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Southwest Area Market Trends

Today, December 6, 2009

Median Sales Price in Southwest Area

Embed Info
1 yr 5 yr Max
Southwest Area median sales prices
Number of sold homes in Southwest Area
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
Southwest Area$104,750+2.4%$109,250$102,250$80,250
Cedar Rapids$128,500+4.0%$135,500$123,500$115,500
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Southwest Area Summary

The median sales price for homes in Southwest Area for Aug 09 to Oct 09 was $104,750. This represents a decline of 4.1%, or $4,500, compared to the prior quarter and an increase of 2.4% compared to the prior year. Sales prices have appreciated 30.5% over the last 5 years in Southwest Area, Cedar Rapids.

The median sales price of $104,750 for Southwest Area is 18.48% lower than the median sales price for Cedar Rapids IA. Average listing price for homes on Trulia in Southwest Area was $98,595 for the week ending Nov 25, which represents a decline of 3.8%, or $3,906 compared to the prior week and an increase of 0.4%, or $400, compared to the week ending Nov 04.

 

Average Listing Price in Southwest Area

Embed Info
1 yr 5 yr Max
Southwest Area average property price
Southwest Area – number of properties
NeighborhoodWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
Southwest Area$98,595-3.8%$102,501$98,434$98,195
Cedar Rapids$173,473+1.4%$171,042$170,709$170,161
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Popular Neighborhoods in Cedar Rapids

Neighborhoods Week ending
Nov 25
w-o-w Week ending
Nov 18
Week ending
Nov 11
Taylor 1 +2 3 5
Northwest Area 2 +6 8 3
Wellington Heights 3 -1 2 1
Southwest Area 4 +2 6 6
Cedar Hills 5 -4 1 2
Kenwood Park 6 -1 5 7
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Homes for Sale in Southwest Area

1832 Hamilton Street Southwest, Cedar Rapids IA
1832 Hamil…
$107,500
3 br  2 ba
2324 Mallory Street Southwest, Cedar Rapids IA
2324 Mallo…
$155,000
2 br  2 ba
2457 Lauren Drive Southwest, Cedar Rapids IA
2457 Lauren…
$114,900
3 br  1 ba
2401 Lauren Drive Southwest, Cedar Rapids IA
2401 Lauren…
$125,000
3 br  2 ba
2606 Fruitland Boulevard Southwest, Cedar Rapids IA
2606 Fruit…
$124,950
3 br  2 ba
2441 2nd Street Southwest, Cedar Rapids IA
2441 2nd St…
$174,900
3 br  2 ba
View all Southwest Area Homes for Sale
 
Stats & Trends
Southwest Area, Cedar Rapids

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Cedar Rapids

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Taylor
$74,750
$97,589
Oakhill Jackson
$101,000
$174,747
Wellington Heights
$72,500
$76,950
Northwest Area
$86,750
$100,309
Mound View
$94,500
$81,123
Lincolnway Village
$152,250
$141,460
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Advice

Recent Q&A in Cedar Rapids, IA

Q: I'm relocating to Cedar Rapids next summer. I'm a young, single, recent college graduate looking for a place to rent/possibly buy. 4 answers
Q: crime in neighborhhod in cedar rapids, ia 2 answers
Q: My house is valued 3% (about 6 K) more than the loan balance I currently have on my house. I am relocating 4 answers
Q: What are the most desirable neighbohoods / suburban areas / Elementary Schools in Cedar Rapids, IA. area ? 6 answers
Q: How do I stand up for my rights to ask for a fair market value of my house when a school wants the land to? 1 answer

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More Advice:
  • Recent Q&A in Cedar Rapids, IA
  • Recent blog posts in Cedar Rapids, IA
  • Find a real estate professional Cedar Rapids, IA

Nearby Neighborhoods Real Estate

  • Taylor Real Estate
  • Oakhill Jackson Real Estate
  • Cedar Valley Real Estate
  • Wellington Heights Real Estate
  • Northwest Area Real Estate
  • Mound View Real Estate

Nearby Neighborhoods Sold Homes

  • Taylor Sold Homes
  • Oakhill Jackson Sold Homes
  • Cedar Valley Sold Homes
  • Wellington Heights Sold Homes
  • Northwest Area Sold Homes
  • Mound View Sold Homes

Nearby Neighborhoods Home Prices

  • Taylor Home Prices
  • Oakhill Jackson Home Prices
  • Cedar Valley Home Prices
  • Wellington Heights Home Prices
  • Northwest Area Home Prices
  • Mound View Home Prices

Southwest Area Stats & Trends

  • Southwest Area Real Estate Overview
  • Cedar Rapids Schools
  • Cedar Rapids Community Info
  • Cedar Rapids Home Prices
  • Southwest Area Real Estate
  • Southwest Area Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Cedar Rapids real estate market. Find Cedar Rapids properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Cedar Rapids average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Cedar Rapids housing statistics are available for each Cedar Rapids, IA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.