Eldridge and Park View, Iowa 2007 Real Estate Market Report: REALTOR-Assisted Home Sales Increase 22.8%, and Average Home Sales Price Up 7.1% from 2006!
Eldridge and Park View, Iowa REALTOR-Assisted Home Sales Increase 22.8%, and Average Home Sales Price Up 7.1% from 2006! !
REALTOR-assisted "Closed" sales transactions of existing single-family homes int he cities of Eldridge and Park View, Iowa increased by an impressive 22.8% in the the year 2007, up from 2006.
With 86 closed sales transactions of existing homes from January 1 to December 31, 2007, the Eldridge and Park View markets showed an increase of 16 units (22.8%) from the 2006 total of 70 closed sales transactions.
On an even happier note for home sellers, the average sales price of home sales that closed during the same period showed a significant increase of 7.1%: up from $184,921 in 2006, to $197,999 in 2007.
The average number of days on the market (from home listing date to sale pending date) increased slightly as well, from 51 Days in 2006, to 54 Days in 2007, an inccrease of 5.8%.
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) decreased slightly, from 97.92% in 2006 to 96.8% 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 $ave Big with 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
Office Phone:(563) 359-4401 Ext # 264
Cell Phone: (563) 508-1649
Office Fax: (563) 359-4405