Summertime heat. Summertime Thunderstorms. We seem to be in that cycle of HOT daytime temperatures followed by evening thunderstorms. The real estate market is also showing signs of heating up. We are in our third week in a row with Active listing counts below the 4,000 level.
In the next couple weeks, I’m going to be changing the statistics that I post to more accurately reflect the state of the market. The focus will be on offers written and accepted each week. In the meantime, here are this weeks stats!
Real Estate Statistics for the week ending Friday, July 18th, 2008 for Des Moines, Iowa and surrounding communities.
Single Family Homes
3,949 Homes Currently For Sale – Down 22 from last week.
$226,281 Average List Price
1,036 Homes Pending – Up 16 from last week.
(Offers Accepted But Not Closed Yet)
$199,094 Average List Price
78 Average Days On Market
85 Homes Closed – Up 42 from last week.
$170,213 Average Sale Price
71 Average Days On Market
Acreages
189 Homes Currently For Sale – Down 4 from last week.
$334,733 Average List Price
43 Homes Pending – Up 3 from last week
(Offers Accepted But Not Closed Yet)
$299,179 Average List Price
61 Average Days On Market
$290,000 Average Sale Price
117 Average Days On Market
Condos & Townhomes
1,659 Homes Currently For Sale – Down 44 from last week.
$187,909 Average List Price
292 Homes Pending – Down 9 from last week.
(Offers Accepted But Not Closed Yet)
$168,386 Average List Price
121 Average Days On Market
29 Homes Closed – Up 13 from last week.
$169,772 Average Sale Price
170 Average Days On Market