The Clinton Herald, Clinton, Iowa

Clinton

February 22, 2013

Home sales don’t match state’s pace

January sales buck trend from 2012 in Clinton

CLINTON — While the Iowa housing market saw improvement last month, sales in the Clinton market dropped by more than 50 percent in January compared to the same month a year prior, a new report from the Iowa Association of Realtors shows.

Iowa home sales increased by 14.7 percent last month when compared to January a year earlier. This January, 1,898 homes were sold in Iowa compared to 1,655 last January. Clinton was one of 16 out of 44 realtor boards in the state that did not show an increase.

Last month Clinton home sales dropped by 55.9 percent to 15 homes sold when compared January a year prior.

In December, 32 homes were sold in the Clinton market.  Overall last year, the Clinton market had a 16.8 percent increase in homes sold compared to 2011.  

Across Iowa, home sales increased for the last 18 out of 19 months.  

The Clinton market had a little more than 200 listings, which is average for this time of year, Clinton Board of Realtors CEO Kay Merino said.   

Merino said January is a slow month for the area. She contributed the 34 homes sold in January 2012 to the mild winter. Once the winter drab disappears, the local market sees an uptick.

“Usually during winter months things slow down, but things speed up in April,” Merino said. “It’s like spring fever for us.”

Merino said the pending opening of the Thomson, Ill., Prison is expected to have a positive affect on the local housing market, but that bump has yet to be seen.

Average sale prices for homes sold in the Clinton market in January were also down when compared to January a year earlier. The average sale price of a home was $72,347 last month, a 16.2 percent decrease compared to the $86,379 in January 2012. Median sale prices in the Clinton market also decreased last month by 6.5 percent to $56,100.  

In Iowa, the average sale price of a home increased by 6.3 percent compared to January 2012 to $136,183. The median home price in Iowa for January 2013 was $108,199, up 7.3 percent from last January.

The Clinton market did experience some positive change last month. Clinton was one of 27 boards to report a decrease in the number of days a house sat on the market when compared to January 2012. The average days on the market was 74, down 23.9 percent from 97 days on the market a year earlier.  

The Clinton market also had a lower days on the market average than the state, which had an average of 102 days.

1
Text Only
Clinton
  • 4-15-14 jail photo County hears jail proposal

    CLINTON -- A needs assessment study on the Clinton County Jail and communications department is bringing forth more questions on how the city and county will proceed. Former Clinton County Justice Coordinating Commission Coordinator Brian McKenrick a

    April 15, 2014 1 Photo

  • Sex abuse trial under way in Clinton CLINTON -- Prosecutors will present their case today in the trial of a Clinton man accused of sexual abusing a 3-year-old girl. The trial against Russell S. McColley, 39, began late Monday afternoon. He is charged with second-degree sexual abuse, a c

    April 15, 2014

  • 4-15-14 Clinton School Board Meeting School board finalizes new budget, cuts positions CLINTON -- Cutting 11 district staff positions to make up for a $636,000 shortfall wasn't an easy task for the Clinton School Board, but was a necessary step in balancing the 2014-2015 budget. That budget received unanimous approval Monday as Clinton

    April 15, 2014 1 Photo

  • Gateway to Octagon CLINTON -- Todd Monaghan isn't the type who most would consider a fighter, but that's exactly what his next mission is. Monaghan, a Clinton native, will compete in Fox Sports 1's latest edition of The Ultimate Fighter, which begins Wednesday at 9 p.m

    April 15, 2014

  • Clinton hammered in road-trip opener DAYTON, Ohio -- Gloomy skies, gloomy performance. The Clinton LumberKings began a six-game road trip Monday night against the Midwest League Eastern Division-leading Dayton Dragons with a 13-5 loss. The Dragons scored two runs in the first inning and

    April 15, 2014

  • AGENDA: Traffic Study Commission

    The Traffic Study Commission will meet tomorrow at 4:45 in the City Council Chambers. Click on the link below to view the agenda.

    April 14, 2014

  • AGENDA: Clinton Community School Board

    The Clinton Community School Board will meet tonight at 5 p.m. at the Clinton Administration Center.

    Click the link below to view the meeting agenda.

    April 14, 2014

  • Tonight's CHS soccer match postponed

    The Clinton High School boys' soccer match against West Liberty scheduled for tonight has been postponed. The match is rescheduled for April 25 at Clinton High School starting at 5:00 p.m.

    April 14, 2014

  • IMG_1031.jpg Legislators: Session lacks productivity

    CLINTON -- Iowa legislators are frustrated with the way this year's session has unfolded, but not everything has come with disappointing results. During a legislative coffee gathering Saturday, Sen. Rita Hart, Rep. Steve Olson and Rep. Mary Wolfe exp

    April 14, 2014 1 Photo

  • Women's Expo set for Tuesday at Wild Rose CLINTON -- It is time again to gather the girlfriends and head out to the Ultimate Spring Women's Expo at the Wild Rose Event Center in Clinton. The third annual expo from 5:30 p.m. to 8 p.m. Tuesday, hosted by the Clinton Herald, offers an opportuni

    April 14, 2014

Clinton Herald Photos


Browse, buy and submit pictures with our photo site.

Facebook