Cedar Rapids Real Estate Market Conditions & Reports, Cedar Rapids Market Trends, Iowa

Market Commentary Provided by Jim Willmsen
Market is hot and the value of homes is still good.

Report Date

Winter 2010

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CONNECT WITH A LOCAL PROFESSIONAL

Jim Willmsen
RE/MAX
Cedar Rapids, Iowa
319-395-0101
Jim@981-sold.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

Equal buyers and sellers

Average Time on Market

60-90 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$150,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Cedar Rapids is

Seller Activity for the past 90 days in Cedar Rapids is

Is Financing Available For Qualified Buyers in Cedar Rapids?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Other

Average Sold Price

$150,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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