From the National Association of Realtors, Cedar Rapids real estate sales are up 2.6% from 2005. The total number of single family unit sales is 3,153. The median price is $131,000, up 3.2% from last year. The average price of a single family unit in Cedar Rapids is $152,860, up 2.3% from last year.
Of the 3153 units sold here is the breakdown of how many days they were on the market:
1-30 days 1048
31-60 days 532
61-90 days 396
91-120 days 254
121 + days 810
So, the forecast this year is up from last year. Cedar Rapids, Iowa continues to be a strong and vital market to buy and sell homes.
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