Weekly Real Estate Market Update Coralville March 15, 2010: Homes Sold, Under Contract & Active Listings

By
Real Estate Broker/Owner with Cardinal Realty ~ 319-400-0268

weekly real estate market update Coralville March 15, 2010

 

 

 

245 Active Listings
43 Under Contract
1 Home Sold March 8 - March 13
9.6 Months Absorption Rate (Number of months it takes for the market to "absorb" homes)



Right now the absorption rate in Coralville is not looking good with a high 9.6 months of inventory on the market. Hopefully that changes in the coming months as buyers race to meet the deadline of the homebuyer tax credit. On the up side, the number of homes under contract is on the rise and when they close that will impact the absorption rate.



Last week's real estate market update for Coralville

Coralville real estate market report February 2010

Posted by

Denise Hamlin, Realtor®

Broker/Owner

CARDINAL Realty, Coralville IA 

Licensed to Sell Real Estate in the State of Iowa

 

Helping Happy Clients Make Smart Choices 

Iowa City Area Real Estate Services

 

Please remember that opinions expressed in my blog are just that - opinions - not fact
For legal or accounting advice please consult with a professional
Although the information provided is deemed reliable, it's not guaranteed

 

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