Observations this week: There was a nice increase in Pending Sales in the $300,000 to $400,000 price range.
I expect next weeks new listings to begin to increase as well with the warmer weather.
Total Residential Active Listings – 5070
New Listings Taken During the Last 7 Days – 250
Accepted Offers (Pendings) During the Last 7 Days – 165
Closed Transactions During the Last 7 Days – 88
Average Sale Price of Solds – $159,506
Average Days On Market of Solds – 107
Les Sulgrove, Iowa Real Estate Solutions, LLC
Data Source: Les Sulgrove, Iowa Real Estate Solutions, LLC
Des Moines Area Association of REALTORS® MLS.