North Liberty IA Real Estate Market Report August 2012

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

Home Sales in North Liberty jumped right back up again in August after that slight glitch in Home Sales in July57 homes sold in August compared to 34 in August 2011. That's an impressive 67% increase in home sales in North Liberty compared to last year!

And just in case you're looking for more proof that the North Liberty real estate market is hot at the moment, the absorption rate  is down at a very low 3.4 months, that's an average of 102 days on market. That's very good news for sellers as more buyer activity and less homes on the market typically leads to higher prices.

homes sold in North Liberty IA August 2012

Original Post at Iowa City Homes For Sale - View additional information on the average and median price of homes in North Liberty IA.

When you click through the link above and view the table you'll see that the good news continues with home prices up for single family homes, condos and zero lots in North Liberty in August, which isn't at all surprising considering how low the inventory of homes on the market is in North Liberty at the moment.

Altogether the trend in the housing market in North Liberty is looking good. Home Sales in North Liberty from January through August are up by 22%. Fall is just around the corner, and we'll have to wait and see if this trend continues at the same strong pace throughout the winter months.

Want to talk through your options and figure out whether now is a good time for you to buy a home or list your home in North Liberty?  Give me a call at 319-400-0268 or drop me an email. My approach is very straightforward. I'll help you figure out a strategy on how to get from A to B with the minimum amount of fuss. 

Data for this market report pulled from the Iowa City MLS September 4, 2012

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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Rainmaker
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Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
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Denise-It sure is good to see activity increasing. Your market reports are very well done

Sep 06, 2012 08:50 AM #1
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Denise Hamlin, Broker/Owner

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