Weekly real estate market update Iowa City June 14, 2010. Includes homes sold, homes under contract and active listings.
617 Active Listings
155 Homes Under Contract
17 Homes Sold June 7 - June 12, 2010
An average of 243 days on market = 8.0 Months Absorption Rate (Number of months it takes the market to "absorb" homes). No change in the absorption rate this week compared to last week. We will probably see a difference in the coming weeks as we head towards the end of the month and the deadline for closing on home to qualify for the tax credit.
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 @ ichomesforsale.com
Comments(0)