Weekly Real Estate Market Update Coralville March 22, 2010

by Denise Hamlin on March 22, 2010

weekly real estate market update Coralville March 22, 2010

256 Active Listings
43 Under Contract
3 Homes Sold March 15 – March 20
10 Months Absorption Rate (Number of months it takes for the market to “absorb” homes)

Right now the absorption rate in Coralville is not looking good with a high 10 months of inventory on the market. There’s still a chance the market will pick up in the coming months as buyers race to meet the deadline of the homebuyer tax credit. 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 seems to be being overlooked 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

Coralville real estate market report February 2010

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