Coralville Real Estate Market Report May 2010

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

Real estate market report for Coralville, Iowa, May 2010 compared to May 2009. Number of homes sold, average price and days on market.

real estate market report coralville iowa May 2010

 

39 homes sold in Coralville in May 2010 compared to 28 homes sold in May 2009. That's a 39% increase.


Average Price Homes Sold May 2010 $205,595
Highest Price Home Sold: $485,000
Lowest Price Home Sold: $72,000




Average Price Homes Sold May 2009 $212,157
Highest Price Home Sold: $665,000
Lowest Price Home Sold: $97,900



According to our MLS homes spent an average of 90 days on market in May 2010. 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 along with other variables. In my weekly updates I use a simple method to calculate the absorption rate/days on market that doesn't manipulate the data. According to that calculation we have about 9 months of inventory on the market - a huge variance to the MLS calculated number! Neither of the calculations take into account the different types of homes or different price ranges, so should be taken with a pinch of salt. If you're selling a home both of those factors would need to be looked at as they play into how many days on market you can expect when you list your home for sale.


For a complete list of homes for sale in Coralville
just send me an email letting me know what you're looking for and I'll send you a list of homes in Coralville meeting your criteria.

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 your contact details.



Iowa City Real Estate Market Report May 2010

North Liberty Real Estate Market Report May 2010

 

originally posted @ 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

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Iowa Johnson County Coralville
Groups:
Posts to Localism
Tags:
homes sold coralville
real estate market coralville
days on market coralville
average price coralville

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
566,488

Denise Hamlin, Broker/Owner

Helping Happy Clients Make Smart Choices
Got Questions? Just Ask!
*
*
*
*
Spam prevention

Additional Information