Tuesday Market Updates for the Quad Cities

 Quad Cities Real Estate Market Update – June 2025

As we move into the summer of 2025, the Quad Cities real estate market is showing signs of stabilization following a period of rapid growth. Here's an overview of current trends in Moline, Davenport, and the broader metro area.

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🏡 Moline Market: A Shift Toward Balance

In February 2025, Moline's median home price was $145,000, marking a 3.3% decrease from the previous year. Homes are now staying on the market longer, averaging 67 days compared to 29 days last year. Despite this, the number of homes sold increased by 18.2% year-over-year, indicating a growing buyer interest at more accessible price points. (redfin.com)

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🏠 Davenport Market: Modest Price Adjustments

Davenport's median home price stood at $188,250 in February 2025, a slight decrease of 0.92% from the previous year. Homes are selling at an average of 96.9% of the list price, with 27.8% of sales above asking price, reflecting a somewhat competitive market. (redfin.com)

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📈 Quad Cities Metro: Continued Growth

The broader Quad Cities metro area saw a 3.7% increase in median home prices in the third quarter of 2024, reaching $185,500. Building permit activity remains above average, with a 20.7% increase year-over-year, suggesting ongoing development and investment in the region. (quadcitieschamber.com)

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🔍 Market Outlook

Nationally, the housing market is experiencing a shift toward a buyer's market, with increased inventory and price reductions. However, the Quad Cities' relative affordability and steady demand continue to support a more balanced market locally.(marketwatch.com)

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Key Takeaways:

• Moline: Price adjustments may present opportunities for buyers.(bhg.com)

• Davenport: A competitive market with homes selling near or above list price.(redfin.com)

• Quad Cities Metro: Continued growth and development, with a steady supply of new listings.

If you're considering buying or selling in the Quad Cities, it's advisable to consult with a local real estate professional to navigate the current market dynamics effectively.

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