absorption rate north liberty: North Liberty Real Estate Market Report June 2010
- 07/08/10 01:15 PM
North Liberty Real Estate Market Report June 2010 Compared to June 2009 109 homes sold in North Liberty in June 2010 compared to 80 homes sold in June 2009. That's an increase of 36% and not surprisingly the best in the area. What jumps out in the graph above is that condo sales have increased by almost 47% compared to last year! If you look at the numbers for Iowa City and Coralville you will see that condo sales are on the rise there too. We have a market saturated with condos so this is great to see. I don't … (4 comments)
230 Active Listings78 Homes Under Contract13 Homes Sold June 14 - June 19, 2010An average of 144 days on market = 4.7 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). North Liberty continues to do better than Coralville or Iowa City when it comes to how long inventory stays on the market. The Jury's still out on whether or not this is a lasting trend. We'll know more in the coming months … (0 comments)
229 Active Listings 86 Homes Under Contract 15 Homes Sold June 7 - June 12 An average of 144 days on market = 4.7 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). North Liberty continues to have the strongest numbers in the area dropping again slightly this week and trending more and more towards a sellers market.How the absorption rate is calculatedLast week's market update for North LibertyNorth Liberty real estate market report April 2010North Liberty … (0 comments)
237 Active Listings 95 Under Contract 27 Homes Sold May 31 - June 7 An average of 149 days on market = 4.9 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). North Liberty continues to have the strongest numbers in the area dropping below 5 months of inventory this week and trending towards a sellers market.How the absorption rate is calculated North Liberty real estate market report April 2010North Liberty real estate market … (0 comments)
244 Active Listings 107 Under Contract 16 Homes Sold May 24 - May 29 An average of 155 days on market = 5.1 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). North Liberty continues to have the strongest numbers in the area and with a steady 5 months of inventory is trending towards a sellers market.How the absorption rate is calculatedLast week's market update for North LibertyNorth Liberty real estate market report April … (4 comments)
236 Active Listings 127 Under Contract 16 Homes Sold May 10 - May 15 5.0 Months Absorption Rate (Number of months it takes for the market to "absorb" homes).How the absorption rate is calculatedLast week's market report for North Liberty North Liberty real estate market report April 2010North Liberty real estate market report 1st Quarter: January - March 2010
Originally posted at ichomesforsale.com … (2 comments)
239 Active Listings135 Under Contract22 Homes Sold May 3 - May 105.0 Months Absorption Rate (Number of months it takes for the market to "absorb" homes).Great looking pie in North Liberty with 36% of the homes on the market under offer. The absorption rate is better than the rest of the Iowa City area too and likely to improve with more homes closing every week. How the absorption rate is calculatedLast week's market report for North LibertyNorth Liberty real estate … (2 comments)
245 Active Listings143 Under Contract10 Homes Sold April 19 - April 26, 20105.3 Months Absorption Rate (Number of months it takes for the market to "absorb" homes).How the absorption rate is calculatedLast week's market report for North LibertyReal estate market report for North Liberty March 2010 … (0 comments)
252 Active Listings132 Under Contract7 Homes Sold April 5 - April 10, 20105.5 Months Absorption Rate (Number of months it takes for the market to "absorb" homes).How the absorption rate is calculatedLast week's market report for North LibertyReal estate market report for North Liberty March 2010 … (0 comments)
262 Active Listings117 Under Contract14 Homes Sold April 5 - April 10, 20105.8 Months Absorption Rate (Number of months it takes for the market to "absorb" homes).31% of the current inventory of homes on the market is under offer in North Liberty - That pie is looking really good right now! The absorption rate is the best in the area and likely to go down even more in the coming months. North Liberty continues to be popular with lots of new construction homes at good prices. It will be interesting to see what impact it has on the area … (0 comments)
316 Active Listings103 Under Contract3 Homes Sold March 22 - March 27, 20106.8 Months Absorption Rate (Number of months it takes for the market to "absorb" homes).The absorption rate in North Liberty jumped to 6.8 months this week. In all likelihood this number is skewed and will change when the 103 homes under contract start to close. 14 more homes went under offer last week as home buyers race to take advantage of the homebuyer tax credit … (0 comments)
273 Active Listings89 Under Contract4 Homes Sold March 15 - March 21, 20105.9 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. This is likely to change when the large number of homes under contract start to close. This is one time where the pie graph is really helping to show that almost a quarter of the the current inventory is under contract. (24.5% … (4 comments)
257 Active Listings76 Under Contract2 Homes Sold March 8 - March 13, 20105.6 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. North Liberty continues to benefit from the homebuyer tax credit as homebuyers race to meet the deadline of April 30 for an accepted offer. The large number of homes under contract is an indicator that once they start closing in bigger numbers it's likely to have a positive impact on the absorption rate. Last week's … (0 comments)
North Liberty Real Estate Market Report June 2010 Compared to June 2009
;)
;)
;)
