Real Estate Market Reports
Homes Sold in North Liberty Week Ending July 24, 2010
8 homes sold in North Liberty last week. This number is lower than last year when 25 homes sold in the same time period. According to MLS Data the number of days on market decreased from 94 to 74.
| 8 Homes Sold Week ending July 24, 2010 | Avg Price: $186,863 |
| 4 single family homes sold | Avg Price: $232,425 |
| 3 condos sold | Avg Price: $140,100 |
| 1 Zero Lot Sold | Avg Price: $144,900 |
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.
What does this mean for you as a buyer? We still have a price driven market so there are still great opportunities for buyers, plus the interest rates are at all time lows which means it’s really still a win-win situation for you.
The fact that we have a price driven market means that sellers probably won’t make as much as they would like on the sale of a home. On the up side, the turnover rate for homes is better in North Liberty and it is likely that your home will spend less time on the market than in Iowa City or Coralville. (Depending on the location of course, location is always king). Bear in mind too that buyers are looking for deals. Pricing it right is one part of the equation. Equally important is that it’s in pristine condition. Pricing your home right + seeing to it that it’s the shiny penny on the block will put you well on the way to selling your home quickly so you can move onto the next phase of your life.
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 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.
North Liberty real estate market report June 2010
North Liberty real estate market report 2nd Quarter: April – June 2010
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, 2010 | Avg Price: $248,667 |
| 5 single family homes sold | Avg Price: $279,600 |
| 1 condo sold | Avg 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
Homes Sold in Iowa City Week Ending July 24, 2010
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
Weekly Market Update North Liberty July 26, 2010
213 Active Listings
31 Homes Under Contract
8 Homes Sold July 19 – July 24
When it comes to calculating the days on market 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 4.7 months of inventory on the market, that’s 141 days on market. North Liberty continues to do best in the area and with a 4.7 month absorption rate trending towards a sellers market.
What does this mean for you as a buyer? We still have a price driven market so there are still great opportunities for buyers, plus the interest rates are at all time lows which means it’s really still a win-win situation for you.
The fact that we have a price driven market means that sellers probably won’t make as much as they would like on the sale of a home. On the up side, the turnover rate for homes is better in North Liberty and it is likely that your home will spend less time on the market than in Iowa City or Coralville. (Depending on the location of course, location is always king). Bear in mind too that buyers are looking for deals. Pricing it right is one part of the equation. Equally important is that it’s in pristine condition. Pricing your home right + seeing to it that it’s the shiny penny on the block will put you well on the way to selling your home quickly.
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 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.
Last week’s market update for North Liberty
North Liberty real estate market report June 2010
North Liberty real estate market report 2nd Quarter: April – June 2010
Weekly Market Update Coralville July 26, 2010
256 Active Listings
26 Homes Under Contract
6 Homes Sold July 19 – July 24, 2010
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 9.4 months of inventory on the market, that’s 285 days on market. It’s going to take us a while to work through all the inventory in the Coralville market so we probably won’t see any major changes in the near term.
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.
Last week’s real estate market update for Coralville
Coralville real estate market report June 2010
Coralville real estate market report 2nd Quarter: April – June 2010
Weekly Market Update Iowa City July 26, 2010
599 Active Listings
63 Homes Under Contract
13 Homes Sold July 19 – July 24, 2010
No big fluctuations on the week to week numbers at the moment. When it comes to calculating the days on market 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 8.1 months of inventory on the market, that’s 246 days on market. With quite a bit of inventory to work through in Iowa City it’s going to take us a while to see an improvement on the absorption rate.
If you need to sell your home and would like some advice on how to sell it 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.
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.
Last week’s real estate market update for Iowa City
Iowa City Real Estate Market Report June 2010
Iowa City Real Estate Market Report 2nd Quarter: April – June 2010
Weekly Market Update North Liberty July 19, 2010
215 Active Listings
31 Homes Under Contract
13 Homes Sold July 12 – July 19
When it comes to calculating the days on market I don’t use the numbers calculated by the MLS. 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 4.7 months of inventory on the market, that’s 141 days on market. North Liberty continues to do best in the area and with a 4.7 month absorption rate trending towards a sellers market.
What does this mean for you as a buyer? We still have a price driven market so there are still great opportunities for buyers, plus the interest rates are at all time lows which means it’s really a win-win situation for you.
The fact that we have a price driven market means that sellers probably won’t make as much as they would like on the sale of a home. On the up side, the turnover rate for homes is better in North Liberty and it is likely that your home will spend less time on the market than in Iowa City or Coralville. (Depending on the location of course, location is always king).
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 need to sell your home and would like some advice on how to sell it 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.
Last week’s market update for North Liberty
North Liberty real estate market report June 2010
North Liberty real estate market report 2nd Quarter: April – June 2010
Weekly Real Estate Market Update Iowa City July 19, 2010
613 Active Listings
62 Homes Under Contract
10 Homes Sold July 12 – July 19, 2010
No big fluctuations on the week to week numbers at the moment so the number of days on market is not varying much either. When it comes to calculating the days on market I don’t use the numbers calculated by the MLS. 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 8.2 months of inventory on the market, that’s 250 days on market. We still have a lot of inventory to work through in Iowa City so it’s going to take us a while to see an improvement on the absorption rate.
If you need to sell your home and would like some advice on how to sell it 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.
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.
Last week’s real estate market update for Iowa City
Iowa City Real Estate Market Report June 2010
Iowa City Real Estate Market Report 2nd Quarter: April – June 2010
Weekly Real Estate Market Update Coralville July 19, 2010
257 Active Listings
29 Homes Under Contract
6 Homes Sold July 12 – July 19, 2010
When it comes to calculating the days on market I don’t use the numbers calculated by the MLS. 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 9.3 months of inventory on the market, that’s 281 days on market. It’s going to take us a while to work through all the inventory in the Coralville market so we probably won’t see any major changes in the near term.
So what does all this mean if you’re thinking of buying a home in Coralville? 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. It’s important you have the facts about your neighborhood before you put your home on the market. Pricing it right will give you the edge on the competition and mean the difference between your home getting sold or languishing on the market.
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.
If you need to sell your home and would like some advice on how to sell it 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.
Last week’s real estate market update for Coralville
Coralville real estate market report June 2010
Coralville real estate market report 2nd Quarter: April – June 2010
Weekly Real Estate Market Update North Liberty July 12, 2010
213 Active Listings
45 Homes Under Contract
6 Homes Sold July 5 – July 11
When it comes to calculating the days on market I prefer not to use the numbers calculated by the MLS. 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 4.4 months of inventory on the market, that’s 134 days on market. North Liberty continues to do best in the area and with a 4.4 month absorption rate trending towards a sellers market.
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 need to sell your home and would like some advice on how to sell it 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.
Last week’s market update for North Liberty
North Liberty real estate market report June 2010
North Liberty real estate market report 2nd Quarter: April – June 2010
