Coralville Real Estate Market Report 1st Qtr 2010

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

Coralville Real Estate Market Report 1st Quarter - January - March 2010 compared to January - March 2009

 

Coralville real estate market report 1st Qtr 2010



There were 30 homes sold in the first quarter 2010 compared to 31 homes sold in the first quarter 2009.


Average Price Homes Sold 1st Qtr 2010: $242,813
Highest Price Home Sold: $699,000
Lowest Price Home Sold: $69,000


Average Price Homes Sold 1st Qtr 2009: $232,783
Highest Price Home Sold: $465,000
Lowest Price Home Sold: $85,000




According to our MLS homes spent 113 days on market compared to 127 days last year. This number is skewed as it doesn't take into account the fact that some of the homes were re-listed and not new listings. In my weekly reports I use a different method to calculate the absorption rate/days on market and although that is more accurate, it doesn't take into account the different types of homes or different price ranges. Both of those factors would play a role when it comes to selling a home. In other words, as reassuring as it is to see data that shows that the market is holding up, when it comes to selling your home you need much more specific data about your house and your neighborhood.

 

If you're interested in selling your home for the best price in the shortest time please call me anytime at 319-400-0268 or click here to send me an email with your contact info.


For a complete list of homes for sale in Coralville
please call or click here to request an update.


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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coralville real estate market report 1st qtr 2010

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Rainmaker
45,810
Lori Cofer
Beasley Realty - Moscow, ID
REALTOR, Moscow Idaho Real Estate

Denise,

 

What a nice chart!  You did a good job.  Thanks!

 

Lori

May 26, 2010 11:15 AM #1
Rainmaker
566,488
Denise Hamlin, Broker/Owner
Cardinal Realty ~ 319-400-0268 - Iowa City, IA
Helping Happy Clients Make Smart Choices

Thanks Lori ~ I think market data is pretty dry reading so try to pep it up with a nice visual.

Denise

May 26, 2010 12:39 PM #2
Rainmaker
45,810
Lori Cofer
Beasley Realty - Moscow, ID
REALTOR, Moscow Idaho Real Estate

I absolutely agree.  It's kinda of dry without the visual pop.

 

Lori

May 27, 2010 10:36 AM #3
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Rainmaker
566,488

Denise Hamlin, Broker/Owner

Helping Happy Clients Make Smart Choices
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