market statistics iowa city: Iowa City Homes: Weekly Market Snapshot April 26, 2011 - 04/26/11 12:52 PM
45 Homes sold in Iowa City in April to date. There are 168 homes pending or contingent. Pending or contingent means homes that have accepted offers and may still have contingencies on them to fulfill before they close. There are currently 582 homes in Iowa City showing as active listings. The trend is still favored towards buyers with an Absorption Rate of 9.4 months, that's an average of 283 days on market. On the up side, the number of homes sold and pending is on the rise. What we need to happen is for the number of active listings to decline. … (2 comments)

market statistics iowa city: Homes Sold & Average Price in Iowa City in March 2011 Compared to March 2010 - 04/18/11 10:15 AM
41 homes sold in Iowa City in March 2011 compared to 45 in March 2010. Last year the first time homebuyer tax credit pulled home sales forward and bumped up the numbers for the year. When you take that into account the number of homes sold this year looks really good. Altogether there is a lot of activity in the Iowa City real estate market at the moment. I'll be watching to see how the housing market shapes up in Iowa City in the coming months so check back for updates, or better yet Subscribe to my blog for email updates.
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market statistics iowa city: Home Sales in Iowa City: Weekly Market Update March 21, 2011 - 03/21/11 03:49 PM
It was Spring Break last week and a quiet week when it came to home sales in Iowa City.  The number of homes under contract rose to 111. That's up from 101 last week and not bad for a quiet week!
We should expect lots of action in the coming weeks. This is the busiest time of the year when it comes to the number of buyers out looking for homes. That's due to a combination of events. The first is renters whose leases are up. They want to make sure they have somewhere to go and are not homeless in … (0 comments)

market statistics iowa city: Homes Sold & Average Price Iowa City: February 2011 Compared to February 2010 - 03/18/11 08:24 AM
21 homes sold in Iowa City in February 2011 compared to 30 in February 2010. The numbers are a little misleading I think. If you look at my weekly real estate market updates you'll know that the numbers of homes under contract is rising. A sure sign that there is a lot of activity in the Iowa City real estate market at the moment - They're just not translating into closed sales just yet. I'll be watching how the real estate market shapes up in Iowa City as we head into the Spring market. Check back for updates, or better yet … (0 comments)

market statistics iowa city: Iowa City Homes: Weekly Market Update March 14, 2011 - 03/14/11 05:22 PM
It's mid March and the real estate market in Iowa City is hopping. If you've been following my posts you'll know I've been saying for weeks now that things are picking up. 101 homes under contract. That's a number that will get your attention I think. We're into the triple digits - Definitely a good sign! We've had a market where buyers had a hard time making decisions, it looks like that's changing. All we need now is for this trend to continue through the hot selling months of the year. Check back, because I will be watching that like a … (2 comments)

market statistics iowa city: Iowa City Homes: Weekly Market Update February 21, 2011 - 02/21/11 01:35 PM
I'm out and about telling anyone who will listen that spring has sprung in the Iowa City Real Estate Market. (Even though you'd never know from the temperatures). I have numbers to back up my words again this week too as you can see from the graph below.
66 homes under contract - That's a good number for February and up from last week. 6 homes sold in Iowa City last week - 4 single family homes and 2 condos. It's February and I'm busier than I have ever been.  If this is any kind of sign of what's to … (4 comments)

market statistics iowa city: Iowa City Housing Trends: Home Sales in Iowa City December 2010 compared to December 2009 - 01/24/11 01:58 PM
After putting together several year over year market reports earlier in the month I figured it was time I drill it down some more and look at the numbers of homes sold in December in Iowa City. According to the Housing Trends Report released by the Iowa Association of Realtors this week home sales are up in Iowa for December. That's not the the case for Iowa City - Although they're not down either. 47 homes sold in December 2010 compared to 48 in December 2009. That's pretty even. There's a strange phenomena going on at the moment with single family … (3 comments)

market statistics iowa city: Iowa City Homes: Weekly Market Update December 13, 2010 - 12/13/10 06:37 AM
Weekly real estate market update Iowa City December 13, 2010 - Number of homes sold, homes under contract and active listings.
 

 
427 Active Listings29 Homes Under Contract5 Homes Sold week ending December 13, 2010 This is a snapshot of the Iowa City real estate market December 13, 2010. 3 single family homes and 2 condos sold last week. I hope you're duly impressed. I've gone all out on the graphics this week! Thought it was high time I kicked it up a notch and as you can tell from the numbers, it's not that busy so I have … (2 comments)

market statistics iowa city: Iowa City Homes: Homes Sold in November - 2006 through 2010 - 12/06/10 06:21 AM

Usually when I compile my data for my monthly market reports I compare the number of homes sold to the same month in the previous year. Real estate sales are seasonal so comparing with the same month in a different year is the most logical way to approach the topic. This month however that wasn't going to work. 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 huge impact on home sales in the Iowa City area. The number … (0 comments)

market statistics iowa city: Iowa City Homes: Weekly Market Update November 15, 2010 - Homes Sold, Homes Under Contract & Active Listings - 11/15/10 03:05 AM

 
468 Active Listings46 Homes Under Contract4 Homes Sold November 8 - November 13, 2010321 Douglass St - Sold Price $72,000 - 129 days on market1130 4th Ave - Sold Price $85,000 - 6 days on market558 West Side Dr - Sold Price - $124,500 - 120 days on market301 River St - Sold Price - $300, 000 - 10 days on market This is a snapshot of the Iowa City real estate market November 15, 2010. 3 single family homes and 1 condo sold last week. The absorption rate for Iowa City is 7 months. This is the time … (0 comments)

market statistics iowa city: Iowa City Homes: Weekly Market Update November 1, 2010 - Homes Sold, Homes Under Contract & Active Listings - 11/01/10 05:59 AM
Iowa City Homes: Weekly Real Estate Market Update November 1, 2010 - Homes Sold, Homes Under Contract & Active Listings
 

 
471 Active Listings42 Homes Under Contract8 Homes Sold October 25 - October 30, 2010
Highest number of days on market: 168 daysLowest number of days on market: 36 daysThis is a snapshot of the Iowa City real estate market November 1, 2010. 8 homes sold last week - 4 single family homes, 3 condos and 1 Zero lot. It hasn't been the busiest October and it looks like home sales are down a bit in Iowa City compared … (0 comments)

market statistics iowa city: Weekly Market Snapshot - Iowa City IA September 20, 2010 - 09/20/10 01:23 AM

520 Active Listings 41 Homes Under Contract 4 Homes Sold September 13 - September 18, 2010

Highest number of days on market: 90 days Lowest number of days on market:  28 days This is a snapshot of what's going on in the Iowa City real estate market at the moment. No big fluctuations - I don't know why the market isn't humming with interest rates in the low 4's. As I talked about in a recent post, the low interest rate should be as much as if not a bigger incentive than the tax credit. Free money is gone … (0 comments)

market statistics iowa city: Weekly Real Estate Market Update - Iowa City IA September 6, 2010 - 09/06/10 09:03 AM
Market Snapshot of current market conditions - Iowa City IA September 6, 2010

526 Active Listings36 Homes Under Contract9 Homes Sold August 30 - September 4, 2010
Highest number of days on market: 268 daysLowest number of days on market: 73 daysHome sales in Iowa City picked up a bit in August. If you check out the links to the monthly reports below you'll see what I mean. We still have the winning combination of lots more homes than buyers in the market place + historically low interest rates. In fact they're lower than ever - 4.25% for a 30 … (0 comments)

market statistics iowa city: Weekly Real Estate Market Update Iowa City August 30, 2010 - Number of Homes Sold, Average Price and Days on Market - 08/30/10 06:38 AM

 
 
557 Active Listings41 Homes Under Contract3 Homes Sold August 23 - August 28, 2010
 
Highest number of days on market: 114 daysLowest number of days on market: 41 daysThe Iowa City real estate market is continues to be pretty slow. We still have the winning combination of lots 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! As I've said before, beats me why the market isn't a total frenzy with such lucrative times for buyers. If you're … (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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