Weekly Real Estate Market Update North Liberty March 22, 2010

weekly real estate market update North Liberty March 22, 2010

273 Active Listings
89 Under Contract
4 Homes Sold March 15 – March 21, 2010
5.9 Months Absorption Rate (Number of months it takes for the market to “absorb” homes).

The absorption rate in North Liberty is 5.9 months, a little higher than last week. Since the absorption rate is calculated using the numbers of homes sold this is likely to change when the large number of homes under contract start to close. 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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