Spring has sprung and so have home sales! Prices also continued to rise last month when compared to March of last year, according to the Housing Trends Report from the Iowa Association of REALTORS® (IAR).
Home sales increased 8.5 percent in March 2017 when compared to March 2016. 3,250 properties sold last month while 2,995 were sold in March 2016.
Median price climbed 5.8 percent last month when compared to March 2016. Median price is $145,000 compared to last March’s median price of $137,000.
– Mark Gavin, Iowa Association of Realtors
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