2008 Summary of Sales Activity for Northeast Cedar Rapids, Iowa 1/1/08-2/17/08 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 55 $131,156 $134,177 96% 77 2009 Summary of Sales Activity for Northeast Cedar Rapids, Iowa 1/1/09-2/17/09 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 44 $156,344 $161,745 96% 90 SUMMARY FOR NORTHEAST CEDAR RAPIDS: Sales are down, homes are taking slightly longer to sell, the value is still there with homes selling for 96% of their original asking price, and there are more larger homes on the market, as evidence by the sales price. 2008 Summary of Sales Activity for Northwest Cedar Rapids, Iowa 1/1/08-2/17/08 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 31 $142,111 $144,124 98% 92 2009 Summary of Sales Activity for Northwest Cedar Rapids, Iowa 1/1/09-2/17/09 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 13 $99,515 $102,846 93 64 SUMMARY FOR NORTHWEST CEDAR RAPIDS: Sales are down, but homes are being sold quicker. Homes are selling for less of the original asking price, but are not as expensive of homes, so difference is not as dramatic.
2008 Summary of Sales Activity for Southeast Cedar Rapids, Iowa 1/1/08-2/17/08 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 27 $143,848 $152,620 93% 94 2009 Summary of Sales Activity for Southeast Cedar Rapids, Iowa 1/1/09-2/17/09 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 19 $92,703 $95,187 96% 92 SUMMARY FOR SOUTHEAST CEDAR RAPIDS: Sold inventory is slightly down, homeowners with higher priced homes are waiting to see what the market will bear, value for what homes are selling for are holding, and days on the market are about the same. 2008 Summary of Sales Activity for Southwest Cedar Rapids, Iowa 1/1/08-2/17/08 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 42 $127,208 $128,573 98% 107 2009 Summary of Sales Activity for Southwest Cedar Rapids, Iowa 1/1/09-2/17/09 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 34 $120,756 $125,099 95 105 SUMMARY FOR SOUTHWEST CEDAR RAPIDS: Sold Inventory is down slightly from 2008, average sale prices are slightly lower, and homes are selling for 3% less than they did one year ago. Out of all quadrants of Cedar Rapids, and Marion, the southwest side of Cedar Rapids is taking the most time to sell homes averaging 106 days between 2008-09. 2008 Summary of Sales Activity for Marion, Iowa 1/1/08-2/17/08 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 55 $180,904 $182,820 98% 101 2009 Summary of Sales Activity for Marion, Iowa 1/1/09-2/17/09 # Listings Sold Avg. Sales Price Avg. List Price Sale/List Ratio DOM 39 $176,958 $179,523 98% 73 SUMMARY FOR MARION: Sold inventory is down slightly from 2008, average sales prices and average listing prices are relatively the same, and the homes are selling for 98% of the original list price for both 2008-09. Homes in Marion are selling about 30% faster than 2008, which is good news if you are selling your home in Marion.
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