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

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

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

Weekly real estate market update Coralville 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

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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