Coralville Real Estate Market Report 2nd Qtr 2010

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

Coralville Real Estate Market Report 2nd Quarter / April - June  2010 compared to April - June 2009

 

Coralville real estate market report 2nd qtr 2010



156 homes sold in the 2nd quarter 2010 compared to 114 homes sold in the 2nd quarter 2009. That's an increase of almost 37%. Just like my market report for Iowa City  what jumps out is the number of condos sold. 42 condos sold in Coralville in the 2nd qtr this year compared to 25 in the same time period in 2009. That's a 92% increase! Even better than Iowa City where condo sales rose by 62% compared to last year. I'm going to be really interested to see what happens when I pull the North Liberty numbers later... Watch out for my next blog post for that.

Average Price Homes Sold 2nd Qtr 2010: $214,238
Highest Price Home Sold: $740,000
Lowest Price Home Sold: $60,500


Average Price Homes Sold 2nd Qtr 2009: $230,105
Highest Price Home Sold: $757,083
Lowest Price Home Sold: $38,500


I don't use the days on market calculated by the MLS. 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 9 months of inventory on the market, that's 272 days on market. I should add that this calculation does not take into account the different types of homes, location or different price ranges, so it's not a huge help to you if you're selling your home. 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.


If you need to sell your home in Coralville 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.


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.


Coralville Real Estate Market Report June 2010

Iowa City Real Estate Market Report June 2010

Iowa City Real Estate Market Report 2nd Qtr 2010

 

Originally posted @ ichomesforsale.com/real-estate-market-reports

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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