North Liberty IA Real Estate: Market Statistics October 2010 Compared to October 2009
21 homes sold in North Liberty in October 2010 compared to 35 homes sold in October 2009. The expiration of the homebuyer tax credit has certainly had a negative impact on the North Liberty real estate market. Fortunately North Liberty has done very well in the last couple of years as one of the fastest growing towns in Iowa, so there's no reason to think it won't bounce back fairly quickly. Especially considering the low interest rates and "winter prices" on houses right now.
| Average Price Homes Sold October 2010 | $232,311 |
| Highest Price Home Sold: | $525,000 |
| Lowest Price Home Sold: | $ 73,900 |
Highest number of days on market: 302 days
Lowest number of days on market: 10 days
| Average Price Homes Sold October 2009 | $145,542 |
| Highest Price Home Sold: | $273,000 |
| Lowest Price Home Sold: | $ 69,000 |
Highest number of days on market 179 days
Lowest number of days on market 20 days
The source for the data used in all my market reports is from the Iowa City MLS. For the days on market/absorption rate I take numbers from the MLS and insert them into a simple Excel spread sheet to avoid manipulating the data. According to that calculation we have 5.2 months of inventory on the market, that's 157 days on market.
If you need to sell your home and would like me to prepare a CMA (Current Market Analysis) with information of homes sold in your neighborhood please call me anytime at 319-400-0268 or click here to send me your contact details.
Are you ready to buy a home in North Liberty? Do you have a real estate related question or a question about the area for me? Just send me an email letting me know how I can help.
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North Liberty IA real estate market September 2010
North Liberty IA real estate market report August 2010
North Liberty IA real estate market report July 2010
originally posted @ ichomesforsale.com
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