Home sales in Coralville in 2015 were up 2% compared to 2014. 357 homes sold in Coralville in 2015 compared to 351 in 2014. Even if that number doesn’t seem very impressive, it is an improvement compared to last year’s review of homes sold in Coralville, when home sales were down 5% for the year.
2015 started out strong in Coralville, with home sales up 16% in the mid year market report for Coralville. The shortfall came in the second half of the year with home sales down 10% from July through December. I know buyers are out and about in Coralville as I’ve been busy throughout the winter months. With the inventory of homes low in Coralville buyers don’t have a lot of choices. It’s likely that was the reason for the lower number of homes sold in the second half of the year. The only way we will know that for sure is when more sellers list their home in the spring market and sales pick up in the coming months. These market reports are a regular feature on the site, so check back often for trends in the Coralville real estate market.
Home Sales in Coralville
January 1 through December 31, 2015
Highlights of the 2015 Review of Home Sales and Home Prices in Coralville
- Number of homes sold in Coralville up 2% in 2015 compared to 2014 – 357 homes sold January – December 2015 compared to 351 in 2014
- Home Sales in Coralville Up 16% January – June 2015 – 182 homes sold January – June 2015 compared to 156 homes sold in the same time frame in 2014
- Average Price for homes in Coralville down 2% in 2015 – $231,659 Average price in 2015 compared to $236,039 in 2014
- Median Price for homes in Up 4% in 2015 – $202,000 median price in 2015 compared to $194,000 in 2014
Check back for updates to see how the Coralville real estate market continues to do through 2015.
Got a house, condo or zero lot to sell in Coralville? Give Denise a call at 319-400-0268 for personal, effective real estate services with a hi-tech advantage. A successful real estate transaction has nothing to do with chance or luck – Every SOLD Sign starts with a plan! Call Denise today for solid advice and guidance on how to get your home from listing to sold with the minimum amount of fuss.
Looking to buy a home in Coralville? Hiring a (good) Buyer’s Agent will be your first step to ensuring yours is a smooth and easy real estate transaction. Call Denise today for a smooth and easy buying experience with an agent who will always have your back – When you’re doing something as important as buying a house you really can’t put a price on peace of mind!
Data for this market report pulled from the Iowa City MLS January 25, 2016