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Iowa City area 2009 home sales

It’s close enough to the end of the year to have a peek at 2009 home sales for the area. There were 2,331 homes sold for an average $182,708 that sold in an average of 102 days. In 2007 there were 2600 sales and 2300 in 2008. I’d day we’re pretty stable!

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Modest Gains Expected for 2007 Home Sales!

Walter Molony of the National Association of Realtors says we’re in for an increase in the number of homes sold nationallly. 2005 was a banner year with 7.03 million home units sold. Last November, (2006) the annual 2006 sales were 6.28 million and should be rising gradually in 2007. It is early yet, but this news fits with what’s happening in the Iowa City …

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2006 real estate review

I keep reading about the real estate bubble, but I don’t believe we have seen any evidence of this in the Iowa City area. Let’s look at the record: In 2006 there were 2607 homes (read residential properties) sold for a total sales volume of $469,413,392. The average sale price was $180,059, houses sold after an average of 107 days on the market, and …

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