coralville real estate market: Weekly Real Estate Market Update Coralville August 9, 2010: Homes Sold, Homes Under Contract & Active Listings - 08/09/10 12:33 PM
Weekly Market Update Coralville: Number of homes sold, homes under contract and active listings August 9, 2010
 

 
 
247 Active Listings21 Homes Under Contract7 Homes Sold August 2 - August 9, 2010 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 9.4 months of inventory on the market, that's 286 days on market. A few months ago we had 11 months of inventory, at the moment it's holding steady around 9 months. It's heading the right way. We just need some time to work … (0 comments)

coralville real estate market: Coralville Real Estate Market Report July 2010 Compared to July 2009 - 08/04/10 02:53 PM
Coralville Real Estate Market Report July 2010 Compared to July 2009

26 homes sold in Coralville in July 2010 compared to 60 homes sold in July 2009. Not a huge surprise to see this dip in home sales after the expiration of the homebuyer tax credit at the end of June. Let's hope it was just a glitch and we see some stronger sales in August.
As far as the days on market are concerned.  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 9.4 months … (0 comments)

coralville real estate market: Coralville Real Estate Market Report 2nd Qtr 2010 - 07/07/10 01:17 PM
Coralville Real Estate Market Report 2nd Quarter / April - June  2010 compared to April - June 2009
 

156 homes sold in the 2nd quarter 2010 compared to 114 homes sold in the 2nd quarter 2009. That's an increase of almost 37%. Just like my market report for Iowa City  what jumps out is the number of condos sold. 42 condos sold in Coralville in the 2nd qtr this year compared to 25 in the same time period in 2009. That's a 92% increase! Even better than Iowa City where condo sales rose by 62% compared to last year. … (0 comments)

coralville real estate market: Weekly Market Update Coralville July 5, 2010: Homes Sold, Homes Under Contract & Active Listings - 07/05/10 01:22 PM
Weekly real estate market update Coralville, Iowa, July 5, 2010: Includes homes sold, homes under contract and active listings.
 

 
 
265 Active Listings29 Homes Under Contract16 Homes Sold June 28 - July 3, 2010An average of 289 days on market = 9.5 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). The number of days on market is edging it's way downwards again this week. Slow and steady the market continues to improve. We're not out of the woods yet though, we still have a buyers market. More homes than buyers in the … (0 comments)

coralville real estate market: Weekly Market Update Coralville June 28, 2010: Homes Sold, Under Contract & Active Listings - 06/28/10 10:30 AM
 
Weekly real estate market update Coralville June 28, 2010: Includes homes sold, homes under contract and current listings.

 
272 Active Listings 42 Homes Under Contract 13 Homes Sold June 21 - June 26, 2010An average of 299 days on market = 9.9 Months Absorption Rate (Number of months it takes for the market to "absorb" homes) A few weeks ago we had 11 months of inventory. We're still moving in the right direction, albeit slowly. We still have a buyers market. If you're thinking of buying it's a great time to put those thoughts into action. More homes … (0 comments)

coralville real estate market: Weekly Market Update Coralville June 21, 2010: Homes Sold, Under Contract & Current Listings - 06/21/10 11:51 AM
Weekly real estate market update for Coralville June 21, 2010: Homes sold, homes under contract and current listings.

 
 
268 Active Listings54 Homes Under Contract17 Homes Sold June 14 - June 19, 2010An average of 295 days on market = 9.7 Months Absorption Rate (Number of months it takes for the market to "absorb" homes) A few weeks ago we had 11 months of inventory. We're still moving in the right direction, albeit slowly. We still have a buyers market so if you're thinking of buying a home it's a great time to put those thoughts into action.More homes … (0 comments)

coralville real estate market: Coralville Real Estate Market Report April 2010 - 05/17/10 02:12 PM

 
There were 34 homes sold in Coralville in April 2010 compared to 17 homes sold in April 2009. That's a 100% increase and best in the area. Quite something considering the Coralville real estate market has been kind of flat, as you can see from my quarterly report.  
 
According to our MLS homes spent an average of 91 days on market in April 2010. This number is skewed as it doesn't take into account the fact that some of the homes were re-listed and not new listings along with other variables. In my weekly reports I use … (0 comments)

coralville real estate market: Weekly Real Estate Market Update Coralville May 10, 2010 - 05/10/10 10:46 AM
Weekly market update Coralville May 10: Homes sold, homes under contract and active listings.

 
 
 
297 Active Listings81 Homes Under Contract11 Homes Sold May 3 - May 1010.9 Months Absorption Rate (Number of months it takes for the market to "absorb" homes)The absorption rate has gone down just a touch this week and it looks like the Coralville market may be picking up a bit. Homes under contract are looking pretty decent too with 21% of the homes on the market under offer. Coralville is probably one to watch in the coming months. It may surprise us. (I … (0 comments)

coralville real estate market: Weekly Real Estate Market Update Coralville March 29: Homes Sold, Under Contract & Active Listings - 03/29/10 09:11 AM
Weekly real estate market update for Coralville March 29, 2010. Includes homes sold, under contract and active listings
 

 
 
303 Active Listings50 Under Contract1 Home Sold March 22 - March 2711 Months Absorption Rate (Number of months it takes for the market to "absorb" homes)As buyers race to meet the deadline of the homebuyer tax credit they seem to be overlooking Coralville. There are 50 homes under contract in Coralville compared to 103 in North Liberty. (With a similar number of active listings in both markets). From Coralville you have a straight shot to Iowa City with less … (0 comments)

coralville real estate market: Weekly Market Update Coralville: Homes Sold, Under Contract & Active Listings - 03/22/10 09:56 AM
Weekly Real Estate Market Update Coralville: Homes Sold, Under Contract & Active Listings
 

 
 
 
256 Active Listings43 Under Contract3 Homes Sold March 15 - March 2010 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 10 months of inventory on the market. There's still a chance the market will pick up in the coming months as buyers race to meet the deadline of the homebuyer tax credit. From Coralville you have a straight shot to Iowa City with less … (2 comments)

coralville real estate market: Weekly Real Estate Market Update Coralville March 15, 2010: Homes Sold, Under Contract & Active Listings - 03/15/10 10:29 AM

 
 
 
245 Active Listings43 Under Contract1 Home Sold March 8 - March 139.6 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 deadline of 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 … (0 comments)

coralville real estate market: Weekly Real Estate Market Update Coralville March 8, 2010: Homes Sold - Under Contract - Active Listings - 03/08/10 11:22 AM
Weekly real estate market update Coralville March 8, 2010
 

 
 
226 Active Listings39 Under Contract6 Home Sold March 1 - March 68.8 Months of inventory on the marketAn absorption rate of 8.8 months means Coralville remains a buyers market. Coralville does well with move-up buyers and there is a lot of buyer activity right now. The homes sold number is starting to tick upwards, so it looks like those repeat buyers taking advantage of the homebuyer tax credit may soon have a positive impact on the Coralville real estate market. If you're not familiar with the absorption rate, … (0 comments)

coralville real estate market: Coralville Real Estate Market Report January 2010 - 02/03/10 10:54 AM
Coralville Real Estate Market Report January 2010 It's the beginning of the month and time for a first look at homes sold in the Coralville area in January.The number of homes sold in Coralville was down in January compared to last year. 3 homes sold in January 2010 in comparison to 5 in January 2009. January is historically not a strong month as you can tell. This year we're having an even rougher winter than usual that might have contributed to the low number.The average price of homes sold in January was $197,333 with an average of 130 days on market. … (0 comments)

coralville real estate market: Coralville Real Estate Market Report November 2009 - 12/03/09 02:11 PM
Coralville Real Estate Market Report November 2009 It's the beginning of the month and time for my Coralville real estate market report for November 2009. The number of homes sold in November in Coralville was up by and amazing 92%. There were 25 homes sold in Coralville in November 2009 compared to 13 homes sold in November 2008.
The average price of homes sold in November was $225,136 with an average of 98 days on market. The average price is up by 3% compared to last year when it was $218,246. Coralville is still bucking the trend we have in Iowa … (0 comments)

coralville real estate market: Coralville Real Estate: Coralville Home Sellers Market Update - 11/24/09 02:52 PM
Coralville Home Sellers Market Update November 2009It's coming to the end of the month and almost time for my monthly real estate market report giving a general picture of how the market is trending in Coralville. As we are going through a time of transition I figured it would be a good time to put together a few numbers with home sellers in mind. If you have your home listed right now, or are thinking about listing it, then the idea is to look at the real estate market from your perspective.17 Homes sold in Coralville November 1 - November 23That's … (1 comments)