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A Closer Look at Home Sales in Coralville January - September 2014
Home Sales in Coralville January - September 2014 Home Sales in Coralville are down slightly for the year and up for the last quarter, with a surge in September when almost twice as many homes sold in Coralville as last year.
The chart shows home sales in Coralville from January through September. It includes what I'm calling the "market movers" - Single Family Homes, Condos and Zero Lots. These are the styles / types of homes that make up the bulk of the residential home sales in Coralville. A quick glance will tell you right away that both single family homes and zero lots were and still are in short supply for the many buyers out and about looking for homes this year. 
All the indicators show that Coralville is trending towards a sellers market. There are just 87 listings showing as active on the Iowa City MLS - That translates into about 3 months of inventory. 28% of the homes listed are under contract. That's also a good number considering this is fall and not typically the peak selling time of the year in Coralville. 
Single Family Homes, Condos & Zero Lot Sales in Coralville 

 
What does this data mean to buyers ... more

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