• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Business / Home sales across Iowa up in September

Home sales across Iowa up in September

October 22, 2015 By Matt Kelley

home sales 001The number of homes sold in Iowa last month increased 4.8 percent compared to September of last year. Jon Yocum is president of the Iowa Association of Realtors (IAR), which released a report Wednesday on home sales and prices in the state.

“It was kind of a slower month in August, but it definitely picked up in September,” Yocum said. A total of 3,570 homes were sold in the state last month, according to the IAR. That’s up from 3,406 homes sold in September 2014.

The last three months have been busy ones for both home buyers and sellers in the state. “It’s been 8 years since we’ve had this many sales in the third quarter…so, it’s pretty awesome,” Yocum said. Homes sales in Iowa over the first 9 months of the year outpaced the same period last year by 7.9 percent.

Yocum gives credit to a couple of factors. “I think interest rates being what they are, still very affordable…that’s keeping buyers out there on the market. And the unemployment numbers in Iowa are lower than what they are across the country,” Yocum said. The median sale price of a home sold in Iowa rose 5.9 percent from September of last year. The median price was $131,750 in September 2014 compared to $139,500 this year.

Homes are also selling sooner — with days on market at 68 last month. In September of 2014, the properties were on the market for an average 84 days.

 

 

Share this:

  • Facebook
  • Twitter

Filed Under: Business, News

Featured Stories

Exhibit features lesser known works of Grant Wood

Testing finds 21 new CWD cases in deer

It may become a crime in Iowa to use fake urine in workplace drug tests

February trending 18 degrees below average temperature

Iowa House Education Committee votes to end tenure at UI, ISU, UNI

TwitterFacebook
Tweets by RadioIowa

Iowa’s Jack Nunge lost for the season

Key stretch begins for #9 Iowa

Drake’s Roman Penn lost for the season

Drake’s DeVries named to Naismith watch list

State wrestling opens with limited attendance

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 ยท Learfield News & Ag, LLC