Weekly Market Update Iowa City April 5: Homes Sold, Under Contract & Active Listings

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

Weekly real estate market update for Iowa City. Includes homes sold, homes under contract and active listings April 5, 2010.

Weekly real estate market update Iowa City April 5, 2010

 

631 Active Listings
169 Homes Under Contract
25 Homes Sold March 29 - April 3
8.5 Months Absorption Rate (Number of months it takes the market to "absorb" homes).


The homes under contract continue to rise and there was also a jump in the number of homes sold last week. The market is hopping and that's likely to continue through April as buyers rush to take advantage of the homebuyer tax credit before the deadline of April 30 for an accepted offer.


Last week's real estate market update for Iowa City


How the absorption rate is calculated


Real Estate Market Report for Iowa City March 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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