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2019 Regional Real Estate Activity Through March Burlington Area Cedar Rapids Area Clinton/Camanche/Fulton Area DeWitt Area Dubuque Area Galena & Galena Territory Galesburg Area Illinois Quad Cities Iowa Quad Cities Iowa City Area Muscatine/Wilton Area Southwest Wisconsin Area 2019 Regional Total

Average 2019 Sales Price

% Change in Average Sales Price from 2018

2019 Number Sold

% Change in Number Sold from 2018

2019 Sales Volume

% Change in Sales Volume from 2018

Active Listing Count 2019

$103,200 $189,100 $97,100 $176,000 $154,700 $188,100 $94,500 $122,500 $216,400 $244,400 $136,800 $149,600 $175,400

-2% +6% +12% +17% -11% -1% +12% +1% +11% +7% -7% +9% +5%

186 773 89 28 254 28 99 364 439 433 98 85 2,876

-7% -4% +25% +40% +5% 0% -7% -18% +2% -13% -10% +1% -5%

$19,202,400 $146,161,500 $8,645,800 $4,927,400 $39,293,400 $5,267,900 $9,353,300 $44,578,500 $95,003,900 $105,829,300 $13,401,800 $12,717,900 $504,383,100

-8% +1% +40% +64% -7% -1% +4% -17% +13% -7% -17% +11% -1%

426 1,020 164 21 276 216 170 604 457 1,275 139 159 4,927

% Change in Active Listings Months of from 2018 Inventory

0% +1% -23% +11% -12% -16% -21% -1% +2% +7% +24% -7% -1%

7.2 2.3 3.5 3.1 2.9 30.8 5.0 2.8 1.9 6.1 3.5 6.8

Summary of Regional Real Estate Activity

Listing Inventory

Properties Sold

$146,161,500

$144,043,400

Average Residential Sales Price Sales Volume

Cedar Rapids Area Listing Inventory: There are 1,020 residential properties listed for sale in the Cedar Rapids area, which is 1% more compared to last year when there were 1,006 properties for sale. Properties Sold: Through March this year, 773 properties sold and closed, 2 • RuhlHomes.com

DeWitt Area Listing Inventory: DeWitt’s listing inventory is up 11% from 19 properties listed for sale in 2018 to 21 properties currently for sale.

Listing Inventory

2019

2018

2018

Properties Sold

$42,118,400

2019 $154,700

2018

254

2019

2019

$39,293,400

Dubuque Area

2018

$174,000

2018 2019

$189,100

2018 2019

$178,100

2019

773

2018

809

1,020

1,006

2018 2019

Listing Inventory: There was a 23% decrease in properties listed for sale in Clinton, Camanche and Fulton; comparing 164 current listings to 212 properties for sale at the same time last year. Properties Sold: 25% more properties sold and closed in the first quarter of 2019, an increase from 71 sales in 2018 to 89 sales in 2019. Average Sales Price: The average sales price through March 2019 was $97,100, a 12% increase from the average sales price of $86,900 through March 2018. Residential Sales Volume: Sales volume increased 40%, from $6,166,500 in the first quarter of 2018 to $8,645,800 in the first quarter of 2019.

242

Cedar Rapids Area

Clinton, Camanche & Fulton Area

Properties Sold: 28 properties sold and closed during the first quarter of 2019, which was a 40% increase from 20 during the first quarter of 2018. Average Sales Price: The average sales price of homes sold through March 2019 was $176,000, 17% more than the average sales price of $150,500 through March 2018. Residential Sales Volume: Sales volume increased 64% from $3,009,600 in the first quarter of 2018 to $4,927,400 through March 2019.

276

Listing Inventory: There are 426 properties for sale in the Burlington area, which is comparable to the same time last year when there were 427. Properties Sold: There was a decrease of 7% in the number of residential properties sold in 2019, comparing 199 sales through March of 2018 to 186 sales through March of 2019. Average Sales Price: The average sales price was $103,200 through first quarter of 2019, 2% lower than the 2018 average sales price of $104,800. Residential Sales Volume: Sales volume was down 8% through March, a decrease from $20,858,500 in 2018 to $19,202,400 in 2019.

which is 4% fewer than the 809 that were sold through March 2018. Average Sales Price: The average sales price was $189,100 through March 2019, 6% more than the average sales price of $178,100 through March 2018. Residential Sales Volume: Sales volume increased 1% from $144,043,400 in 2018 to $146,161,500 in 2019.

312

Burlington Area

Average Residential Sales Price Sales Volume

Dubuque Area Listing Inventory: There are 276 residential properties listed for sale in the Dubuque area. This is a 12% decrease from the same time last year when there were 312 residential properties listed for sale. Properties Sold: 5% more properties sold and closed in the first quarter of 2019, an increase from 242 closings in 2018 to 254 closings in 2019. Average Sales Price: The average sales price of homes sold through Summary continued on page 3

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