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Monday, November 25, 2024

Silvis home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Silvis fell by $33,500 while total sales decreased by 64.3%, according to BlockShopper.com.

In August 2018, there were five homes sold, with a median sale price of $89,000 - a 27.3% decrease over the $122,500 median sale price for the same period of the previous year. There were 14 homes sold in Silvis in August 2017.

The median sales tax in Silvis for the most recent year with available data, 2017, was $2,506, approximately 2.8% of the median home sale price for August 2018.

The following table compares Silvis to other Rock Island County cities in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Port Byron13-66.7%$240,000$255,900-6.2%
Coal Valley113-92.3%$175,000$185,000-5.4%
Hampton36-50%$165,000$172,500-4.3%
Fruitland10-$148,500$0-
East Moline1435-60%$130,000$95,00036.8%
Moline20104-80.8%$117,500$94,95023.7%
Milan410-60%$99,250$109,000-8.9%
Silvis514-64.3%$89,000$122,500-27.3%
Rock Island1373-82.2%$86,500$85,0001.8%
Rapids City110%$65,000$300,000-78.3%
Reynolds12-50%$65,000$78,430-17.1%
Carbon Cliff02-100%$0$100,000-100%
Hillsdale01-100%$0$85,000-100%
Edgington00-$0$0-
Taylor Ridge04-100%$0$242,450-100%
Andalusia00-$0$0-
Cordova02-100%$0$198,950-100%
Illinois City00-$0$0-
Coyne Center02-100%$0$156,500-100%

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