Ballard New Construction Round Up - Q1 2020

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Knowing the most important data such as the current homes for sale, average sales price, number of homes sold, and days on market will better prepare you to sell your home.

Our Ballard new construction market roundup is an easy way to understand and showcase everything you need to know about local real estate trends.


Q1 Ballard New Construction Market Round-Up

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8

Current active listings


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4

Number of homes sold


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104

Average days on Market


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$347,081

Average sales price


A few stats that stood out to us:

1️⃣ 22% of homes sold in Q1 were new construction

2️⃣ 54% of current active listings are new construction

3️⃣ Listings range from $211,000 to $384,824


If selling your home is on your list of things to do this year it’s good to know who your competition is. Since new construction is such a huge player in the Central Iowa real estate market it’s a good idea to keep an eye on what’s going on in the new construction space, as well as the resale market.

And with stats like these chances are if you’re in the market for a new home this year you’ll be checking out a few new construction homes on search.

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2020 Buyer Trends