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Des Moines Real Estate Statistics Week Ending 4-17-09

Week Ending April 17, 2009

We’re almost to the end of the first quarter of 2009 and things are looking up for Des Moines area real estate!  The chart below shows two lines of data.  The top blue line represents offers written since January 1st.  The bottom red line represents properties that have sold or closed since the first of the year.

January 1st there were 675 homes in the Pending status.  As of April 17th, there were 1,364.  That is an increase of over 200%.

January 1st Solds were at 369 homes.  April 17th Solds are at 503 which translates into a little over 136% increase!YTD Trend

Here’s what has happened in the real estate market this past week.

Total Number of Homes For Sale in the Des Moines Area – 4,994
New Listings Taken During the Last 7 Days – 257
Accepted Offers (Pendings) During the Last 7 Days – 129
Homes Closed (Solds) During the Last 7 Days – 89
Average Sale Price of Solds – $159,617
Average Days On Market of Solds – 79
If you would like to search for homes in the Des Moines area, feel free to visit my website.  I don’t require a login or password and collect no information about you.  You can always contact me if you have questions. 
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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

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