Weekly Market Update Iowa City July 5, 2010: Homes Sold, Homes Under Contract & Active Listings

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

Weekly real estate market update Iowa City July 5. Includes homes sold, homes under contract and active listings.

weekly real estate market update iowa city july 5, 2010

 

 

614 Active Listings
59 Homes Under Contract
50 Homes Sold June 28 - July 3, 2010


An average of 241 days on market = 7.9 Months Absorption Rate (Number of months it takes the market to "absorb" homes). This number is staying pretty steady at the moment. In other words we still have a buyers market. 

More homes than buyers in the market place + historically low interest rates = Opportunities for Buyers. 



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


If you need to sell your home and would like some advice on how to sell it 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.



How the absorption rate is calculated

Last week's real estate market update for Iowa City


Iowa City Real Estate Market Report May 2010

Iowa City Real Estate Market Report 1st Quarter: January - March 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

 

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