Buying a house is a bit like planning for your wedding day — there are months packed with excitement, stress, planning, and then, finally, the big payoff. Although I can’t help you with
January 2018 Cedar Falls Market Report
Dated: 02/15/2018
Views: 793
Cedar Falls Real Estate Market Report
Current market environment (February):
117 homes for sale
Highest priced listing: $874,900
Lowest priced listing: $79,999
Pending Sales (properties under contract): 70
The most listings per price range is in the $150,000- $200,000 range (20 current listings)
January 2018 market stats:
January closed sales: 24 (down from 55 in December)
Median sales price: $174,000
Highest sale price: $380,000
Lowest sale price: $73,840
Market analysis summary
The price ranges $200-250k and $350-500k+ reflect a buyer’s market. The price range $300-350k is balanced. All other price ranges reflect a seller’s market. The strongest price range in terms of number of sales in Cedar Falls is again the $150-$200k range (9 January sales).
A seller’s market indicates homes are moving quickly on the market, allowing competition to drive up average sale prices. A buyer’s market indicates slower sales, resulting in overall lower sale prices due to decreased demand.
Jessica Schoof
Realtor, Structure Real Estate
319-939-7784 | structure.jessica@gmail.com
Jessica Schoof
I offer streamlined real estate expertise to meet the buying and selling needs of my clients in Cedar Falls, Waterloo and surrounding areas. I take pride in exceeding my clients' expectations and deve....
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Cedar Falls Real Estate Market Report February 2018 market stats: •Closed sales: 18•New accepted offers/pending sales: 56•Median sales price: $213,250•Highest sale price: $334•
Cedar Falls Real Estate Market ReportCurrent market environment (February):117 homes for sale Highest priced listing: $874,900Lowest priced listing: $79,999Pending Sales (properties under
Cedar Falls Real Estate Market Report Current market environment (December): 116 homes for sale (down from 168 last month) Highest priced listing: $749,900 Lowest priced listing: $89
Listing information © 2020 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data updated daily. Data last updated: February 28, 2020 4:46 AM.
