Here is what you need to know about the Cedar Valley's housing market.
1. Oakridge Recap: We are starting to see more activity in the market. In February, homes sold with an Oakridge Realtor sold for 2% MORE and 9 days FASTER when compared to the MLS (area) average.
2. Cedar Valley Inventory - Take a look at 2023 compared to 2019 inventory of homes! Compared to a normal year (prior to the pandemic), the Cedar Valley's housing inventory has not fully recovered to meet the demand of buyers in our community. If you are looking to sell your home, you are in a great position. Low inventory = more exposure for your home.
3. Active Listings: When looking at the active listings in Cedar Falls and Waterloo, take a look at the
Anyone else blink and suddenly it is 2023? Our team is back together ready and excited for another year of doing what we love in the community that we love. 2022 brought a lot of great things to our team and we wanted to recap that all in one blog post to share with you! We also want to congratulate our December Top performers & 2022 Q4 Top Performers!
2022 Included
- Helping 1200+ people in the Cedar Valley buy/sell a home - Being voted Best of the Best Real Estate Agency in Cedar Valley - Annual Pack the Dome on MLK JR Day - Easter Eggstravaganza at the Dome - 8 New Oakies joined our team! - Celebrating 40 years of Oakridge Real Estate - Supporting the 16th Annual Pink Ribbon Run - Premier Sponsor -
67 Total Transactions: Congrats to the 30 clients who sold their home and 37 clients who have purchased homes in November! Thank you for letting our Oakies be there for you through your buying or selling process.
List to Sale %: 11 straight months of Oakridge agents getting sellers top dollar for their home! Oakridge Average List to Sale Price: 98.9% compared to the MLS of 98.03%. How does this benefit you? Homes are selling in the Cedar Valley. When selling your home our agents are getting their clients more $$ compared to others in the Cedar Valley area.
Average Days on Market: 9 Average Days on Market compared to MLS Average of 26!! This is HUGE!! We are SO proud to say this is a true reflection of our team, their
141 Total Transactions: Congrats to the 62 clients who sold their home and 64 clients who have purchased homes in September! Thank you for letting our Oakies be there for you through your buying or selling process.
List to Sale %: 10 straight months of Oakridge agents getting sellers top dollar for their home. Oakridge Average List to Sale Price: 103% (MLS: 100.1%). This 3% difference compared to the MLS average adds up to extra $$ when selling.
Average Days on Market: 10 Average Days on Market.
Homes on Market: 131 homes on the market, Cedar Falls and Waterloo combined. We continue to see a slight increase in available homes on the market. This is…
Market Update - Why it is still a great time to buy or sell.
It is no lie that the market is different than is was six months ago. The rise of interest rates are the top focus that we continue to hear on every news outlet and are top of mind anyone that is looking to buy a home. Our team along with Greenstate Lender, Bill Tye, had an open discussion regarding how it is still a great time to buy or sell. Below are key points our team shared in our open discussion on Tuesday.
Buyers:
You are starting to have buying power again! Many of our buyers are now able to view multiple homes and get an inspection.
Don't let interest rates scare you from buying a house! Buying a home all comes down to your
Another great month in the books! Take a look at our August recap, how these numbers can benefit you when buy or seller a home with a Oakridge Realtor, and our top performers!
141 Total Transactions: Congrats to the 68 clients who sold their home and 73 clients who have purchased homes in August! Thank you for letting our Oakies be there for you through your buying or selling process.
List to Sale %: 8 straight months of Oakridge agents getting sellers top dollar for their home. Oakridge Average List to Sale Price: 103% (MLS: 100.1%). This is 3% higher compared to the MLS average. When selling your home 3% will add up to additional $$$ in your pocket.
Average Days on Market: 10 Average…
Summer might be coming close to an end but the market continues to stay steady with our Oakridge Team. Take a look at our July recap, how these numbers can benefit you when buy or seller a home with a Oakridge Realtor, and our top performers!
115 Total Transactions: Congrats to the 61 clients who sold their home and 54 clients who have purchased homes in June! We are blessed with some of the best people to work with. Thank you for letting our agents be there for you through your buying or selling process.
List to Sale %: 7 straight months of Oakridge agents getting sellers top dollar for their home. Oakridge Average List to Sale Price: 103.6% (MLS: 100.4%). This is 3% higher compared to the MLS average. When selling your
We are officially half way through the 2022 year! Six full months are completed and our team continues to stay busy with such amazing clients and homes throughout the Cedar Valley. Take a look at our June recap, how these numbers benefit you as a seller or buyer when working with Oakridge Real Estate, our top performers, Quarter 2 top performers, and the listing of the month!
June Recap
Transactions: 139 transactions! The most transactions in one month in 2022! Our agents continue to work hard to fulfill the needs of their clients. We were so blessed and excited for all of our clients! Thank you for letting our agents be there for you. Congrats to the 60 clients who sold their home and 79 clients who have purchased homes in June!
Crazy to think June is already here and time is not slowing down. Five full months of 2022 are completed and our team continues to stay busy with such amazing clients and homes throughout the Cedar Valley. Take a look at our May recap and how these numbers benefit you as a seller and buyer when working with Oakridge Real Estate.
May Recap
Transactions: 108 transactions! The most transactions in one month in 2022! Our agents are so hardworking, fulfilling the needs of their clients in this current market. We were so blessed and excited for all of our clients! Thank you for letting our agents be there for you. Congrats to the 48 clients who sold their home and 60 clients who have purchased homes in May!