Home Sales in North Liberty are up in September and down 7% for the quarter. 189 Homes Sold in North Liberty July – September 2014 compared to 205 in the same time frame in 2013. This is my third quarterly market report this week and they all have one thing in common – Home Sales are up in September in all three areas – Iowa City, Coralville and North Liberty. The lack of inventory of homes on the market has been the biggest factor for lower home sales this year. That might be changing as we head towards Fall. That’s not to say we’re not short on inventory in North Liberty, but clearly more buyers were able to find what they were looking for in a home or home sales wouldn’t be up in September!
Home Sales in North Liberty July – September 2014
Average Price & Median Price of Homes Sold in North Liberty
The table shows the average price and median price of homes in North Liberty in the 3rd quarter. Home Prices are up in North Liberty for condos and zero lots. The average and median price of single family homes in North Liberty is also up in September. (The low number of homes sold in August had an impact on this 3 month view of home prices in North Liberty). If you are thinking of selling a house or condo in North Liberty you’ll want more specific information on pricing in your neighborhood. My market reports look at the larger picture and how the North Liberty real estate market is trending. Right now the trend is looking good for both home prices and home sales in North Liberty and that makes it worth picking up the phone to talk to an agent to find out how that relates to you in your neighborhood.
Are you looking for the right Realtor to help you you navigate the complexities of the North Liberty real estate market, all the while looking out for you and your money? Watching out for buyer and seller clients is my strong suit and with good communication skills and attention to detail you’ll always know that sound advice and guidance is just a phone call, text or email away. Call Denise now at 319-400-0268.