The housing market in East Moline continues to see strong price appreciation, with values up 12.4% compared to last year. Home prices have decreased 6.9% in the past month. With 2.0 months of supply, East Moline's inventory levels remain relatively tight. Homes are taking about 32 days to sell, which is 7 days longer than this time last year. A significant 22.2% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 22.2% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the East Moline market with the affordability index at 35.7. Looking ahead, the East Moline market is expected to maintain its current trajectory with relatively stable conditions.
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