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November 24, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Waterloo, Iowa

Reported by Katie Hesse, CRS, ABR, GRI

Updated October 16, 2009.

Current Market Rating: 3




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5
Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

WATERLOO - Slower sales this quarter flies in the face of all the frenzied buyer activity we've been experiencing this spring. In fact, inventories are low enough and there's been enough demand, that we don't have enough good homes to go around! If you've been sitting on the fence waiting for the right time to sell, you found it. For more local market statistics, or for a Comparative Market Analysis (CMA) on your home, contact Katie Hesse at katie.hesse@century21.com or call (319) 231-7035.

SEPTEMBER 2009
195 Sales in 2009 compared to 207 in September 2008
Average Sale Price of $134,961 in 2009 compared to $111,250 in 2008
Median Sale Price$117,000 in 2009 compared to $107,900 in 2008
278 new Residential listings in 2009
Days on Market (DOM) 75 in 2009 compared to 64 in 2008

3rd Quarter 2009 Residential Sales Figures
621 Sales in 2009 compared to 731 in 2008
Average Sale Price of $133,286 in 2009 compared to $127,703 in 2008
Median Sale Price of $122,000 in 2009 compared to $115,000 in 2008
968 new Residential listings in 2009
Days on Market (DOM) 73 in 2009 compared to 68 in 2008
Source: Waterloo Cedar Falls Multiple Listing Service (MLS) Information deemed accurate, but not guaranteed. Statistics include residential listings and sales in all Waterloo-Cedar Falls Board of Realtor MLS communities.


ZIP Codes: 50701, 50702, 50703, 50704, 50706, 50707

Location Characteristics: A culturally-rich Midwestern town flanking both banks of the Cedar River, Waterloo is home to many attractions, museums, festivals, events, sporting opportunities and community icon, John Deere. Learn more at www.waterloocvb.org. Population approximately 67,000.

For More Information:

View Market Conditions of other areas served by Katie Hesse

Navigate: Top > Iowa > Waterloo

About Katie Hesse:
Katie Hesse is a full service, licensed broker with Century 21 LSB Real Estate, a Certified Residential Specialist (CRS), an Accredited Buyer Representative (ABR), a Graduate REALTOR Institute (GRI). She specializes in first time home buyers and sellers, although she has listed and sold everything from investment properties to new construction.

With a long history in the service industry, Katie understands the value of great customer service, and her background in economics makes her knowledgeable on market fluctuations and the local real estate climate - a critical combination when choosing your real estate professional.

You can be assured that she will work hard, with attention to detail, efficiency and integrity, for each and every client. Read what Katie’s clients have to say:

"Katie Hesse was recommended to me by a close personal friend knowing that I value honesty above all else. My family and I were extremely pleased with her professionalism, competence and friendliness, and I would recommend her without any reservations." ~Cathy S., seller and buyer

"We were more than satisfied with Katie's service. Our house was "priced right" and it sold within 4 days. A quick sale is exactly what we needed to start our new construction and relocate our family. Katie Hesse is knowledgeable, personable, and took time to fully understand our needs." ~Kris and Neil O., sellers

Katie has been licensed since April 2004 and has since sold over $17 million in 140+ transactions. She has received over 175 hours of post-licensing real estate education, and was honored to be Waterloo-Cedar Falls Board of Realtors Rookie of the Year in 2005.

Read more about Katie and what her clients have to say at www.katiehesse.com.

Katie Hesse
Real Estate Broker
CRS, GRI, ABR, REALTOR
Century 21 LSB
221 Main St., Cedar Falls IA 50613
(319) 231-7035 cell
(319) 266-8080 office
katie.hesse@century21.com
www.katiehesse.com



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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