Real Estate Market Report of Home Sales for January-June 2007 for Rock Island, Illinois:
Rock Island, Illinois First Half 2007 Home Sales Up 1.1%, Average Sales Prices Down 9.1% from 2006!
REALTOR-assisted "Closed" single-family home sales in the city of Rock Island, Illinois increased by 1.1% in the first two quarters of 2007, up from the same period in 2006.
With 206 closed sales transactions from January 1 to June 30, 2007, the Moline market showed an increase of 2 units (1.1%) from the 2006 total of 187 closed sales transactions.
On a less happy note for home sellers, the average sales price of home sales that closed during the same period showed a significant decrease of 9.1%: down from $94,767 in 2006, to $86,102 in 2007.
The average number of days on the market (from home listing date to sale pending date) remained exactly the same, at 61 Days in both 2006 and 2007.
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) remained exactly the same at 95.1% in both 2006 and 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
Office Phone:(563) 359-4401 Ext # 226
Cell Phone: (563) 508-1649
Office Fax: (563) 359-4405