Waterloo/Cedar Falls Board of Realtors Statistics for December, 4th Quarter and 2009
Posted by Carl Ericson on Friday, January 8th, 2010 at 11:05am.
Here are the
latest statistics from the Waterloo/Cedar Falls Board of Realtors for December
2009, the 4th Quarter of 2009 and entire 2009 real estate
statistics. We finished 2009 of strong
with sales, median and average sales prices all being up in December and in the
4th quarter compared to the same time periods in 2008. Overall, 2009 was another good year for the Waterloo/Cedar
Falls real estate market. While overall
sales were down slightly compared to 2008 both average and median sales prices
were up compared to 2008. Overall days
on market are at a very reasonable 74 days (approx 2.5 months).
I will be
posting more statistics soon on the generally low listing inventory we have in
our market. Stay tuned for more.
Based on the latest statistics, inventory levels and tax incentives that are available now may be a good time to buy or sell depending on your situation. Contact me if you would like to further evaluate your real estate needs.
Carl Ericson
Oakridge
Realtors
319.504.3640
December 2009
-
Sales in December 2009:
153 compared to 136 in 2008
-
Average Sales Price in
December 2009: $147,674 compared to $117,906in 2008
-
Median Sales Price in
December 2009: $108,000 compared to $98,000 in 2008
-
Days on Market:
67
4th Quarter 2009
-
Sales in 4th
Quarter 2009: 572 compared to 494 in 2008
-
Average Sales Price in
4th Quarter 2009:$135,011 compared to $127,218 in 2008
-
Median Sales Price in
4th Quarter 2009: $115,875 compared to 110,825 in 2008
-
Days on Market: 78
Year End 2009
-
Sales of 2,173 in 2009
compared to 2316 in 2008
-
Average Sales Price in
2009: $131,796 compared to $127,619 in 2008
-
Median Sales Price in
2009: $114,900 compared to $113,588 in 2008
-
Days on Market: 74
Source: Waterloo - Cedar Falls Board of REALTORS, As of January 7, 2010
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