Regional New Construction Home Sales Through December Cedar Rapids Area Houses Condos/Villas Dubuque Area Houses Condos/Villas Illinois Quad Cities (Rock Island County) Houses Condos/Villas Iowa Quad Cities (Scott County) Houses Condos/Villas Iowa City Area Houses Condos/Villas Total Regional Combined
Active Inventory 12/31/11
198 108 90 59 44 15 24 7 17 90 47 43 162 51 111 533
Active Inventory 12/31/12
137 91 46 47 37 10 27 6 21 91 48 43 159 89 70 461
Active Inventory 12/31/13
162 102 60 37 31 6 14 3 11 112 65 47 159 105 54 484
% Change in Inventory from 2012
Sales 2011
+18% +12% +30% -21% -16% -40% -48% -50% -48% +23% +35% +9% 0% +18% -23% +5%
330 217 113 58 55 3 21 9 12 207 138 69 347 173 174 963
Sales 2012
341 213 128 98 92 6 17 12 5 250 174 76 438 226 212 1,144
Sales 2013
342 223 119 68 66 2 9 7 2 255 197 58 443 247 196 1,117
% Change in Sales from 2012
0% +5% -7% -31% -28% -67% -47% -42% -60% +2% +13% -24% +1% +9% -8% -2%
Ruhl&Ruhl Realtors Invests in NAI Ruhl Commercial Company Ruhl&Ruhl Realtors and John Ruhl have joined forces to create a new commercial real estate company – NAI Ruhl Commercial Company. They acquired the assets of the former NAI Ruhl & Ruhl Commercial Company and merged in Premier Partners, the 3rd largest firm in the market. NAI Ruhl Commercial Company is the largest commercial real estate company in the region, with a 49.3% market share in 2013 and over $138,000,000 in closed sales. Their property management department, led by Laurie Peters, manages 56 properties for a total of 1,576,673 total managed square
feet. The company has 19 highly experienced real estate brokers, a maintenance staff of five, a growing property management and accounting team of seven, and four professional staff members. “We have an energized team ready to take 2014 by storm,” John Ruhl Caroline Ruhl Chris Beason President President Partner notes John Ruhl, President NAI Ruhl Commercial Ruhl&Ruhl NAI Ruhl Commercial of NAI Ruhl Commercial Company Realtors Company Company. NAI Ruhl Commercial Company is the and serving eastern Iowa, western region’s leading commercial real estate Illinois and southwest Wisconsin. We firm specializing in commercial real reach markets worldwide with our estate brokerage, consulting, corporate partnership with NAI Global, which services, property allows our agents to market properties management, nationally and internationally. development, and For further information, please visit: maintenance services RuhlCommercial.com, MyRuhl.com, with offices in the or RuhlHomes.com. Quad Cities region,
Combined Iowa & Illinois Quad Cities MLS Statistics Through December Current MLS Listings Average Sales Price Total Sales Volume Total # of Sales YTD 6 • RuhlHomes.com
2009
2010
2011
2012
2013
1,688 $138,400 $525,336,800 3,796
1,857 $141,300 $502,880,800 3,558
1,788 $137,600 $480,686,900 3,493
1,535 $147,100 $586,213,100 3,984
1,566 $146,900 $627,893,900 4,274
% Change 2012 vs. 2013 +2% 0% +7% +7%