Ahhh the end of the month! Many buyers choose to close near the end of the month when purchasing a home. There are reasons to close at other times of the month (less competition for closing times with your lender for one) but it seems that even REALTORS® look for that magic “month end” date when writing an offer. As a result, this weeks statistics show an increase in closed properties.
Real Estate Statistics for the week ending Friday, May 30rd, 2008 for Des Moines, Iowa and surrounding communities.
Single Family Homes
4,112 Homes Currently For Sale – Down 28 from last week.
$228,312 Average List Price
1,147 Homes Pending – Down 1 from last week.
(Offers Accepted But Not Closed Yet)
$197,102 Average List Price
77 Average Days On Market
119 Homes Closed – Up 71 from last week.
$175,213 Average Sale Price
109 Average Days On Market
Acreages
193 Homes Currently For Sale – Down 5 from last week.
$331,702 Average List Price
37 Homes Pending – Up 7 from last week.
(Offers Accepted But Not Closed Yet)
$270,176 Average List Price
91 Average Days On Market
$198,000 Average Sale Price
50 Average Days On Market
Condos & Townhomes
1,787 Homes Currently For Sale – Up 3 from last week.
$189,455 Average List Price
306 Homes Pending – Down 2 from last week.
(Offers Accepted But Not Closed Yet)
$166,948 Average List Price
125 Average Days On Market
13 Homes Closed – Up 1 from last week.
$159,621 Average Sale Price
99 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