Posts from November 22nd, 2010
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22
Scott County New Home Sales Grow in 2010
Scott County year-to-date new house sales, as reported by the Quad City Area Realtor Association's Multiple Listing Service, have shown a 27.6% increase in unit sales, when compared with the first ten months of sales in 2009. The month of October saw exactly the same number of both closed and pended new house sales as recorded during October of 2009. Houses in the $225,000-$300,000 and $300,000-$400,000 prices ranges continued to show the strongest growth with a combined growth of over 32% more sales than the same period in 2009. While house sales above $400,000 have not increased, recent sales have picked up to the point where the 2010 figures are nearly now the same as 2009. While sales are up, overall new house inventory is about 10% below the levels of this time last year. Sales of new condos in Scott County have not kept pace with new house sales, as overall unit sales have slipped 11....
