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May 2007 Home Sales in Bettendorf Iowa Drop 8.3%, Prices Decline 4.9%, From May 2006!

By
Real Estate Agent with Grampp Realty: Real Estate in the Quad-Cities Iowa : # S40848000

 Real Estate Market Report of Home Sales for May 2007 for Bettendorf, Iowa:

Grampp Sold Sign                                                 National Association of REALTORS                                                Grampp Realty/GMAC Real Estate

May 2007 Home Sales in Bettendorf Iowa Drop 8.3%, Prices Decline 4.9%, From May 2006!

REALTOR-assisted "Closed" single-family home sales in the city of Bettendorf, Iowa declined by 8.3% in the month of May 2007, down from the same period in May 2006.

With 44 closed sales transactions in May 2007, the Bettendorf market showed a decline of 4 units (8.3%) from the May 2006 total of 48 closed sales transactions.

On another discouraging note for home sellers, the average sales price of a home that closed during the same period showed a decrease of 4.9%: down from $208,006 in May 2006, to $197,864 in May 2007.

The average number of days on the market (from home listing date to sale pending date) decreased significantly, from 56 Days in May 2006, to 44 Days in May 2007. an decrease of 17.8%.

The list price to sales price ratio, (reflecting the percentage of the last recorded listing price of a property versus what the property eventually sold for) also increased slightly, from 97.6% in 2006 to 97.82% in 2007. 

The Quad-City Area market is made up of the cities of Davenport, Bettendorf, LeClaire, Eldridge and Blue Grass, in Iowa. And Moline, Rock Island, East Moline, Silvis, and Milan, in Illinois.

Please feel free to give me a call @ (563) 508-1649 for answers to any/all of your Real Estate questions!!

 "Call Paul" @ (563) 508-1649, for information on how to save thousands of dollars in unnecessary mortgage interest and lenders fees with the Iowa Finance Authortiy.

Iowa Finance Authority

Paul David Hiebing, REALTOR

"The Quad-Cities Premier First-Time Homebuyer's Specialist"

Licensed in the State of Iowa Since 2000. Licensed in the State of Illinois Since 2001.

Grampp Realty/GMAC Real Estate
2500 18th Street
Bettendorf, Iowa 52722
Website:
http://www.gmacrealestate.com/paulhiebing/
Office Phone:(563) 359-4401 Ext # 226
Cell Phone: (563) 508-1649
Office Fax: (563) 359-4405

Posted by
Paul David Hiebing, REALTOR®

"The Quad-Cities Premier First-Time Homebuyer's Specialist"
 
"Call Paul" @ (563) 508-1649 for all of your real estate needs.

Licensed Real Estate Agent in the State of Iowa 
Licensed Real Estate Broker in the State of Illinois

Grampp Realty of Bettendorf, Iowa
2500 18th Street
Bettendorf, Iowa 52722
Office Phone:(563) 359-4401 Ext # 264
Cell Phone: (563) 508-1649
Office Fax: (563) 359-4405

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