Sales continue to strengthen here in the Des Moines area. According to the Des Moines Area Association of REALTORS® sales are up 29% in April over March of this year. At the beginning of May, I reported that there were 1,044 Single Family Home Pending Sales on the books. This week we see 1,148 Pendings – an increase of over 100 sales. Doesn’t seem like a decreasing market to me.
Real Estate Statistics for the week ending Friday, May 23rd, 2008 for Des Moines, Iowa and surrounding communities.
Single Family Homes
4,140 Homes Currently For Sale – Up 15 from last week.
$228,192 Average List Price
1,148 Homes Pending – UP 40 from last week.
(Offers Accepted But Not Closed Yet)
$194,065 Average List Price
81 Average Days On Market
48 Homes Closed – Up 5 from last week.
$152,714 Average Sale Price
100 Average Days On Market
Acreages
198 Homes Currently For Sale – Up 11 from last week.
$331,303 Average List Price
30 Homes Pending – Up 2 from last week.
(Offers Accepted But Not Closed Yet)
$255,990 Average List Price
83 Average Days On Market
$0 Average Sale Price
0 Average Days On Market
Condos & Townhomes
1,784 Homes Currently For Sale – Down 27 from last week.
$188,640 Average List Price
308 Homes Pending – Up 10 from last week.
(Offers Accepted But Not Closed Yet)
$165,505 Average List Price
122 Average Days On Market
12 Homes Closed – Up 3 from last week.
$144,115 Average Sale Price
125 Average Days On Market
If you have specific questions about real estate for sales in the Des Moines area, please feel free to contact me by Clicking Here.
Les Sulgrove, RE/MAX Real Estate Group
Information on this blog posting is for informational purposes only and not intended as solicitation if you are already working with a REALTOR® There is no obligation or fee for any information on this blog posting.
Data Source: Les Sulgrove, RE/MAX Real Estate Group – Des Moines Area Association of REALTORS® MLS.
Des Moines Metropolitan Area defined as: Adel, Altoona, Ankeny, Bondurant, Carlisle, Clive, Des Moines, Dallas Center, Desoto, Granger, Grimes, Indianola, Johnston, Norwalk, Pleasant Hill, Polk City, Urbandale, Van Meter ,Waukee, West Des Moines, Windsor Heights, Winterset
Des Moines Metropolitan Area defined as: Adel, Altoona, Ankeny, Bondurant, Carlisle, Clive, Des Moines, Dallas Center, Desoto, Granger, Grimes, Indianola, Johnston, Norwalk, Pleasant Hill, Polk City, Urbandale, Van Meter ,Waukee, West Des Moines, Windsor Heights, Winterset