316 Active Listings
103 Under Contract
3 Homes Sold March 22 – March 27, 2010
6.8 Months Absorption Rate (Number of months it takes for the market to “absorb” homes).
The absorption rate in North Liberty jumped to 6.8 months this week. In all likelihood this number is skewed and will change when the 103 homes under contract start to close. 14 more homes went under offer last week as home buyers race to take advantage of the homebuyer tax credit and meet the deadline of April 30 for an accepted offer.
Last week’s real estate market update for North Liberty
How the absorption rate is calculated
Real estate market report for North Liberty February 2010
