weekly real estate market update iowa city

Weekly Real Estate Market Update Iowa City July 5, 2010

July 5, 2010

614 Active Listings 59 Homes Under Contract 50 Homes Sold June 28 – July 3, 2010 An average of 241 days on market = 7.9 Months Absorption Rate (Number of months it takes the market to “absorb” homes). This number remains pretty steady at the moment and with 7.9 months absorption rate we still have [...]

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Weekly Real Estate Market Update Iowa City June 28, 2010

June 28, 2010

626 Active Listings 100 Homes Under Contract 34 Homes Sold June 21 – June 26, 2010 An average of 243 days on market = 8.0 Months Absorption Rate (Number of months it takes the market to “absorb” homes). This number is staying pretty steady at the moment. We still have a buyers market. It seems [...]

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Weekly Market Update Iowa City June 14, 2010

June 14, 2010

617 Active Listings 155 Homes Under Contract 17 Homes Sold June 7 – June 12, 2010 An average of 243 days on market = 8.0 Months Absorption Rate (Number of months it takes the market to “absorb” homes). No change in the absorption rate this week compared to last week. We will probably see a [...]

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Weekly Real Estate Market Update Iowa City March 8, 2010

March 8, 2010

584 Active Listings 101 Homes Under Contract 12 Homes Sold March 1 – March 6 8.0 Months of inventory on the market An absorption rate of 8 months means Iowa City remains a buyers market for now. The absorption rate takes into account homes sold and not those under contract. And with 101 homes under [...]

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