A Closer Look at Home Sales in North Liberty IA January - December 2011

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

The breakdown of homes sold in North Liberty in 2011 is very different to either Iowa City or Coralville. If you're getting your information from the national media you may want to take note of that. Considering how close North Liberty is to Coralville and Iowa City you'd expect more similarities, but they are truly all very different real estate markets. Looking at the bigger picture, the housing market is trending in the right direction in the greater Iowa City area. If you're buying or selling a home in the area though you'll need to drill it down a whole lot from there. That's why I started these posts giving a breakdown of what is selling. Future posts will look at where houses are selling. For that I'll be looking at school district, since often the school district a house is in will have an impact on desireability and ultimately on price.

So now back to breaking down home sales in North Liberty in 2011. Single family home sales in North Liberty were up by a little more than 13% in 2011 while zero lot sales are down by 21%. Condo sales are also down by just over 3%. What's interesting to note is that zero lot sales in Coralville were up by 46% in 2011. I find it fascinating how buyer preferences change from year to year. Now if I could just figure out why that is I'm sure I could make a fortune!

Single Family Homes, Zero Lots and Condos sold in North Liberty IA January through December 2011

Source for data for this market report came from the Iowa City MLS January 9, 2011

Originally posted at Iowa City Homes For Sale

Posted by

Denise Hamlin, Realtor®


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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