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Weekly Real Estate Market Update North Liberty May 10, 2010

By
Real Estate Broker/Owner with Cardinal Realty ~ 319-400-0268

Weekly market update North Liberty, Iowa, May 10, 2010: Homes sold, homes under contract and active listings.

 

weekly real estate market update North Liberty, Iowa may 10

 

 

239 Active Listings
135 Under Contract
22 Homes Sold May 3 - May 10
5.0 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 calculated


Last week's market report for North Liberty

North Liberty real estate market report 1st Quarter: January - March 2010

Posted by

Denise Hamlin, Realtor®

Broker/Owner

CARDINAL Realty, Coralville IA 

Licensed to Sell Real Estate in the State of Iowa

 

Helping Happy Clients Make Smart Choices 

Iowa City Area Real Estate Services

 

Please remember that opinions expressed in my blog are just that - opinions - not fact
For legal or accounting advice please consult with a professional
Although the information provided is deemed reliable, it's not guaranteed

 

Comments(2)

Anonymous
Iowa Real Estate Company

This is some great news, I hope you will be updating this chart as things progress!

May 12, 2010 11:05 AM
#1
Denise Hamlin, Broker/Owner
Cardinal Realty ~ 319-400-0268 - Iowa City, IA
Helping Happy Clients Make Smart Choices

Yep I will be updating this regularly. As something of a data junkie I post all the market reports I can think of. I've been too busy to get the monthly report done for April, (although I did find time for a quarterly one). I will be catching up on the monthly this weekend.

Thanks for the feedback, it's much appreciated.

Denise

May 14, 2010 04:24 AM