housing trends north liberty ia: North Liberty IA Real Estate: Homes Sold March and April 2012 - 05/16/12 10:52 AM
Spring and early summer is always the busiest time of the year in the Iowa City area real estate market and this year is no exception. In fact this spring is the busiest I've seen since getting into real estate 6 years ago.  In all this activity my blogging has taken a back seat and after skipping a couple of  market reports last month I figured I'd make up for it this month by looking at home sales in both March and April. I'll start with the North Liberty real estate market.
April was a really  good month for home sales … (0 comments)

housing trends north liberty ia: A Closer Look at Home Sales in North Liberty IA January - December 2011 - 01/10/12 02:54 PM
The breakdown of homes sold in North Liberty in 2011 is very different to either Iowa City or Coralville. If you're getting your information from the national media you may want to take note of that. Considering how close North Liberty is to Coralville and Iowa City you'd expect more similarities, but they are truly all very different real estate markets. Looking at the bigger picture, the housing market is trending in the right direction in the greater Iowa City area. If you're buying or selling a home in the area though you'll need to drill it down a whole lot from there. That's … (0 comments)

housing trends north liberty ia: North Liberty IA Real Estate: Homes Sold in North Liberty 2011 Compared to 2010 - 01/05/12 01:12 PM
Now that we have a full year of data to look at I'm having a fun time putting together market reports for the areas I know best. After looking at Iowa City and Coralville yesterday it's North Liberty's turn today. North Liberty is actually a lot more work to put together since on the MLS it is classified as the NW Quadrant, which includes a couple of smaller markets. I had to extract homes sold in those areas to get the number of homes that sold in North Liberty. On the up side, if you live in Tiffin and are interested in what's happening in … (0 comments)

housing trends north liberty ia: Housing Trends in North Liberty IA: 2nd & 3rd Quarter 2011 - 10/21/11 12:11 PM
North Liberty IA Real Estate Market: Home Sales in the 2nd and 3rd Quarter 2011
Keeping on top of market reports is turning out to be a challenge in the summer months when I'm busy. I'm doubling up with my quarterly reports and giving you two for one this time round by looking at 2nd and 3rd quarter home sales. Last week I covered Iowa City and Coralville. This week it's North Liberty's turn.
170 homes sold in North Liberty in the 2nd quarter 2011 compared to 238 homes sold in the 2nd Quarter 2010  -  That's a 28% decrease in home sales compared to … (0 comments)

housing trends north liberty ia: Homes Sold in North Liberty IA April 2011 Compared to April 2010 - 05/30/11 07:34 PM
35 homes sold in North Liberty in April 2011 compared to 56 in April 2010. Bear in mind the first time homebuyer credit was around last year and that skews the comparison. There are 116 homes listed as pending or contingent. Homes showing as pending or contingent have accepted offers that still have contingencies on them to fulfill before they close. 292 homes in North Liberty are currently showing as active listings on the Iowa City MLS.

Homes spend less time on the market in North Liberty than Iowa City or Coralville with an absorption rate of 7.2 months, that's … (3 comments)

housing trends north liberty ia: Home Sales & Average Prices: North Liberty IA February 2011 Compared to February 2010 - 03/25/11 07:21 AM
27 homes sold in North Liberty IA in February 2011 compared to 15 in February 2010. That's an 80% rise in home sales for the month of February. It seems North Liberty is back after a few dodgy months since the tax credit expired last year. Spring is bringing out the buyers in North Liberty and they don't need a tax credit as incentive to buy a home. They're out buying just because owning your own home is a fine thing to do. Of course there is the fact that interest rates are still incredibly low - Below 5%. And with … (0 comments)

housing trends north liberty ia: North Liberty IA Real Estate: Residential Sales 2010 Compared to 2009 - 01/06/11 08:40 AM
After looking at Iowa City and Coralville it's time to look at home sales in North Liberty in 2010. With a whole year's worth of data to research I could spend all my time pulling data from the Iowa City MLS to compare! This post shows a year over year comparison of residential sales and average price of homes sold in North Liberty IA in 2010 compared to 2009.

471 homes sold in North Liberty IA from January to December 2010 compared to 545 homes sold in the same time frame in 2009. The North Liberty real estate market … (0 comments)

housing trends north liberty ia: North Liberty IA Homes: Homes Sold November - 2006 through 2010 - 12/06/10 10:02 AM

My monthly report for November is taking on a different format this month. 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 in our area in general, not just North Liberty. Not wanting to give you totally skewed numbers I figured the best … (0 comments)

housing trends north liberty ia: North Liberty IA Homes: Weekly Market Update - Homes Sold - Homes Under Contract & Active Listings - 11/29/10 08:15 AM

193 Active Listings24 Homes Under Contract0 Homes Sold week ending November 27, 2010This is a snapshot of the North Liberty 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 North Liberty is 5.0 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. 458 homes sold in the last … (0 comments)

housing trends north liberty ia: North Liberty IA Real Estate: Market Statistics October 2010 Compared to October 2009 - 11/04/10 04:01 PM
North Liberty IA Real Estate: Market Statistics October 2010 Compared to October 2009

21 homes sold in North Liberty in October 2010 compared to 35 homes sold in October 2009. The expiration of the homebuyer tax credit has certainly had a negative impact on the North Liberty real estate market. Fortunately North Liberty has done very well in the last couple of years as one of the fastest growing towns in Iowa, so there's no reason to think it won't bounce back fairly quickly. Especially considering the low interest rates and "winter prices" on houses right now.
 
Highest … (2 comments)

housing trends north liberty ia: North Liberty IA Homes: Weekly Market Update November 1, 2010 - Homes Sold, Homes Under Contract & Active Listings - 11/01/10 06:32 AM
North Liberty IA Homes: Weekly Real Estate Market Update November 1, 2010 - Homes Sold, Homes Under Contract & Active Listings

 
191 Active Listings23 Homes Under Contract2 Homes Sold October 25 - October 30, 2010327 Parkview Ct, North Liberty - Sold Price: $129,000 - 78 days on market248 Fox Run Dr, North Liberty - Sold Price: $248,000 - 81 days on market This is a snapshot of the North Liberty IA real estate market, November 1, 2010. 1 single family home and one zero lot sold in North Liberty last week. The absorption rate for North Liberty is 4.7 … (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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