Here is the stats for 2009 Market

Michael Hill (Global Alliance Online Real Estate) — Sun, 21 Feb 2010 14:14:13 -0800

Monthly and Quarterly Residential Sales and Price Statistics Year End 2009 Sales of 2,173 in 2009 compared to 2316 in 2008 Average Sales Price of $131,796 in 2009 compared to $127,619 in 2008 Median Sales Price of $114,900 in 2009 compared to $113,588 in 2008 DOM of 74 4th Quarter 2009 Sales of 572 in 4th Quarter 2009 compared to 494 in 2008 Average Sales Price of $135,011 in 2009 compared to $127,218 in 2008 Median Sales Price of $115,875 in 2009 compared to 110,825 in 2008 DOM of 78 December 2009 Sales of 153 in December 2009 compared to 136 in 2008 Average Sales Price of $147,674 compared to $117,906in 2008 Median Sales Price of $108,000 compared to $98,000 in 2008 DOM of 67 November 2009 Residential Sales Statistics New Listings 311 Number of Sales in 2009 was 199 compared to 133 in 2008 Median Sale Price in 2009 was $120,500 compared to $116,000 in 2008 Average Sale Price in 2009 was $132,377 compared to $133,597 in 2008 DOM in 2009 83 compared to 87 in 2008 October 2009 Residential Sales Statistics New listings 210 Number of Sales in 2009 was216 compared to 225 in 2008 Median Sale Price in 2009 was $115,500 compared to $109,000 in 2008 Average Sales Price in 2009 was $127,511 compared to $129,076 in 2008 DOM in 2009 67 compared to 88 in 2008

Cedar Falls Waterloo 2006 Market Report

Michael Hill (Global Alliance Online Real Estate) — Sun, 08 Apr 2007 02:51:38 -0700

January 10, 2007 Good morning from Cedar Falls, .. .. What an amazing run it has been for 2006. The residential real estate market in the Cedar Valley had another excellent year, with a new sales record in Cedar Falls and a strong year in Waterloo. The sales of detached single family homes as reported in the monthly Comparable Sales data of the Waterloo-Cedar Falls Board of REALTORS® Multiple Listing Service (MLS) reached its highest level ever in Cedar Falls with 516, up from 511 in 2005. Waterloo reported 959 sales in 2006, down 8.14% from 1,044 in 2005. .. .. The average sale price for Waterloo was $98,910.75, up 2.89% from 2005. In Cedar Falls the average sale price was $190,828.46, an increase of 5.25% over 2005. The increase in average sale price is a reflection of the continued growth of new construction in the Cedar Falls market. In 2006 there were 214 building permits issued by the city of Cedar Falls, versus 203 in 2005. However in 2005, only 38 of the 203 were condos or townhouses. In 2006, of the 214 permits, 81 were for condos or townhouses. .. .. The strong demand in Cedar Falls is being driven by families with school-age children and the recognition that property taxes in Cedar Falls are far less than in Waterloo. The base tax rate in Waterloo for the tax year 2005-06 is $43.91 per thousand dollars of taxable value. In Cedar Fall it is $35.60, a difference of $8.31 per thousand. That's 23.34%. On a home with an assessed value of $200,000, it amounts to $746.56 per year. . ... One of the statistics that is surprising is that in Waterloo, there were 38 homes that sold for over $200,000, while in Cedar Falls there were 192 over $200,000, that's five times more home in that range. Last year I forecast an increase in average sale price of 4% to 8% and a slight decrease in overall sales. For 2007, I'm forecasting steady interest rates of 6% to 7½%, and a leveling out of average sale prices, I expect to see building down just slightly, but the continued development of residential lots in Cedar Falls. Please note the following figures were complied by our Brokage Company. These figures are data using a average and not a median number. Townhomes, condo’s were not entered to draw these numbers. This is single family homes in both communities only. Mike Hill

Moving Forward 2009

Here is the stats for 2009 Market

Cedar Falls Waterloo 2006 Market Report