April Real Estate Community Update

This report is posted by the 15th of each month for the previous months transaction activity.

The Buyers Keep Coming… and Coming… and Coming

Here are a few bullet points about the Des Moines real estate economy as of 5/19/16:

• Number of Homes For Sale – 2,965 – DOWN 14.3%
• Number of Homes in Sale Pending Status – 3,196 – UP 13.8%
• Closed Transactions To Date – 4,326 – UP 12.9%
• Months of Inventory – 1.8 Months – DOWN 25%
• New Construction Inventory – 966 – 32.6% of Current Inventory

Entire MLS

Adel – Altoona – Ankeny – Bondurant

Carlisle – Clive – Cumming – Des Moines

Grimes – Indianola – Johnston – Norwalk

Pleasant Hill – Polk City – Urbandale – Waukee

West Des Moines – Windsor Heights