Iowa City Real Estate Blog

Iowa City Real Estate and Relocation Specialist - Market Reports, Community Information and Advice for Home Buyers and Sellers in Iowa City, Coralville and North Liberty Iowa.

Weekly North Liberty Market Report Feb 8, 2010 - Current Listings, Homes Under Contract, Homes Sold

 

 

271 Active Listings
39 Under Contract
5 Homes Sold Feb 1 - Feb 6
5.2 Months of inventory on the market

The absorption rate in North Liberty is just over 5 months, pretty good news for sellers as it means North Liberty is starting to trend towards a sellers market. 6 months of inventory of homes on the market is considered neutral and more than 6 months a buyers market. North Liberty has a good year in 2009 and looks set you continue on the same track in 2010.

Here's a link to a post I wrote a while back with pretty detailed info about the absorption rate.

 

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