Cedar Falls Single Family Sales Prices Increased 8 % In 2009 - KWWL - Eastern Iowa Breaking News, Weather, Closings

Cedar Falls Single Family Sales Prices Increased 8 % in 2009

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CEDAR FALLS (KWWL)

Dick Robert, long-time Cedar Valley real estate agent and owner of the Cedar Falls Real Estate Company, is predicting a drop in 2010 home sales for both Waterloo and Cedar Falls.  

Robert accurately predicted a 4-per cent decline in Waterloo home sales last year. Sales declined 4.12 % in Waterloo, while sales prices remained fairly steady. For 2010, Robert  is expecting home sales to drop 5 to 8 per cent. Robert is also predicting a 5 to 8 per cent decline in 2010 Cedar Falls home sales. Last year, Cedar Falls home sales actually went up slightly, increasing by 1.94 %.

Average sales price in Waterloo last year was $ 99, 095, remaining steady, while Cedar Falls sales prices increased 8 per cent to $ 207, 754.

Foreclosures in Black Hawk County declined slightly in 2009; from 453 in 2008 to 448 in 2009.

Online Reporter:  Ron Steele

rsteele@kwwl.com 

 

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