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Homes Sold in Coralville IA May 2011 Compared to May 2010
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 to wait and see how things pan out in the next couple of months. June and July are the busiest months for closings in Coralville and contingent and pending sales are on the rise. By the end of the summer we'll have a much clearer picture of how the housing market in Coralville is really doing.Whether you're buying or selling a home in Coralville, knowing what's going on in the market is critical information to have. It will help you decide how best to position yourself if you're selling a home and help you decide on where you need to ... more
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