Weekly Market Update North Liberty, IA August 16, 2010 - Number of Homes Sold, Average Price & Days on Market
By Denise Hamlin, Broker/Owner, Helping Happy Clients Make Smart Choices
(Cardinal Realty ~ 319-400-0268)
Weekly Market Update North Liberty, IA August 16, 2010 - Number of Homes Sold, Average Price & Days on Market. 215 Active Listings29 Homes Under Contract0 Homes Sold August 9 - August 14, 2010 Zero homes sold in North Liberty last week. This is a first for me since starting my weekly reports for the area. It could change in the next day or so as agents enter more information on home sales into the MLS system. If that happens I will update this report. Despite the lack of closings last week, North Liberty still has the fastest turnover of homes in the area with the best absorption rate. There are 5 months of inventory on the market = 152 days on market. Having said that, we still have a price driven market so there are still great opportunities for buyers, plus the interest rates are a...