homes sold coralville ia: 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)

homes sold coralville ia: Homes Sold in Coralville - Market Update February 20, 2012 - 02/20/12 01:13 PM
It's good news all around today. Not only are home sales up in Iowa City again this month, they're also up in Coralville. This is especially good news in Coralville as home sales took a bit of a dip in January. I figured it was a glitch, it's good to see I was right.
11 homes sold in Coralville in February so far compared to 5 this time last year. 24 homes are listed as pending or contingent and 175 homes are currently showing as Active Listings on the Iowa City MLS.
As I said in my post earlier today, if you're on the fence about … (1 comments)

homes sold coralville ia: Housing Trends in Coralville IA: Homes Sold in January 2012 - 02/09/12 01:23 PM
7 homes sold in Coralville in January 2012 compared to 15 homes sold in January 2011. If that seems like a bit of a drastic drop, only 3 sold in January 2010, which kind of puts things more in perspective. In fact I went back a few years and the low single digits is more typical for the last few years, making 7 seem more "normal" for the time of year than the high 15 homes sold last year.
The absorption rate is at 7.2 months, that's an average of 217 days on market. (6 months absorption rate is a balanced market). Coralville is not doing … (0 comments)

homes sold coralville ia: Residential Home Sales in Coralville IA January through December 2011 - 01/09/12 02:31 PM
Home sales in Coralville were down slightly in 2011, as you'll know if you read this post a couple of days ago. Surprisingly it was single family homes that took the biggest hit, with single family home sales in Coralville down 20% compared to 2010. Fortunately zero lot sales were up by 46% or the overall numbers of homes sold in Coralville in 2011 wouldn't have come out nearly as well as they did.  This is definitely one of those times the phrase "real estate is local" springs to mind. Iowa City is just a stone's throw away and yet single family home sales were … (2 comments)

homes sold coralville ia: 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)

homes sold coralville ia: 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)

homes sold coralville ia: Homes Sold & Average Price - Coralville IA January 2011 Compared to January 2010 - 02/06/11 02:51 AM
14 homes sold in Coralville IA in January 2011 compared to 3 in January 2010. It won't surprise you to learn Coralville did better than Iowa City and North Liberty by a long way for home sales in January... 8 single family homes sold in January, 5 attached condos and 1 zero lot.  In both Coralville and Iowa City it seems condo sales are on the rise. That's good news as we head towards the strongest selling time of the year for condos.

The average price for a single family home in January 2011 was $267,056. That's up from last … (3 comments)

homes sold coralville ia: Coralville IA Housing Trends: Home Sales in Coralville December 2010 compared to December 2009 - 01/25/11 01:01 PM
The Iowa Association of Realtors released its Housing Trends Report for Iowa last week and home sales are up in Iowa for December. Curious soul as I am I needed to know how we're doing in the Iowa City area. At the beginning of the month I did a year over year report of homes sold in the area. Yesterday I looked at the December numbers for Iowa City. Today it's Coralville's turn. 11 homes sold in Coralville in December 2010 compared to 13 in 2009. Interestingly, just like Iowa City, more condos sold than single family homes. That surprises me … (1 comments)

homes sold coralville ia: 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)

homes sold coralville ia: Coralville IA Homes: Weekly Market Update December 13, 2010 - 12/13/10 08:59 AM
Weekly real estate market update Coralville IA December 13, 2010 - Number of homes sold, homes under contract and active listings.

 
 
188 Active Listings11 Homes Under Contract1 Home Sold week ending December 11, 2010 This is a snapshot of the Coralville IA real estate market December 13, 2010 ~ 1 Condo sold last week - 2325 Mulberry St - Sold Price: $165,000 - 133 days on market. The absorption rate for Coralville is 7.5 months - That's the time it takes for the market to "absorb" homes. The first step in calculating the absorption rate is to find … (0 comments)

homes sold coralville ia: Coralville IA Homes: Average Price of Homes Sold November - 2006 through 2010 - 12/08/10 10:43 AM
 

 
 
On Monday I looked at the number of homes sold in November in Coralville. I collected data from the Iowa City MLS showing the number of homes sold in November from 2006 through 2010. Today I thought I'd follow up with the average price in the last five years. The number of homes sold in November in Coralville was down, but on the up side the prices are up. The same goes for North Liberty. Oddly enough, in Iowa City it's the other way round.Coralville IA: Number of  Homes Sold in November: 2006 - 2010Iowa City Average … (0 comments)

homes sold coralville ia: Homes Coralville IA: Homes Sold in November - 2006 through 2010 - 12/06/10 07:18 AM

I was forced to deviate from my normal format this month when it came time to compile my market report for home sales in November. Real estate sales are seasonal so comparing with the same month in a different year is usually the most logical way to compare the number of homes sold. This month however comparing November 2010 to November 2009 was definitely not comparing apples with apples! Last year the first time homebuyer credit was due to expire on November 30. That had a big impact on home sales everywhere, not just Coralville. Not wanting to give you … (2 comments)

homes sold coralville ia: Coralville IA Homes: Weekly Market Update - Homes Sold - Homes Under Contract & Active Listings November 29, 2010 - 11/29/10 08:07 AM

199 Active Listings8 Homes Under Contract0 Homes Sold week ending November 27, 2010 This is a snapshot of the Coralville IA real estate market November 29, 2010. Thanksgiving week 3 homes sold in Iowa City and that was it, none sold in either Coralville or North Liberty. The absorption rate for Coralville is 8.0 months - That's the time it takes for the market to "absorb" homes. The first step in calculating the absorption rate is to find out how many homes sold in the past 12 months and how many are currently on the market. 300 homes sold in … (0 comments)

homes sold coralville ia: Coralville IA Homes: Weekly Market Update November 22, 2010 - Homes Sold, Homes Under Contract & Active Listings - 11/22/10 08:23 AM

 
202 Active Listings6 Homes Under Contract1 Home Sold week ending November 20, 2010 ~ Home Sold - 1513 Oak Lake Park Rd - List Price $264,900 - Sold Price $250,000 - 189 days on market ~This is a snapshot of the Coralville IA real estate market November 22, 2010. 1 single family home sold last week in Coralville. The absorption rate for Coralville is 8.0 months - That's the time it takes for the market to "absorb" homes.The first step in calculating the absorption rate is to find out how many homes sold in the past 12 months and how … (0 comments)

homes sold coralville ia: Coralville IA Homes: Weekly Market Update November 8, 2010 - Homes Sold, Homes Under Contract & Active Listings - 11/08/10 06:10 AM

 
205 Active Listings10 Homes Under Contract3 Homes Sold week ending November 6, 2010 2325 12th St, Coralville - List price $139,900 - Sold Price $137,000 - 13 days on market 1505 10th St, Coralville - List price $149,900 - Sold Price $146,900 - 94 days on market 2488 Belmont Dr, Coralville - List price $319,900 - Sold Price $310,000 - 145 days on market This is a snapshot of the Coralville IA real estate market November 8, 2010. 1 zero lot and 2 single family homes sold last week in Coralville. The absorption rate for Coralville is 8.0 months. … (0 comments)

homes sold coralville ia: Coralville IA Real Estate: Market Statistics October 2010 Compared to October 2009 - 11/04/10 05:43 AM
Coralville IA Real Estate: Market Statistics October 2010 Compared to October 2009

13 homes sold in Coralville in October 2010 compared to 18 homes sold in October 2009. Not very encouraging numbers considering home sales in Coralville were up last month. We have a very choppy market at the moment, making it difficult to analyze short term data. One thing remains constant though - It continues to be a great market for buyers!
Highest number of days on market: 205 daysLowest number of days on market: 5 days The source for the data used in all my market reports … (0 comments)

homes sold coralville ia: Coralville IA Homes: Weekly Market Update November 1, 2010 - Homes Sold, Homes Under Contract & Active Listings - 11/01/10 06:09 AM
Coralville IA Homes: Weekly Real Estate Market Update November 1, 2010 - Homes Sold, Homes Under Contract & Active Listings
 

 
205 Active Listings14 Homes Under Contract4 Homes Sold week ending October 30, 2010
Highest number of days on market: 250 daysLowest number of days on market: 88 days This is a snapshot of the Coralville IA real estate market November 1, 2010. 2 single family homes and 2 apartment style condos sold last week. The absorption rate for Coralville is 7.9 months. That's the time it takes for the market to "absorb" homes. In case you're wondering … (0 comments)

homes sold coralville ia: Coralville IA Homes: Weekly Market Update October 25, 2010 - Homes Sold, Homes Under Contract & Active Listings - 10/25/10 06:10 AM

 
209 Active Listings17 Homes Under Contract2 Homes Sold week ending October 23, 2010 225E Dovetail Dr, Coralville - List price $334,200 - Sold price - $315,000 - 142 days on market3241 Kelsey Ln, Coralville - List price $285,900 - Sold price - $283,000 - 141 days on marketThis is a snapshot of the Coralville IA real estate market October 25, 2010. 2 single family homes sold last week, both in in the +$250,000 range. The absorption rate for Coralville is 8.1 months. That's the time it takes for the market to "absorb" homes. In case you're wondering how I … (0 comments)

homes sold coralville ia: Coralville IA Homes: Weekly Market Update October 18, 2010 - Homes Sold, Homes Under Contract & Active Listings - 10/18/10 06:10 AM
Coralville IA Homes: Weekly Market Update October 18, 2010 - Homes Sold, Homes Under Contract & Active Listings
 

 
211 Active Listings12 Homes Under Contract3 Home Sold week ending October 16, 2010
Highest number of days on market: 144 daysLowest number of days on market: 59 daysThis is a snapshot of what's going on in the Coralville IA real estate market at the moment. There continues to be big opportunities for buyers. Interest rates are still incredibly low at 4.125% - 4.25% for a 30 year fixed rate loan. (The link is to Hills Bank, where they publish … (0 comments)

homes sold coralville ia: Iowa City Real Estate - Number of Homes Sold January - September 2010 Compared to 2009 - Iowa City, Coralville & North Liberty IA - 10/14/10 08:02 AM
Number of Homes Sold January - September 2010 Compared to 2009 - Iowa City, Coralville & North Liberty IA
It's mid-October and after the less than inspiring 3rd quarter market reports I posted last week I decided to take a look at the year as a whole and see how we are shaping up. The question is: Were the analysts right? Did the home buyer tax credit pull sales forward and otherwise have very little impact on the market? Looking at the numbers it certainly looks like it. Home sales in the Iowa City area were up big time in the … (0 comments)

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

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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