Iowa City real estate market update June 7, 2010: Homes sold, homes under contract and active listings.
622 Active Listings
163 Homes Under Contract
42 Homes Sold May 31 - June 5, 2010
An average of 243 days on market = 8.0 Months Absorption Rate (Number of months it takes the market to "absorb" homes). This number continues to improve slowly week by week as the number of homes sold rises during the peak selling time of the year.
How the absorption rate is calculated
Last week's real estate market update for Iowa City
Iowa City Real Estate Market Report April 2010
Iowa City Real Estate Market Report 1st Quarter: January - March 2010
originally posted at ichomesforsale.com
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