Tiffin is close enough to Coralville and Iowa City to be a strong choice for buyers looking to buy a home in a more rural setting. Tiffin has so much going for it with the great schools and lots of new construction homes. I’ve been watching Tiffin for a while, waiting for a big jump in home sales. It hasn’t happened yet and it doesn’t look like 2015 is going to be that year. 30 homes sold in Tiffin from January – June 2015 compared to 30 homes sold in the same time frame in 2014. Yes, exactly the same number of homes sold in the first 6 months this year as last year. What are the odds of that?
Homes Sold in Tiffin January – June 2015
Highlights of This Month’s Market Report for Tiffin
- Average Price for homes in Tiffin up – $227,340 Average price in 2015 compared to $198,063 in 2014
- Median Price for homes in Tiffin up – $202,900 median price in 2015 compared to $196,000 in 2014
- Days on Market: 15 homes sold in under 60 days in Tiffin and 15 sold over 60 days
- There are currently 79 homes showing as Active Listings on the MLS and 13 homes are currently showing as Contingent or Sale Pending on the MLS – That translates into a 14% contract to listing ratio – That number is skewed low due to the large number of new construction homes on the market
Whether you’re buying or selling a home in Tiffin, working with a Realtor who keeps tabs on the market will be key to your success. If you’re a buyer, knowing when you need to jump on a listing is as important as knowing when it’s over-priced. Working with a good agent who understands the market will mean you get the advice and guidance you need to make the right call when you make an offer on a home in Tiffin.
Sellers in Tiffin might find selling their home more challenging with so much competition from new construction. This is especially true if you’re getting ready to sell a condo or zero lot in a market with a lot of zero lot style homes and condos available for sale. Working with the right agent and getting the advice you need to position your house for a quick sale is an important first step in the sale of your home.
Ready to make your move? Sound advice and guidance are just a phone call, text or email away! Call Denise now at 319-400-0268.
Data provided via the Iowa City MLS July 4, 2015
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