202 Active Listings
28 Homes Under Contract
3 Homes Sold August 23 - August 28, 2010
| 1 Zero Lot sold | Price: $179,900 |
| 2 Condos sold | Avg Price: $139,250 |
The North Liberty real estate market remains stronger than Iowa City and Coralville. The absorption rate is at 4.7 months. (This is the time it takes for the market to "absorb" homes). That's an average or 144 days on market.
The fact that we have a price driven market means that there are still great opportunities if you are buying a home in North Liberty. Couple that with the extremely low interest rates - 4.25% for a 30 year fixed rate loan - it's really hard to imagine a better combination of factors when it comes to buying a home in North Liberty.
For sellers of course it's not quite as rosy. The price driven market means you probably won't make as much as you would like on the sale of your home. On the up side, the turnover rate for homes is better in North Liberty and it is likely that your home will spend less time on the market than in Iowa City or Coralville.
If you need to sell your home and would like me to prepare a CMA (Current Market Analysis) please call me anytime at 319-400-0268 or click here to send me your contact details. (Depending on the location of course, location is always king). Bear in mind too that buyers are looking for deals. Pricing it right is one part of the equation. Equally important is that it's in pristine condition. Pricing your home right + seeing to it that it's the shiny penny on the block will put you well on the way to selling your home quickly.
Are you ready to buy a home in North Liberty IA? Do you have a real estate related question or a question about the area for me? Just send me an email letting me know how I can help.
North Liberty real estate market report July 2010
North Liberty real estate market report 2nd Quarter: April - June 2010
Originally posted @ ichomesforsale.com
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