North Liberty IA Real Estate: Homes Sold March and April 2012

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

Spring and early summer is always the busiest time of the year in the Iowa City area real estate market and this year is no exception. In fact this spring is the busiest I've seen since getting into real estate 6 years ago.  In all this activity my blogging has taken a back seat and after skipping a couple of  market reports last month I figured I'd make up for it this month by looking at home sales in both March and April. I'll start with the North Liberty real estate market.

April was a really  good month for home sales in North Liberty with 44 homes sold in April 2012 compared to 36 homes sold in April 2011. In fact the trend in the housing market in North Liberty is looking great with home sales up in both March and April. The absorption rate is looking good too - 4.5 months / 137 days on market means that we're working through the high inventory of homes on the market and trending towards a sellers market. Check out the zero lot sales in the chart below. They fell out of favor for a while and they're back in style now!

Homes sold in North Liberty IA April 2012 compared to April 2011


Home sales in North Liberty in March were also on the rise compared to March 2011. 30 Homes sold in March 2012 compared to 22 in March 2011. 

 Homes sold in North Liberty IA March 2012 compared to March 2011


The news is good this month for both home buyers and home sellers. Home buyers continue to profit from great interest rates and low prices. Home sellers on the other hand can be optimistic that if their house is in good shape, shows well and is priced right there's a good chance it won't be on the market for long!

Whether you’re buying or selling a home in North Liberty I’d love to hear from you… When you’re ready to make your move give me a call at 319-400-0268. 


Source for data: Iowa City MLS May 7, 2012


Original post @ 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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