Final figures from the Iowa Association of Realtors show home sales in 2018 were pretty close to 2017. Association president, John Goede, says the sales numbers were steady with a slight increase in the average sale price.
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The median sales price was 161-thousand dollars. Homes were on the market an average of 64 days –which Goede says is around 17-percent lower than last year.
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Goede says the only concern ahead is the potential impact of interest rates.
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Goede runs his real estate business in Spencer. The number of homes sold in 2018 was 41-thousand 387 — 368 less than in 2017.