245 Active Listings
43 Under Contract
1 Home Sold March 8 – March 13
9.6 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 9.6 months of inventory on the market. Hopefully that changes in the coming months as buyers race to meet the April 30 deadline for an accepted offer for the homebuyer tax credit. On the up side, the number of homes under contract is on the rise and when they close that will impact the absorption rate.
Last week’s real estate market update for Coralville
Coralville real estate market report February 2010
