Des Moines Weekly Real Estate Statistics 7/4/08

It’s official… the 2008 is now 1/2 over.  With the 4th of July comes fireworks, family reunions and summer vacations.  This weeks photo was taken across the street from Wakonda Golf Course on the south side of Des Moines.  I liked this one because it reminds me of a carrot.This week marked the first time since I started this blog that Active residential listings dropped below 4,000.  Perhaps it is because of the holiday weekend, but fewer homes on the market is a good sign of a strengthening real estate market.

Real Estate Statistics for the week ending Friday, July 4th, 2008 for Des Moines, Iowa and surrounding communities.

Single Family Homes
3,954 Homes Currently For Sale – Down 79 from last week.
$227,819 Average List Price

1,050 Homes Pending – Down 36 from last week.

(Offers Accepted But Not Closed Yet)
$198,032 Average List Price
79 Average Days On Market

118 Homes Closed – Up 16 from last week.
$178,495 Average Sale Price
86 Average Days On Market

Acreages
194 Homes Currently For Sale – Up 3 from last week.
$327,210 Average List Price

40 Homes Pending – Down 3 from last week
(Offers Accepted But Not Closed Yet)
$278,340 Average List Price 
65 Average Days On Market

5 Homes Closed – Up 3 from last week.
$249,480 Average Sale Price
134 Average Days On Market

Condos & Townhomes
1,691 Homes Currently For Sale – Down 39 from last week.
$191,924 Average List Price

293 Homes Pending – Down 8 from last week.
(Offers Accepted But Not Closed Yet)
$165,385 Average List Price 
131 Average Days On Market

25 Homes Closed – Up 6 from last week.
$162,220 Average Sale Price
91 Average Days On Market

If you have specific questions about real estate for sales in the Des Moines area, please feel free to contact me by Clicking Here. 
Les Sulgrove, RE/MAX Real Estate Group
Information on this blog posting is for informational purposes only and not intended as solicitation if you are already working with a REALTOR®  There is no obligation or fee for any information on this blog posting.

Data Source: Les Sulgrove, RE/MAX Real Estate Group – Des Moines Area Association of REALTORS® MLS.
Des Moines Metropolitan Area defined as: Adel, Altoona, Ankeny, Bondurant, Carlisle, Clive, Des Moines, Dallas Center, Desoto, Granger, Grimes, Indianola, Johnston, Norwalk, Pleasant Hill, Polk City, Urbandale, Van Meter ,Waukee, West Des Moines, Windsor Heights, Winterset