Real Estate Market Report of Home Sales for January-September 2007 for Moline, Illinois:
Moline, Illinois First Through Third Quarter 2007 Home Sales Down 18.1%, Average Home Sales Price Up 5.3% from 2006!
REALTOR-assisted "Closed" single-family home sales in the city of Moline, Illinois decreased by 18.1% in the first two quarters of 2007, down from the same period in 2006.
With 369 closed sales transactions from January 1 to September 30, 2007, the Moline market showed a decrease of 81 units (18.1%) from the 2006 total of 450 closed sales transactions.
On a slightly happier note for home sellers, the average sales price of home sales that closed during the same period showed a slight increase of 5.3%: up from $105,254 in 2006, to $110,912 in 2007.
The average number of days on the market (from home listing date to sale pending date) decreased slightly as well, from 65 Days in 2006, to 60 Days in 2007, an deccrease of 7.7%.
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) increased slightly, up from 95.96% in 2006 to 96.19% 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!!
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 # 264
Cell Phone: (563) 508-1649
Office Fax: (563) 359-4405
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