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Des Moines Home Inventory At Lowest Level All Year

Des Moines Real Estate Week In Review Ending December 7th, 2012

As of December 7th, the number of homes for sale in the Des Moines area dropped to the lowest level all year long.  There are currently 4,066 homes for sale.  At the pace of our current sales, it would only take approximately 6 months to sell this amount of inventory if no other homes come on the market.

Is Des Moines at risk of selling out of homes?   Not likely….

12-7-12 Pendings

12-7-12 Actives

Total Residential Active Listings – 4,066
New Listings Taken During the Last 7 Days – 202

Current Accepted Offer Count (Pendings) 1,290
Accepted Offers (Pendings) During the Last 7 Days – 156

Closed Transactions During the Last 7 Days – 132
Average Sale Price of Solds – $174,128
Average Days On Market of Solds – 106
YTD Solds Ahead or Behind Last Year To Date – 1,276 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.

Creative Commons License
Des Moines Iowa Real Estate Statistics by Les Sulgrove is licensed under a Creative Commons Attribution-NoDerivs 3.0 United States License.

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