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New Housing Starts / Statisics

 


Every home owner wants to know what is “going on” in their town or regional market and Ruhl&Ruhl REALTORS is dedicated to being your source of market information.  We routinely track, compile and distribute real estate activity information in all our markets, whether it involves new construction or existing homes.  The information that follows is designed to give you overall market area information.  For more detailed information about your town, neighborhood, street or individual home – contact your Ruhl&Ruhl REALTOR.

 

New Construction Reports:

New Housing Starts - All Markets June '09

New Construction MLS Activity Report - Quad Cities June '09

New Construction MLS Activity Report - Quad Cities May '09

New Construction Sales Summary - Quad Cities

New Construction MLS Activity Report - Dubuque June '09

New Construction MLS Activity Report - Iowa City 2008

New Construction MLS Activity Report - Coralville and Tiffin 2008

New Construction MLS Activity Report - Outlying Iowa City 2008

New Construction MLS Activity Report - North Liberty 2008


 

New Construction Sales Summary - Quad Cities  June '09

 

New Construction Summary

Units sold in 2008 through June

Units sold in 2009 through June

Percent Change

Illinois - Totals

21

18

- 14%

Homes

12

6

- 50%

Condos

9

12

+ 33%

Iowa - Totals

128

89

- 31%

Homes

92

55

- 40%

Condos

36

34

- 6%


Strongest Market Segments*

  • llinois
    • Homes between $225K - $300K made up over 66% of all home sales (4 of 6) YTD
    • Condos between $0 - $175K made up over 58% of all condo sales (7 of 12) YTD
  • Iowa
    • Homes between $225K - $300K made up 60% of all home sales (33 of 55) YTD
    • Condos between $0 - $175K made up over 58% of all condo sales (20 of 34) YTD
  • Condos Overall: $0 - $175K made up over 25% of all sales (27 of 107) YTD. 
  • Over Condo sales are up 2% from 2008 YTD


Weakest Market Segments*

  • Illinois
    • Homes: only 5 sales since of  homes above $400K since 1/1/05
    • Condos between $225K - $300K has 33 months of inventory available
  • Iowa
    • Homes only 2 sales between $0 - $175K YTD in 2009; $500K - $700K has 21 months of inventory
    • Condos: only 1 sale above $300K YTD and almost 2 years of inventory available
  • Homes Overall: all home sales were down 41% (61 v. 104) from 2008 YTD

    YTD = Year to Date 
    * All information is on New Construction homes and condos taken from the the Quad Cities Area REALTOR Association.