trumps convenience at the moment. I wonder if that will change sometime soon. Watch this space… You’ll be the first to know when it does!


Last week’s real estate market update for Coralville


How the absorption rate is calculated

Coralville real estate market report March 2010

Coralville Real Estate Market Report March 2010

homes_sold_in_coralville_march_2010_compared_to_march_2009

It’s the beginning of the month and time for a first look at home sales for March in Coralville IA.
homes_sold_in_coralville_march_2010_compared_to_march_2009
16 homes sold in March 2010 and  coincidentally 16 sold in March 2009 too. In February home sales were up a bit, this month we’re even with last year. Not bad considering home sales have been flat in Coralville compared to Iowa City and North Liberty in recent months.

The median price of homes sold in March was $217,900 compared to $206,750 last year. With an average of 125 days on market.

Buying or selling a home in Coralville, we have an interesting market right now. It will be even more interesting to watch what happens when the deadline for the home buyer tax credit passes. That’s not too far off either, with a deadline of April 30 for an accepted offer.

I’m all for getting information out there, so check back frequently to see what’s going on in the Coralville real estate market. The more you know before you buy or sell a home, the better shape you’ll be in when it comes to either listing a home for sale or making an offer on a home that’s currently on the market.

Weekly Real Estate Market Update Coralville March 29, 2010

Weekly real estate market update Coralville March 29, 2010

Weekly real estate market update Coralville March 29, 2010

303 Active Listings
50 Under Contract
1 Home Sold March 22 – March 27
11 Months Absorption Rate (Number of months it takes for the market to “absorb” homes)


As buyers race to meet the deadline of the homebuyer tax credit they seem to be overlooking Coralville. There are 50 homes under contract in Coralville compared to 103 in North Liberty. (With a similar number of active listings in both markets). From Coralville you have a straight shot to Iowa City with less than a 10 minute commute to downtown Iowa City and the UI Hospitals. The convenience of living in Coralville is apparently not a motivating factor at the moment with a price driven market heading for North Liberty and the east side of Iowa City.


Last week’s real estate market update for Coralville


How the absorption rate is calculated

Coralville real estate market report February 2010

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