Tuesday, February 7, 2023 / by Molly Mekus
The Quad Cities housing market has seen strong growth in the past few years, and in February 2023, it remains a vibrant and attractive market. The area has seen steady increases in home prices, as well as increased demand for homes.
One of the reasons why our housing market is so strong is because of the diverse economy of the region. It offers a wide range of job opportunities, making it an attractive place to live and work. The area also offers a variety of housing options, including single-family homes, townhouses, condominiums, and apartments. This variety of housing means that there is something for everyone in the housing market.
The Quad Cities also offers a variety of amenities and features. There are plenty of parks and recreational activities, as well as shopping, dining, and entertainment options. Additionally, the area is well-served by public transportation, making it easy to get around.
In addition, the Quad Cities also offers a variety of price points. Homes are available in a range of prices, from affordable starter homes to luxury estates. This means that regardless of your budget, you can find a home that fits your needs. On the seller side, there is still a shortage of home inventory which still provides a competitive market as while the buyer pool is smaller, it is very strong. On the buyer side, we are seeing a little less competition than the previous years, but buyers are gaining back the ability to be competitive without giving up having to forgo concessions or inspections.
Overall, our housing market is an attractive and vibrant market in February 2023. With its diverse economy, wide range of housing options, and plenty of amenities, it’s no surprise that the area is seeing strong growth and demand. Whether you’re looking to buy your first home, upgrade to a larger home, or invest in real estate, the Quad Cities market has something for everyone.
Have additional questions or would like to set up a meeting? Contact your favorite Local Realtors, Molly Mekus and Sara DeWulf for all your real estate needs!
Molly Mekus - REALTOR
Mel Foster Co Licensed in IA and IL
Sara DeWulf - REALTOR
Mel Foster Co
Licensed in IA and IL