Weekly real estate market update Coralville. Includes homes sold, homes under contract and active listings April 5, 2010.
296 Active Listings
53 Under Contract
12 Homes Sold March 29 - April 3
11 Months Absorption Rate (Number of months it takes for the market to "absorb" homes)
In a price driven market Coralville is not doing as well as North Liberty and Iowa City. This is a surprise to me as I live in Coralville and find it an extremely convenient place to live sandwiched between Iowa City and North Liberty. The commute to Iowa City is a breeze with less than a 10 minute drive to downtown Iowa City and a straight shot to the UI Hospitals & Dental Schools. I guess price trumps convenience at the moment. I wonder if that will change sometime soon. Watch this space... You'll be the first to know when it does!
Last week's real estate market update for Coralville
How the absorption rate is calculated
Coralville real estate market report March 2010