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The September Bump

Every year after the kids go back to school and vacations have ended, the real estate market experiences what we call “The September Bump”.  The number of accepted offers increase as shown below.  Click on the graphic for the full report.

PendingGraphic9-14-12

9-14-12 Pendings

9-14-12 Actives

 

Total Residential Active Listings – 4,521       
New Listings Taken During the Last 7 Days – 260       

Current Accepted Offer Count (Pendings) 1,625
Accepted Offers (Pendings) During the Last 7 Days – 175

Closed Transactions During the Last 7 Days – 114
Average Sale Price of Solds – $188,344
Average Days On Market of Solds – 93
YTD Solds Ahead or Behind Last Year To Date – 1,080 Ahead

Les Sulgrove, Keller Williams Greater Des Moines
 
Data Source: Les Sulgrove, Keller Williams Greater Des Moines
10200 Hickman Ct., #100, Clive, IA 50325
Des Moines Area Association of REALTORS® MLS.

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