Real Estate Market Update: Homes Sold in Coralville February 2010
It's the beginning of the month and time for a first look at home sales for February in Coralville Iowa.
The number of homes sold in Coralville was up in February compared to last year. 11 homes sold in February 2010 in comparison to 10 in February 2009. This is great news, especially since home sales were down in February in both Iowa City and North Liberty. If you follow my real estate market reports you'll know that Coralville hasn't been doing as well with the first time homebuyer as Iowa City or North Liberty. Coralville does well with the move-up buyer and I guess last month was a case in point.
The median price of homes sold in February was $214,900 compared to $185,500 last year. With an average of 88 days on market compared to 120 days on market last year.
The expanded homebuyer tax credit for repeat buyers continues to bring out buyers so the coming months should be interesting in Coralville and the greater Iowa City area.
Buying or selling a home in Coralville, we have an interesting market right now. I'm all for getting information out there... Why not subscribe to my blog below? It's an easy way to get regular market updates for Coralville and the greater Iowa City area.
In the meantime here's a link to my weekly market update for this week.
The more you know before you buy or sell a home, the better shape you'll be in when it comes to either listing a home for sale or making an offer on a home that's currently on the market. Questions? Just give me a call at 319-400-0268.
Iowa City Real Estate Market Report February 2010
North Liberty Real Estate Market Report February 2010