The latest on the Council Bluffs area market...

By
Real Estate Broker/Owner with NP Dodge Real Estate


Iowa MLS Areas Combined*

Property types: All Residential Property Types - Resale & New Construction

Price Range: 0 - No Limit

Number of homes for Sale vs. Sold vs. Pended

Homes Closed in Sep. 2008: 95

Homes Placed under Contract in Sep. 2008: 122

Supply of Homes - Months of inventory: 9.7
(Assuming no others were to enter market)

Market Advantage - Buyer
(Buyer's market: more than 6 months of inventory
Seller's market: less than 3 months of inventory
Neutral market: 3 - 6 months of inventory)

Days on Market & Sold/List Price %

Average Days on Market: 81

Sold/List Price Ratio: 96%

Average Price for Sale & Sold

Average for sale price (in $,000): 155

Average sold price (in $,000): 117

Price Trend: Depreciating
(6 month trend - Appreciating/Depreciating/Neutral)

 

*Area 1 - 12, 14A, 14B, 14C, Harlan, Mo Valley/Logan, Nebraska, Southwest Iowa


All reports presented are based on data supplied by Council Bluffs IA Association of Realtorand Great Plains Realtors/Omaha Area BOR or their MLSs. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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