coralville ia real estate market: Coralville IA Real Estate Market Report January - June 2014 - 07/11/14 08:41 AM
With half the year behind us it's a good time to look at Market Trends in Coralville. The market is trending towards a sellers market, although it is not as active as the hot spring selling season.
Home sales are down 18% for the year so far. That's not surprising since there simply weren't enough homes available when buyers were out looking for houses and condos to close on by June 30. There is more inventory on the market now, but it's still slim pickings for buyers at the lower and mid range price points.
 

Your Coralville IA Real Estate … (0 comments)

coralville ia real estate market: Market Update Coralville IA October 2012 Compared to October 2011 - 11/14/12 11:15 AM
Today is one of those days when I show you just how local real estate is. My last update of the Iowa City real estate market showed that home sales were down in Iowa City by 30% in October. In Coralville, home sales in October are up by 70%. Of course a lot more homes sell in Iowa City with 70,000 residents than in neighbors Coralville with 20,000 residents, so the 70% looks more than it is. The point remains the same - Real estate is local! Here's a first look at some of the key talking points.
Home sales in Coralville IA - October 1 … (0 comments)

coralville ia real estate market: Coralville IA Real Estate Market Report January - September 2012 - 10/25/12 01:05 PM
How's the real estate market in Coralville doing? From my Snapshot of Home Sales in Coralville at the beginning of the month you know that home sales are up for the year.  Today I have a graph and some numbers to share with you to give you more to go on for the real estate market in Coralville .
The graph shows the number of homes sold and median price of homes sold in Coralville January through September 2012 compared to 2011. You'll notice that unlike Iowa City there are some strong high and low points when it comes to home prices in Coralville. I live in … (0 comments)

coralville ia real estate market: Coralville IA Real Estate: Market Snapshot January - September 2012 - 10/10/12 10:31 AM
Today I pulled data from the Iowa City MLS to see how home sales in Coralville are shaping up for the year. On Monday I shared data on how the Iowa City real estate market is doing. With 9 months to look back on there's plenty of information to show us how the real estate market in the Iowa City area is doing in 2012.
Home sales in Coralville - January 1 through September 30, 2012 Number of homes sold in Coralville so far this year is up 20% compared to 2011 Single family home sales are up by almost 40% - 142 … (0 comments)

coralville ia real estate market: Coralville IA Real Estate: Market Snapshot April 23, 2012 - 04/23/12 12:50 PM
The real estate market in Iowa City is heating up for spring, you know that already, I wrote about that last week. How about Coralville? If you follow my market reports you'll know that they don't move in tandem. Coralville is very different to Iowa City and had a harder time during the downturn. Fortunately Coralville also has a lot going for it, not only is it a real easy commute to Iowa City, there's also easy access to the Interstate. And yes, before you start wondering where I'm going with this, home sales are up in Coralville in April too. 22 homes sold in … (3 comments)

coralville ia real estate market: Coralville IA Real Estate Market Report February 2012 - 03/22/12 10:14 AM
18 homes sold in Coralville in February 2012 compared to 8 homes sold in February 2011. That's a pretty impressive increase in home sales for Coralville.
The absorption rate is at 8.4 months, that's an average of 254 days on market. (6 months absorption rate is a balanced market). Unsurprisingly that is up from last month. The number of active listings factors into how the absorption rate is calculated and with so many homes coming on the market as we head towards spring it makes total sense that the absorption rate is higher. That will change again once the prime selling season kicks in and … (1 comments)

coralville ia real estate market: Homes Sold in Coralville IA August 2011 Compared to August 2010 - 09/06/11 02:06 PM
Home Sales in Coralville were up in August by a very impressive 52%. According to data pulled from the Iowa City Area MLS this morning 38 homes sold in Coralville in August 2011 compared to 25 homes sold in August 2010. The biggest increase was with zero lots. Things are definitely picking up in the area in the 3rd quarter with home sales in both Iowa City and Coralville up in July and August. Keep an eye open from my weekly reports in September. The way things are progressing I expect to share more positive information on housing trends in the … (0 comments)

coralville ia real estate market: Homes Sold in Coralville IA July 2011 Compared to July 2010 - 08/18/11 12:47 PM
Real estate is local. I'm sure you've heard that before. I figure it's worth repeating today. I switched on the TV this morning to doom and gloom in the real estate market. Nationally the number of existing home sales in July dropped. Not in Iowa City it didn't. Or Coralville for that matter. The home sales for July are up in our area. Of course there's no better way to illustrate that than to furnish you with one of my famous market reports. I posted the real estate market reports for June and July for Iowa City last week. This week … (2 comments)

coralville ia real estate market: Homes Sold in Coralville IA May 2011 Compared to May 2010 - 06/28/11 08:49 AM
24 homes sold in Coralville in May 2011 compared to 40 in May 2010. After starting off the year well the last couple of months have shown a decline in home sales in Coralville. This is pretty much in line with economic sentiment as a whole, but is somewhat surprising to me as generally the real estate market in the greater Iowa City area is considered to be more stable. Low unemployment is one of the main factors that plays into that. Be that as it may, buyers are not out in great numbers this Spring in Coralville.  We'll just have … (0 comments)

coralville ia real estate market: Coralville IA Real Estate: Residential Sales 2010 Compared to 2009 - 01/06/11 08:17 AM
Yesterday I looked at residential sales and the average price of homes sold in Iowa City in 2010 compared to 2009.  Today I'm looking at Coralville. Fascinating stuff. With an entire year's data to research I could spend all day every day pulling data from the Iowa City MLS to compare. Lucky I like doing this, although I have to admit with things picking up now in the New Year I'm a bit challenged to find the time to put together as many reports as I would like. I'll catch up though, so if you haven't already, then bookmark my blog … (0 comments)

coralville ia real estate market: Weekly Market Update Coralville August 23, 2010 - Number of Homes Sold, Average Price and Days on Market - 08/23/10 03:40 AM

 
231 Active Listings16 Homes Under Contract5 Homes Sold August 16 - August 21, 2010
Highest number of days on market: 179 daysLowest number of days on market: 36 days The Coralville real estate market is continues to be pretty slow. We still have the winning combination of more homes than buyers in the market place + historically low interest rates. In fact they're lower than ever - 4.25% for a 30 year fixed rate loan! Beats me why the market isn't a total frenzy with such lucrative times for buyers. I guess we just wait and see what Fall … (0 comments)

 
Denise Hamlin, Broker/Owner, Helping Happy Clients Make Smart Choices  (Cardinal Realty ~ 319-400-0268)

Denise Hamlin, Broker/Owner

Helping Happy Clients Make Smart Choices

Iowa City, IA

More about me…

Cardinal Realty ~ 319-400-0268

Address: Coralville, IA, 52241

Office: (319) 400-0268

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