Weekly Market Update Coralville 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 Coralville, Iowa, July 5, 2010: Includes homes sold, homes under contract and active listings.

 

weekly real estate market update coralville july 5, 2010

 

 

265 Active Listings
29 Homes Under Contract
16 Homes Sold June 28 - July 3, 2010


An average of 289 days on market = 9.5 Months Absorption Rate (Number of months it takes for the market to "absorb" homes). The number of days on market is edging it's way downwards again this week. Slow and steady the market continues to improve. We're not out of the woods yet though, we still have a buyers market.

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


For sellers it's a different story.
We have a price driven market. It's important you have the facts about your neighborhood before you put your home on the market. Pricing it right will give you the edge on the competition and mean the difference between your home getting sold or languishing on the market.


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 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 Coralville

Coralville real estate market report May 2010


Coralville 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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