Market Reports for Iowa City, Coralville, North Liberty & Tiffin, IA
If you live in the Iowa City area, then you'll know that Iowa City, Coralville, North Liberty and Tiffin are all within a stone's throw of one another. What might surprise you is that even though that is the case, there are some major differences when it comes to home sales in the area. Just take a look at my market reports for the different areas below and you will see what I mean.
The reason I mention the differences is that if you're selling a home in the Iowa City area this is important to you. Real estate is local. You need to know what buyers are buying and what they are not buying. These market reports will give you a good starting point to see where the real estate market is at in your town. After that you will need to drill it down some more to find out what's going on in the neighborhoods closest to where your house is located. That's where the trusty CMA, Current Market Analysis, comes in handy. Once you know what's going on in your neighborhood you can work on a strategy to get your home sold. Selling a home starts with a plan and the first thing to do is get informed on the market!
Iowa City Real Estate Market
Home Sales were up in 2012 in Iowa City by 10%. 884 homes sold in Iowa City January through December 2012 compared to 803 in the same time frame in 2011. That's not a huge increase in home sales in Iowa City, but MUCH better than the 2% increase in year over year home sales I wrote about in my Market Report this time last year.
Read the complete market update for Iowa City on the Cardinal Realty website: Homes Sold in Iowa City January - December 2012
Coralville IA Real Estate Market
Home sales were up in Coralville IA by 20% in 2012. 331 homes sold in Coralville in 2012 compared to 275 homes sold in 2011. That's a 20% increase in home sales in Coralville. This marks a pretty big development for Coralville considering where the real estate market was at this time last year when I looked at home sales in 2011.
Read the complete market update: Homes Sold in Coralville IA January - December 2012
North Liberty IA Real Estate Market
The North Liberty IA real estate market did very well in 2012 with home sales up by 22%. 570 homes sold in North Liberty in 2012 compared to 466 homes sold in 2011. This is excellent news for North Liberty and shows great improvement over 2011. To give you an idea of how much the real estate market has improved over the last year, here's a link to the market report I wrote last year for home sales in North Liberty in 2011.
Read the complete market update: Homes Sold in North Liberty IA January - December 2012
Tiffin IA Real Estate Market
The Tiffin IA real estate market did very well in 2012 with home sales up by by almost 27%. 52 homes sold in Tiffin in 2012 compared to 41 homes sold in 2011. Tiffin is a growing town with lots of new construction and potential for growth. It makes sense that now that the real estate market in the Iowa City area is on the rise again, Tiffin is likely to grow at a faster rate. 2012 was a good year for Tiffin compared to 2011 To give you an idea of how much the real estate market has improved over the last year, here's a link to the market report I wrote last year for home sales in Tiffin in 2011.
Read the complete market update: Homes Sold in Tiffin IA January - December 2012
Do you have a house to sell in the Iowa City area? I'm a straight talking Realtor who knows the ins and outs of the Iowa City area real estate market and is happy to provide an honest assessment of your home's value and discuss with you the best plan of action to get your home sold. Contact me for a Free Market Analysis.
Let's Connect and Get To Know Each Other...
Please remember that opinions expressed in my blog are just that - opinions - not fact
For legal or accounting advice please consult with a professional
Although the information provided is deemed reliable, it's not guaranteed