Iowa Home Prices up 5.1% in October

posted by Mark Gavin | Nov 18, 2016

The median sale price rose 5.1 percent in October  2016 when compared to October 2015 according to the official Housing Trends Report from the Iowa Association of REALTORS® (IAR). 

The median sale price for October 2016 was $145,000 as compared to $138,000 in October of last year. 

The number of homes sold in October were down slightly at 1.4 percent less than last October. 3,425 homes were sold in October of this year, while 3,473 were sold during the same month last year.

The year-to-date numbers continue to show a steady year for Iowa residential real estate. Sold properties are up 3.5 percent for 2016 when compared to the same period last year. 


Iowa Housing Stats - October 2016

 

The days on market (DOM) increased by 5 days from last year. The average days on market in October 2016 was 76 compared to 71 DOM in October 2015. 

“Limited inventory in most metro areas in the state favors home sellers. There is still time to sell your home before the end of the year. Interested buyers are motivated by the slight interest rate increases and predictions that the underwriting process may become less stringent in the future,” stated IAR President Cindy Miller.  Read the Forbes article, How Trump’s Presidency Could Impact Real Estate for a national perspective written by NAR’s Chief Economist, Lawrence Yun.  

The information used to create the IAR October 2016 Housing Trends Report was current as of November 14, at 3:40 p.m. The information is subject to change due to the dynamic nature of the IAR’s housing statistics system, which is updated hourly based on information present in local participating MLS (multiple listing service) systems.
The term Realtor® is a registered trademark, which identifies real estate professionals who follow a strict Code of Ethics as members of the National Association of Realtors®. 

The Iowa Association of Realtors® is the state’s largest real estate professional organization representing over 7,000 members and affiliates. The IAR releases a Housing Trends Report each month. Data is collected from local Realtor® boards through their multiple listing service (MLS), which tracks sales activities in the board area. IAR compiles all of the local board data into the statewide report each month. Reports are available online to IAR members and affiliates with a login and password. Anyone is eligible to become an IAR affiliate. For membership information, visit www.iowarealtors.com.

 For more information, please contact Mark Gavin, Director of Communications at Iowa Association of REALTORS®  mark@iowarealtors.com

###


 

30 Comments

  1. 1 Suryateja Madhavarapu 20 Mar
  2. 2 Shelley Morton 17 Mar

    I think it is going to have a bigger raise in this year. The prices have already went up more than last year now and I think it is going to be a lot more than the prices in October last year. 

    www.buywholesaletablets.com
  3. 3 ishu jha 17 Mar
    <a href="https://www.myquickidea.com/free-movies-download-sites-list/">https://www.myquickidea.com/free-movies-download-sites-list/</a>
  4. 4 dasasd 16 Mar
    <a href="https://www.google.fr/">keyword</a>
    [url=https://www.google.fr/]keyword[/url]
    Google

    Google

  5. 5 Driving Directions 15 Mar

    I am very happy because it can get very extraordinary information.Thanks for sharing!

    driving directions

  6. 6 Gary Lintz 01 Mar
    We expect that the new <a href="http://lgv30pro.com/">LG
    V30</a> will be a super success when it launches at the upcoming global
    event. 
  7. 7 Ruby Draper 24 Feb

    You have well said about the days on market and revealed about the home prices that is being incremented rapidly. I am writer from buy essay online and I know how difficult is to get a house even for rent in the town area.

  8. 8 Xiaomi Mi 6 features 24 Feb
    After Xiaomi got a lot of positive feedback for the Mi 5 which they launched in April 2016, they are now about to release the next device in the Mi series of smart phones, the Mi 6.

    It will have a better camera than its predecessor and also a more powerful Snapdragon processor. You can check out more technical details and also the Mi 6 features  if you want.

  9. 9 Fast 8 Jason Statham Coat 09 Feb

    Fast 8 Jason Statham Coat finally after many solicitations, the famous cowhide duffle coat in dark. Every one of the points of interest are as you would expect of this notable piece of clothing.An incredible calfskin coat that is reasonable for all seasons. An adaptable coat which disregards terrible climate and keeps you warm is a quick venture and this calfskin parka ticks those cases. 

  10. 10 Fast 8 Charlize Theron Jacket 04 Feb
    A decent calfskin Fast 8 Charlize Theron Jacket produced using quality cover up and treated well ought to last through a wide range of scratches and scratches. A cowhide coat will at present be warm and dry long after wind, rain or snow have worked their way through a similar coat in fleece or denim.


  11. 11 jack sparr 04 Feb

    download zapya apk

  12. 12 john 28 Jan

    good respectable download speed. You could download vidmate on pc message Click to Install. So click the downloaded and nice. 

  13. 13 hugus 20 Jan

    good self-explanatory by offering tips as soon as a switch vidmate app watch all sorts of videos as well as TV programs anywhere nice. 

  14. 14 Nerve Tommy 04 Jan

    calfskin shop has an assortment of ladies design cowhide Nerve Tommy coats and these items quality is high similar to dependably.

  15. 15 xender for pc 04 Jan
    Download
    Very good
    for file and picture share To  PC  To any Phone
    http://www.xenderforpcapp.com
  16. 16 How Mate 23 Dec

    I have been absent for a while, but now I remember why I used to love this web site. Thank you, I will try and check back more often. How frequently you update your web site? Techlazy.com howmate.com crazyask.com deep web links dark web links how to access the deep web how to access the dark web

     

  17. 17 Alax Micheal 19 Dec

    That we need to protect us from house but initially we need to maintain something in life to become something good and informative 
    http://www.assignmentkeen.com/write-my-assignment/

  18. 18 facebook messenger for iphone 14 Dec
    Facebook Messenger is one of the best apps for messaging, video calling, sharing your location with your Facebook friends.
  19. 19 Elizabeth 14 Dec
    Iowa is known for BBQ, pork is big there of course! Corn also, all types.
    My fev favorite iowa and most tasty dishes from Iowa is BBQ i also visited here when i work for url=http://www.ordermypapers.com/]online paper writing service[/url] company 
  20. 20 elizabeth 14 Dec
    Iowa is known for BBQ, pork is big there of course! Corn also, all types.

    My fev favorite iowa and most tasty dishes from Iowa is BBQ i also visited here when i work for online paper writing service company 

  21. 21 davidluiz 09 Dec
    In the era of traditional color leather monopoly market, 70 years for
    the first time launched louis vuitton replica handbags are very characteristic. Adhere to the
    consistent spirit of innovation, combined with this year's trend of the
    general trend of color, with a variety of innovative materials to mix
    and match the design, the introduction of retro fashion and contemporary
    pop perfect integration of the new replica handbags series. In addition to a variety of colors out of color, the stitching of different materials is the latest series of flagship features. The first launch of the mesh cloth material weight is extremely light, and the first layer of leather stitching design chanel replica handbags are full
    of personality, low-key and unique. Particularly eye-catching front
    small transparent pocket, is to display the best style of personal
    window.
  22. 22 Ems023 08 Dec
    This is really good news!  Only goes to show how effective your marketing strategy are when it comes to selling and the effort that your team gives.  Unlike the other real estate companies via A-writer.com rating which had decrease in sales over the last 2 months.
  23. 23 Joseph James 06 Dec
    They are selling their products on a very low rate due to their amazing sales. <a href="http://www.usdissertations.com/"> dissertation services </a> recommends that very few time is left for that offer.
  24. 24 Ellen Smith 02 Dec
    According to various report there has been a steady elevation of prices across the nation for properties and trend has been going on for years. It’s interesting to know that even after home sales dipped slightly the price has still kept an increasing trend.



    tablets wholesale price



  25. 25 https://tnsslcresults2017.in/ 02 Dec
    TNBSE 10th SSLC Results 2017, Tamil Nadu Board TN class 10th results, TN SSLC Results 2017 to be announced soon at tnresults.nic.in.

    tnresults.nic.in

  26. 26 carl 30 Nov

    You have more exciting news as the  paypal free money which will be provided within a second and at no any effort through which you will start living your daily life like a king.

  27. 27 David 30 Nov
    Marry xmas greeting cards

    Xmas Wishes

  28. 28 James Cameron 29 Nov
    Restricted store in the majority metro zones in the condition

    favoritism home dealer. There is unmoving <a href="http://www.Buyassignment.com.com">Buyassignment.com</a> time to offer your house prior to the end of the year.

  29. 29 Layla James 23 Nov

     It is the fact that in the business of property, wither you buy a empty plot or a house, if you sale it in future it will definitely be more expensive. college paper help recommends that you could invest as much as you want if you are buying that house for yourself.

    http://www.thesuperiorpapers.org/college-paper-writing-help/

  30. 30 Jordan 21 Nov
    I should declare that you've made an incredible showing in relation to with this. 

    thanks

    http://www.genericviagraus.net/

Comment

  1.