Iowa has Strongest 3rd Quarter in 8 Years!

Press Release - Homes sales and sale prices continue  their steady upward trend in Iowa in September.  This is the strongest third quarter Iowa has seen in 8 years. The median sale price rose 5.9 percent from September of last year.  The median price was $131,750 in September 2014 compared to $139,500 this year. Home sales are up 4.8 percent from September of last year.  3,570 homes sold last month, while 3,406 homes sold in September 2014. Homes sold in the first 9 months of 2015 outpaced the same period last year by 7.9 percent. Homes are still selling quickly in Iowa with days … [Read more...]

Sale Prices Continue to Climb! Time to Sell? Time to Buy?

PRESS RELEASE - Sale prices and number of homes sold continue their upward trend. Homes are selling faster than any point in the last 3 years according to the Iowa Association of REALTORS® (IAR). Homes continue to sell very quickly as days on market fell to 75 days as compared to 90 days at this time last year. This is the lowest number of days on market in the last 3 years. Sales increased 7.3 percent from a year ago. 4,134 homes were sold last month as compared to 3,853 homes that sold in May 2014. Active listings were down 3.4 percent and Pending listings were up 5.7% when compared to … [Read more...]

Market Trends for 2014 Show Home Values Rising with Sales Steady in the Cedar Rapids Area

PRESS RELEASE- 2014 Home Prices in Iowa continued to rise this year according to the official yearly housing trends released by the Iowa Association of REALTORS®. The median sale price improved 1.5 percent. The median price was $134,000 compared to $132,000 in 2013. "It is great news to see home values on the rise. This is the third consecutive year with an increase in home prices." stated IAR President Jon Yocum. Home Sales remained steady when compared to last year.  Sales dipped by less than .4%.  37,783 homes sold in Iowa in 2014. In 2013, sold properties totaled 37,930. For the … [Read more...]

Iowa Home Sales and Home Prices Increase in September

Press Release - CLIVE, IOWA (Oct. 2014) – According to the latest housing report from the Iowa Association of Realtors® (IAR), home sales and prices were up in September as compared to last year. The September 2014 Housing Trends Report showed that sales rose .6 percent from this time last year. A total of 3,191 homes sold/closed this September, while only 3,172 homes sold in September 2013. The median sale price increased by 1.6 percent, rising from $131,950 in September 2013 to $134,000 this year. The average sale price also went up 3.9 percent. The average sale price rose from … [Read more...]

Now is the Time for Buyers to take Advantage of Affordability in Homeownership

Press Release-July 2014-Home sales increased in June while home prices rose slightly, reports the Iowa Association of Realtors® (IAR). The IAR’s June 2014 Housing Trends Report show sold activity was up in June 2014 when compared to the number of sold properties in June 2013. Sales increased by 3.6 percent from last year. A total of 4,047 homes sold/closed in June 2014, and 3,905 homes sold/closed in June 2013. The average sale price increased slightly by 1 percent, going from $168,604 last June to $170,334 this June.  The median sale price across the state decreased by 1 percent, dipping … [Read more...]

Home Sale Prices Increase, Home Sales Decrease Slightly

Previously posted by Amy Lucht | May 14, 2014 CLIVE, IOWA (May 14, 2014) – The average Iowa home sale price has reflected positive growth again in April, according to the Iowa Association of REALTORS® (IAR). The IAR’s 2014 April Housing Trends Report indicates the average sale price of homes across Iowa in April 2014 was $152,786, up 4.6 percent from April 2013 when the average sale price was $146,119.  The median sale price increased slightly as well, going from $127,250 in 2013 to $127,500 in 2014, a .2 percent increase. The average sales price to list price ratio (sp/lp) also showed … [Read more...]