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North Liberty Real Estate Market Report 1st Qtr 2010

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

Real Estate Market Report for North Liberty Iowa 1st Quarter - January - March 2010 compared to January - March 2009

North Liberty real estate market report 1st Qtr 2010

There were 61 homes sold in North Liberty in the first quarter 2010 compared to 62 homes sold in the first quarter 2009.

Average Price Homes Sold 1st Qtr 2010: $164,065
Highest Price Home Sold: $290,000
Lowest Price Home Sold: $74,900

 

Average Price Homes Sold 1st Qtr 2009: $158,189
Highest Price Home Sold: $384,500
Lowest Price Home Sold: $70,000

 

According to our MLS homes spent 107 days on market compared to 121 days last year. 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. In my weekly reports I use a different method to calculate the absorption rate/days on market and although that is more accurate, it doesn't take into account the different types of homes or different price ranges. Both of those factors would play a role when it comes to selling a home. In other words, the data here gives you a general idea of what the North Liberty real estate market is doing, when it comes to selling your home you need much more specific data about your house and your neighborhood.




If you're interested in selling your home for the best price in the shortest time
please call me anytime at 319-400-0268 or click here to send me an email with your contact details.


For a complete list of homes for sale in North Liberty
please call or click here to request an update.

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(4)

Tina Maraj
RE/MAX One - Fullerton, CA
Celebrating 30 Years of Real Estate Sales

I love your graphs. How do you set them up like that in color?

May 27, 2010 04:05 AM
Denise Hamlin, Broker/Owner
Cardinal Realty ~ 319-400-0268 - Iowa City, IA
Helping Happy Clients Make Smart Choices

Hi Tina ~ It's so easy you won't believe it! I don't have the time to figure out how to do it in Excel, so I found myself some nice online software that does the job for me in a couple of minutes. Just google "create a graph" and it's hard to miss. There's a short learning curve, but really not more than about 30 minutes and you're good to go. I lke the bold colors too. they really liven up a dull market report, don't they? I get lots of compliments and it's really not much work at all!

Denise

May 27, 2010 04:50 AM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! Excellent graphic and stat!

Thanks for sharing,

Adam

May 27, 2010 04:59 AM
Lori Cofer
Beasley Realty - Moscow, ID
REALTOR, Moscow Idaho Real Estate

Thanks for the tip Denise.

 

Lori

May 27, 2010 10:36 AM