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homes sold in iowa city: Homes Sold in Iowa City February 2012 Compared to February 2011 - 03/08/12 01:27 PM
Home Sales in Iowa City were up again in February.  22 homes sold in Iowa City February 2012 compared to 21 in February 2011. That's not as impressive as January when home sales were up significantly compared to last year. I don't think this means the Iowa City real estate market is slowing down though since there are currently 81 homes marked as contingent or sale pending right now on the Iowa City MLS, a really good sign that we have a lot of closings coming up!
The absorption rate has increased to 6.5 months, that's an average of 196 days on market. The calculation for the absorption … (0 comments)

homes sold in iowa city: Homes Sold in Iowa City January 2012 Compared to January 2011 - 02/07/12 09:48 PM
Lately my market reports are full of positive news for housing trends in Iowa City. Home sales for January are no exception. Once again home sales are up in Iowa City. In fact home sales in Iowa City are up by a whopping 138% compared to January 2011. 31 homes sold in Iowa City January 2012 compared to 13 in 2011. And if that wasn't impressive enough. This is the highest number of homes sold in Iowa City in January of any year since 2007 when 35 homes sold!
The absorption rate has dropped to 4.8 months, that's an average of 148 days on market. (6 months absorption rate is a balanced … (2 comments)

 
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Denise Hamlin, 319-400-0268 - Iowa City Real Estate & Relocation Services

Iowa City, IA

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Cardinal Realty - Locally Owned Real Estate Company

Address: Coralville, IA, 52241

Office Phone: (319) 400-0268

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