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Weekly Real Estate Market Update - North Liberty IA September 6, 2010

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

Weekly snapshot of current market conditions - North Liberty IA September 6, 2010

market snapshot north liberty ia september 6, 2010

 

201 Active Listings
24 Homes Under Contract
8 Homes Sold August 30 - September 6, 2010


Average Price Homes Sold w/e September 4, 2010 $204,640
Highest Price Home Sold: $345,181
Lowest Price Home Sold: $100,000


Highest number of days on market: 198 days
Lowest number of days on market: 14 days


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.



Last week's market update for North Liberty


North Liberty IA real estate market report August 2010

North Liberty IA real estate market report July 2010

North Liberty IA real estate market report 2nd Quarter: April - June 2010

 

Originally posted @ ichomesforsale.com

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

 

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