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Des Moines Home Prices Rise 3.9% over 2011

The average sale price of a home listed in the Multiple Listing Service (MLS) rose by almost 4% in 2012 as the number of homes sold also increased.  2012 proved to be a strong year for real estate sales with 9,073 homes reported as sold as of 12/31/12.  In 2011 7,908 homes were reported sold at year end. 

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The average sale price of a Des Moines listed home in 2012 was $167,372 vs. $161,129 in 2011.  This is the third straight year of increased market values.

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