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Moline, IL

Moline, Illinois Final 2007 Real Estate Market Report: REALTOR-Assisted Home Sales Down 14.5%. But, Average Home Sales Price Up 6.4% from 2006!

Paul David Hiebing, REALTOR @ Grampp Realty/GMAC Real Estate: Quad-Cities: Real Estate Agent in Bettendorf, IA

Moline, Illinois 2007 Real Estate Market Report: 2007 REALTOR-Assisted Home Sales Down 14.5%. But, Average Home Sales Price Up 6.4% from 2006!

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Moline, Illinois 2007 REALTOR-Assisted Home Sales Down 14.5%. But, Average Home Sales Price Up 6.4% from 2006!

REALTOR-assisted "Closed" sales transactions of existing single-family homes in the city of Moline, Illinois declined by 14.5% in the the year 2007, down from 2006.

With 420 closed sales transactions of existing homes from January 1 to December 31, 2007, the Moline market showed a decrease of 61 units (14.5%) from the 2006 total of 481 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 significant increase of 6.4%: up from $102,580 in 2006, to $109,141 in 2007.

The average number of days on the market (from home listing date to sale pending date) decreased slightly as well, from 55 Days in 2006, to 51 Days in 2007, an deccrease of 7.8%.

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) increased slightly, as well, up from 95.62% in 2006 to 96.37% 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

Moline, Illinois Market Report for 2007

Lucky Lang, SRES®, Davenport, Iowa Real Estate: Real Estate Agent in Davenport, IA
Market Statistics for Moline, Illinois Real Estate Sales in the entire MLS
Statistics for: Class=RE,CO,RI,CM,LA AND Date Range=1/2007-12/2007 AND Area=43; As Of: 1/1/2008
Class Bedrooms Current Active Avg List Price Avg DOM
All All 224 $153,492 96
RE All 149 $131,497 76
RE 0-2 48 $79,875 75
RE 3-4 95 $131,475 75
RE 5+ 6 $544,816 108
CO All 40 $207,455 152
CO 0-2 24 $167,391 89
CO 3-4 16 $267,550 245
CO 5+ 0 $0 0
RI All 12 $150,308 55
CM All 9 $249,866 150
LA All 14 $174,178 156
Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
All All 956 483 50.52% $118,683 $114,057 96.10% 60 $150,872 38.49%
RE All 731 415 56.77% $113,971 $109,775 96.32% 52 $136,021 31.60%
RE 0-2 223 135 60.54% $80,958 $77,635 95.90% 51 $77,789 24.66%
RE 3-4 482 266 55.19% $126,953 $122,517 96.51% 52 $143,756 34.44%
RE 5+ 26 14 53.85% $185,650 $177,582 95.65% 58 $396,000 38.46%
CO All 107 42 39.25% $171,002 $164,506 96.20% 130 $207,713 34.58%
CO 0-2 72 28 38.89% $142,364 $138,998 97.64% 128 $169,010 34.72%
CO 3-4 35 14 40.00% $228,278 $215,521 94.41% 134 $307,235 34.29%
CO 5+ 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RI All 61 18 29.51% $130,627 $120,345 92.13% 39 $118,163 67.21%
CM All 29 3 10.34% $114,966 $109,333 95.10% 84 $321,120 106.90%
LA All 28 5 17.86% $29,540 $25,900 87.68% 226 $80,510 100.00%

It looks like we're turning the corner! This is a great time to buy a home!

For more information on what these recent market statistics from Moline, Illinois mean to you please call:

LUCKY LANG, QUAD-CITIES FAVORITE REALTOR®

Lucky Lang, Realtor ® Licensed in Iowa & Illinois

Mel Foster Co., Inc., 3211 E. 35th Street Ct., Davenport, IA 52807-2585

Cell: (563) 676-9031 Office: (563) 823-2213 Fax: (563) 459-6720 Toll Free: (800) 791-8132 Ext. 325

LuckyLang.com

Don't let this great real estate buying opportunity pass you by!!!

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Call Lucky @ (563) 676-9031