Des Moines Weekly Real Estate Market Report
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The weekly real estate market report for the Des Moines area shows that as of September 28, 2012, there were 4,447 homes on the market, down from 5,457 the previous year. There were 1,554 homes under contract, up from 1,315 last year. For the week, 166 homes sales closed with 6,835 homes closing year-to-date, 1,137 more than in 2011.
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Des Moines Weekly Real Estate Market Report
- 1. SimplyDesMoines.com Weekly Real Estate Market Report For Des Moines and Central Iowa By Les Sulgrove, Keller Williams Greater Des Moines Week Ending September 28, 2012
- 2. • 4,447 Homes On The Market Today 5,457 Homes On The Market At This Time Last Year • 298 New Listings Taken In The Last 7 Days • The Average Price Of A Home On The Market Today Is $204,819 • Highest Price Listing Currently On The Market Is Priced At $3,500,000 SimplyDesMoines.com Weekly Real Estate Market Report Week Ending September 28, 2012
- 3. SimplyDesMoines.com Weekly Real Estate Market Report Week Ending September 28, 2012
- 4. • 1,554 Homes Under Contract Today 1,315 Homes Under Contract At This Time Last Year • 156 Offers Accepted In The Last 7 Days • The Average List Price Of A Home Under Contract Today Is $181,134 SimplyDesMoines.com Weekly Real Estate Market Report Week Ending September 28, 2012
- 5. SimplyDesMoines.com Weekly Real Estate Market Report Week Ending September 28, 2012
- 6. • 166 Home Sales Closed This Week • 6,835 Homes Have Closed Year To Date 5,698 During The Same Period Last Year • 1,137 Home Sales Ahead Of 2011 YTD • Average Sale Price Over The Last 30 Days Is $174,986 • Average Days On Market Is 105 Days SimplyDesMoines.com Weekly Real Estate Market Report Week Ending September 28, 2012
- 7. For More Information www.SimplyDesMoines.com Click On “Local Real Estate Statistics” For Monthly Recap Reports SimplyDesMoines.com Weekly Real Estate Market Report Week Ending September 28, 2012
- 8. SimplyDesMoines.com Provided By Les Sulgrove Keller Williams Greater Des Moines Home Search Site www.SearchDesMoines.com (515) 966-4663 lessulgrove@kwdsm.com Keller Williams – 10200 Hickman Ct. Ste. 100, Clive, IA 50325
Editor's Notes
- Welcome to the Weekly Real Estate Market Report for Des Moines and Central Iowa. This report is brought to you by Les Sulgrove from Keller Williams Greater Des Moines. These stats and more can be found at Simply Des Moines Dot Com.
- For the week ending September 28, 2012, the Des Moines Area Association of Realtors have 4,447 homes currently for sale. The number of homes for sale is down by over 1,000 from the same time last year when inventory levels were around 5,400. 298 new listings were taken this past week and the average list price of a home on the market today is $204,819. The highest price listing currently for sale in our market is 3.5 million dollars and is located in the South of Grand neighborhood of Des Moines.
- The price range with the most inventory is the $100 to $200 thousand price range with 1,768 homes currently for sale almost 1,000 homes for sale under $100 thousand dollars.
- Homes under contract in our market are also known as Pending sales. As this week ended, there were 1,554 Pendings in the Multiple Listing Service. We are over 200 Pendings ahead of the same time last year. 156 Offers were accepted during the last 7 days with an average list price of all Pendings today coming in at just over $181,000.
- Of the 156 Pending sales, 61 were between $100 and $200 thousand giving you the best odds of selling your home if it is listed in the $100 to $200 thousand dollar price range.
- 166 homes closed this week bringing our year to date total up to 6,835. We continue to be over 1,100 sales ahead of 2011 year to date business and our average sale price remains higher as well at $174,900.
- For More Information On Real Estate Market Conditions For The Des Moines Area, Go To www.SimplyDesMoines.com. While There, Be Sure And Click On Local Real Estate Statistics For Monthly Recap Reports.Les Sulgrove is a licensed REALTOR in the state of Iowa and is a member of the Des Moines Area Association of REALTORS, Iowa Association of REALTORS and the National Association of REALTORS.
- Real Estate Market Report Is Provided By Les Sulgrove at Keller Williams Greater Des Moines and is produced weekly. Les’ home search website is Search Des Moines Dot Com. Les can be reached by Phone at 515-966-4663 or by Email – Les Sulgrove At KWDSM Dot Com. You can also follow Les on Twitter or find him on Facebook at Facebook Dot Com Slash Simply Des Moines.