Weekly Real Estate Market Update North Liberty March 15, 2010

Weekly real estate market update North Liberty March 15, 2010

257 Active Listings
76 Under Contract
2 Homes Sold March 8 – March 13, 2010
5.6 Months Absorption Rate (Number of months it takes for the market to “absorb” homes)

The absorption rate in North Liberty is 5.6 months and still trending towards a sellers market. When the 76 homes under contract start closing it will be sure to have a positive impact on the absorption rate. North Liberty continues to benefit from the homebuyer tax credit as homebuyers race to meet the deadline of April 30 for an accepted offer.

Last week’s real estate market update for North Liberty

Real estate market report for North Liberty February 2010

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