526 Active Listings
36 Homes Under Contract
9 Homes Sold August 30 – September 4, 2010
| Average Price Homes Sold w/e Sept 4, 2010 | $176,111 |
| Highest Price Home Sold: | $247,000 |
| Lowest Price Home Sold: | $ 80,000 |
Highest number of days on market: 268 days
Lowest number of days on market: 73 days
Home sales in Iowa City picked up a bit in August. If you check out the links to the monthly reports below you’ll see what I mean. We still have the winning combination of lots more homes than buyers in the market place + historically low interest rates. In fact they’re lower than ever – 4.25% for a 30 year fixed rate loan! I’m going to say it again, beats me why the market isn’t a total frenzy with such lucrative times for buyers. If you’re still on the fence about buying a home in Iowa City, I know you’ve heard it before, but this is an astoundingly good time to buy a home. This particular set of conditions won’t last forever. If there was ever a time to make your move it would be now!
If you need to sell your home in Iowa City and would like me to prepare a CMA (Current Market Analysis) with information of homes sold in your neighborhood please call me anytime at 319-400-0268 or click here to send me your contact details.
Are you ready to buy a home in Iowa City? Do you have a real estate related question or a question about the area for me? Just send me an email letting me know how I can help!
Last week’s real estate market update for Iowa City
Iowa City Real Estate Market Report August 2010
Iowa City Real Estate Market Report July 2010
Iowa City Real Estate Market Report 2nd Quarter: April – June 2010
