A sign that we are beginning to build inventory.  This is the first time this year that new listings have taken over the daily count of pending transactions by this amount. Watch this graph next week to see if this trend continues.

Changes are coming in April as it appears that we have turned the corner on our low inventory. During the last week of March a surge of listings began to hit the market and at the same time Pending sales showed signs of an early peak. As of March 31st, we finally broke through the […]

The hottest price range during the first quarter of 2015 is the $100,000 to $200,000 price point.  27% of all homes currently for sale and 40% of sales this year have been in price range since January 1st.

So far, year to date, there have been 2,169 new listings come on the market and 2,603 have gone under contract. At that rate, every day our inventory shrinks by almost 6 properties. The market WILL turn… and soon…

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

Month to Date we have added 335 new listings to the MLS and Pended 482 sales. At this pace if no new listings came on the market, we would be out of homes to sell by Wednesday, June 17th.

177 New Listings to 267 Pending Sales… The trend continues… The same week a year ago 303 new listings came on the market.

The real estate market operates like the diagram above. One gear turns at its pace while turning other gears. At any time, one part of the market can slow down or speed up. A large pool of buyers competing for a smaller pool of sellers homes reduces inventory at a faster pace than what can […]

This week marked the first 1,000 closed transactions for 2015. That’s 18 sales per day! 182 homes were listed and 273 homes went under contract.

And the buyer spree continues!  This week 160 new listings came on the market and 236 went under contract.  Are  you thinking about selling your home?  Are you paying attention?