2013 Regional Real Estate Activity Chart Through March
Average 2013 Sales Price
% Change in Average Sales Price from 2012
$100,200 $161,300 $83,900 $170,900 $143,500 $143,700 $183,200 $100,100 $164,800 $180,700 $114,100 $124,300 $102,800 $77,200
+7% +8% -10% +12% +23% -3% +16% +1% -4% 0% +30% +16% -11% -26%
Burlington Area Cedar Rapids Area Clinton/Camanche/Fulton Des Moines Area DeWitt Dubuque Area Galena & Surrounding Area Illinois Quad Cities Iowa Quad Cities Iowa City Area Maquoketa/Preston/Bellevue Muscatine/Wilton Area Southwest Wisconsin Washington Area Summary continued from page 1
2013 Number Sold
105 713 67 1,651 14 140 19 382 454 345 28 113 91 24
% Change in Number Sold from 2012
+12% +12% -33% -1% -39% -2% +27% +8% +18% +1% +8% +20% +36% -14%
$10,523,400 $115,030,100 $5,623,200 $282,176,300 $2,009,700 $20,118,000 $3,480,300 $38,242,800 $74,820,700 $62,349,400 $3,193,500 $14,049,200 $9,356,700 $1,851,600
the first quarter of 2013.
volume was up 11%, an increase from $253,131,900 in 2012 to $282,176,300 in 2013.
Listing Inventory: There was a 3% increase in properties listed for sale in the Clinton, Camanche and Fulton area; comparing 298 current listings to 289 properties for sale at the same time last year. Properties Sold: 33% fewer properties sold and closed in the first quarter of 2013, a decrease from 100 sales in 2012 to 67 sales in 2013. Average Sales Price: The average sales price through March 2013 was $83,900, a 10% decrease from the average sales price of $92,900 through March 2012. Residential Sales Volume: Sales volume decreased 39%, from $9,287,800 in the first quarter of 2012 to $5,623,200 in the first quarter of 2013.
Listing Inventory: DeWitt’s listing inventory is down 25%, from 52 properties listed for sale at the same time in 2012 to 39 properties currently for sale. Properties Sold: 14 properties sold and closed during the first quarter of 2013, compared to 23 sales in 2012, a 39% decrease. Average Sales Price: The average sales price of homes sold through March 2013 was $143,500, 23% more than last year’s average sales price of $116,300. Residential Sales Volume: Sales volume decreased 25%, from $2,674,900 in 2012 to $2,009,700 in 2013.
Clinton, Camanche & Fulton
Des Moines & Surrounding Area
Listing Inventory: There are 3,243 properties for sale in Des Moines, IA and the surrounding area; a 29% decrease from the same time last year when there was 4,548 properties for sale. Properties Sold: There was a 1% decrease in the number of residential properties sold, comparing 1,665 sales in 2012 to 1,651 sales in 2013. Average Sales Price: The average sales price was $170,900 in the first quarter of 2013, a 12% increase from the 2012 average sales price of $152,000. Residential Sales Volume: Sales 2 • RuhlHomes.com
DeWitt
Dubuque Area
2013 Sales Volume
Listing Inventory: There are 507 residential properties listed for sale in the Dubuque region. This is a 17% decrease from the same time last year when there were 612 properties for sale. Properties Sold: 2% fewer properties sold and closed in the first quarter of 2013, a decrease from 143 closings through March 2012 to 140 closings through March 2013. Average Sales Price: The average sales price of homes sold through March 2013 was $143,700, a 3% decrease from the average sales price of $148,900 through March 2012. Residential Sales Volume: Sales volume for the first quarter of 2013 was
% Change in Sales Volume from 2012
+21% +21% -39% +11% -25% -6% +47% +9% +14% +2% +40% +29% +21% -37%
Active Listing Count 2013
233 1,788 298 3,243 39 507 362 792 663 1,443 77 228 364 109
% Change in Active Listings from 2012
-11% -16% +3% -29% -25% -17% +1% -6% -19% -12% -43% -12% -16% N/A
$20,118,000, down 6% from 2012’s first quarter sales volume of $21,298,000.
Galena & Surrounding Area
Listing Inventory: There are 362 properties for sale in Galena, Illinois and the surrounding area; a 1% increase in the number of properties for sale at the same time last year when there were 359 listings. Properties Sold: There was a 27% increase in the number of residential properties sold in the first quarter of 2013, comparing 15 sales in 2012 to 19 sales in 2013. Average Sales Price: The average sales price was $183,200 through March 2013, 16% higher than the $157,900 average sales price through March 2012. Residential Sales Volume: Sales volume was up 47% for the first quarter of 2013, an increase from $2,369,200 through March 2012 to $3,480,300 through March 2013.
Illinois Quad Cities
Listing Inventory: The number of properties for sale is down 6% from the same time last year; a decrease from 846 listings to 792 listings currently. Properties Sold: In the first quarter of 2013, 8% more properties sold, comparing 354 sales through March 2012 to 382 sales through March this year. Average Sales Price: The average sales price increased 1%, from $99,200 through March 2012 to $100,100 through March 2013. Summary continued on page 3