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 home sales and home prices in Iowa City this year so far. Homes Sold in Iowa City: January - August 2017 Home Sales are Continue Reading about Iowa City Real Estate Market Trends January – August 2017
The real estate market in Coralville is hot. So hot that I barely have time to keep up with my regular market reports! Today I want to do some catch up and share what's been going on in the real estate market in Coralville in the last few months. So far home sales are up 25% for the year, and home prices in Coralville are up 7%. This is an excellent start to the 2017 real estate market in Continue Reading about The Market is Hot this Spring in Coralville!
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 listing and buyers scrambling to be one of the lucky ones who actually get to see a home before it's gone. Continue Reading about Iowa City Real Estate Market Report: 1st Quarter 2017
Home sales in Coralville in 2016 were up 5% compared to 2015. 375 homes sold in Coralville in 2016 compared to 358 in 2015. This number would have been higher if there had been more homes on the market for the many buyers out and about looking for their new home or condo in Coralville in 2016. I live in Coralville AND I'm a real estate agent. I probably pay more attention to real estate signs than Continue Reading about Real Estate Market Trends: Home Sales & Home Prices in Coralville 2016
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 single family homes sold in 2016 compared to 739 in 2015. (These numbers may increase during the coming weeks as more agents Continue Reading about 2016 in Review: Home Sales & Home Prices in Iowa City 2016
Home Sales are on the rise in North Liberty in the 4th Quarter. The data for the year for the North Liberty Real Estate Market is mixed with home sales down 2.8% for the year with just a few weeks to go to break even with last year. 537 homes sold January - November 2016 compared to 553 homes sold January - November 2015. Single Family Home Sales are up for the year, while condo and zero lot sales Continue Reading about Real Estate Market Trends North Liberty December 2016
With just one month of the year left, Home Sales are up 4% for the year in Coralville. 351 Homes Sold January - November 2016 compared to 336 in the same time frame in 2015. The chart below shows the number of homes sold in October and November in Coralville. The fall market is busier than it looks. The reason there is no increase Home sales in the last couple of months is that Coralville is still Continue Reading about Real Estate Market Trends Coralville December 2016
Home Sales in North Liberty took a dip in the 3rd quarter. 174 homes sold July - September 2016 compared to 212 homes sold in the 3rd quarter 2015. The biggest surprise is that condo sales are down 8% for the year so far. Condos are always popular with first time home buyers in the peak spring and early summer selling season. Clearly they weren't finding what they were looking for this spring in Continue Reading about North Liberty Real Estate Market Report July – Sept 2016