The market update for Coralville this month looks similar to Iowa City as far as how the market is trending. The inventory of homes on the market in Coralville is a little tighter with just 107 homes currently showing as active on the Iowa City MLS. The contract to listing ratio for homes in Coralville is at 48% – That means 48% of the homes listed on the MLS have accepted offers and that’s A LOT of homes under contract!
Coralville, even more so than Iowa City, is trending towards a sellers market with a 3.6 month absorption rate. It’s interesting to note that in this hot market sellers aren’t rushing to grab the phone to list their houses. If I was an economist I’m sure I’d have an opinion about that. Since I’m not I’ll just sit here and observe the situation for a while. Check back for updates, you’ll know about it here first when it comes to the Coralville real state market!
Do you have a house to sell in Coralville? I’m a straight talking Realtor who knows the ins and outs of the Coralville real estate market and knows how to get your home sold. Even in this hot market homes don’t sell themselves – A good agent will be what makes the difference between a home selling quickly and it languishing on the market.
We don’t list homes at Cardinal Realty, we sell them! Call Denise today at 319-400-0268 ~ Let’s get started on getting that SOLD sign in your yard!
Looking to buy a home in Coralville? At Cardinal Realty we represent both buyers and sellers, (just preferably not in the same transaction). Whether you’re buying or selling a home the agent you work with WILL make a difference. Call Denise at 319-400-0268 for sound advice and guidance in the purchase or sale or your next home.