How is the Iowa City Real Estate Market looking as we head towards Fall? Home prices are up in Iowa City and yet home sales are down just a tad. There were plenty of buyers out and about this spring and summer, just not enough houses to go around! Below is a break down of… [Read More…]
Iowa City Real Estate Market Report: 1st Quarter 2017
Everyone’s talking about a “Hot” real estate market. So what does that mean? In Iowa City it means there are not enough homes available for the many buyers who want to buy this spring. We have two ways of knowing that. The first is because we see sellers fielding multiple offers on the day of… [Read More…]
Iowa City Real Estate Market Report 2016: Home Sales & Home Prices
Home sales in Iowa City in 2016 were up 7% compared to 2015. 1097 homes sold in Iowa City in 2016 compared to 1028 in 2015. Condo sales in Iowa City are up 34% for the year. 305 condos sold in 2016 compared to 226 in 2015. Single family home sales are down just a tad. 732… [Read More…]
Real Estate Market Trends Iowa City December 2016
There’s lots of activity in the Iowa City real estate market this fall with home sales up in both October and November. The chart below shows Home sales in Iowa City are up a healthy 27% in November. 60 homes sold in November compared to 47 in November 2015. Looking at the bigger picture, home… [Read More…]
Iowa City Real Estate Market Report July – September 2016
Home Sales are even with last year for the 3rd Quarter in Iowa City. 362 Homes sold July – September 2016 compared to 361 in the same time frame in 2015. July is typically the strongest month for closings in Iowa City and this year home sales in July were down almost 17% compared to… [Read More…]
Real Estate Market Report Iowa City August 2016
Home Sales are up 24% in August in Iowa City. 112 Homes sold in Iowa City in August 2016 compared to 90 in August 2015. That puts the number of homes sold in Iowa City up 5% for the year. The chart below shows that Condo sales are the big winners for the month. (Again). Single… [Read More…]
Mid Year 2016 Real Estate Market Report Iowa City
Home Sales are up 10% for the first half of the year in Iowa City. 541 homes sold January – June 2016 compared to 490 homes sold in the same time frame last year. The chart below shows home sales January through June in Iowa City. The strongest months are March, April and May. It’s… [Read More…]
Iowa City Real Estate Market Report May 2016
Home Sales are up 18% in May in Iowa City. 118 Homes sold in Iowa City in May 2016 compared to 100 in May 2015. That puts home sales in Iowa City up 15% for the year. The chart below shows that Condo sales are the big winners for the month. Single Family Home Sales… [Read More…]
Real Estate Market Trends Iowa City April 2016
It’s been a great kick off for the year for the Iowa City Real Estate Market. So great that I haven’t had time for my regular monthly market reports and have a lot of catching up to do this month! The chart below shows home sales January through April in Iowa City. Home sales are… [Read More…]
Iowa City Market Trends: Home Sales & Home Prices in 2015
Home sales in Iowa City in 2015 were up just 1% compared to 2014. 1024 homes sold in Iowa City in 2015 compared to 1009 in 2014. That will probably surprise a lot of you reading this, who expect more in what is touted as a “seller’s market.” If that number doesn’t inspire you, the… [Read More…]