Weekly Real Estate Market Update Iowa City July 12, 2010

by Denise Hamlin on July 12, 2010

weekly real estate market update iowa city july 12, 2010

616 Active Listings
60 Homes Under Contract
7 Homes Sold July 5 – July 10, 2010


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 8.1 months of inventory on the market, that’s 245 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 improve 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

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