Market in a Minute: March 2019 Feature Image

Here is your March Market in a Minute – a quick snapshot of today’s real estate market in both Cedar Rapids and Iowa City. In the Cedar Rapids metro market, we are seeing the average price hovering around $176,000 which up 4.1% from this time last year. The average number of days that a property is on the market is 59, which is down 19.2% from this time last year, but up 18% from last month. There are 527 active listings in the Cedar Rapids Metro area, that is actually up 11.7% from this time last year.

In the Iowa City area, the average sale price is up 15% from this time last year to $261,000. Last month, there were 88 homes that were sold, which is up 22.2% from the previous month in the Iowa City Metro Area. If you have any questions about what this means to you, please don’t hesitate to call!

Cedar Rapids and Iowa City Real Estate Market in a Minute

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