Rock Island’s rolling three-month snapshot shows a pickup in activity, with active listings up from a year ago and months of supply now at 3.9, slightly tighter than Fort Worth’s 4.1 months. Contract flow is stronger as well, with homes sold more than doubling year over year and pending sales also posting a sharp increase.
Pricing has been adjusting as this activity builds, with the typical home value over the period at about $415,000 and the median list price around $536,000. Compared with a year earlier, list prices are down modestly, and only about 14 percent of recent sales closed above asking, while the average sale-to-list ratio sits just under 97 percent.
Time on market has shortened in this rolling three-month view, dropping to a median of 70 days from much longer marketing times seen last year. Conditions still lean toward sellers, reflected in the local seller’s market gauge, but buyers have a bit more room to negotiate than when a larger share of homes was selling over list. In this kind of evolving environment, both buyers and sellers can benefit from an Agent Pronto–recommended real estate professional who understands Rock Island’s latest trends and can guide them through the process.
