Weekly Market Update Coralville May 31, 2010

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

Weekly real estate market update Coralville,Iowa May 31: Homes sold, homes under contract and active listings.

weekly real estate market update coralville iowa may 31, 2010

 

266 Active Listings
84 Homes Under Contract
10 Homes Sold May 24 - May 29

An average of 295 days on market = 9.7 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). Slowly but surely the absorption rate is improving in Coralville. A few weeks ago we had 11 months of inventory, now we're at 9.7 months. Slow and steady progress in the right direction!



How the absorption rate is calculated


Last week's real estate market update for Coralville


Coralville real estate market report April 2010


Coralville real estate market report 1st Quarter: January - March 2010

 

Originally posted at ichomesforsale.com

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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