Spring is FINALLY here in Des Moines! The photo to the right is from Waterworks Park located on the south side of Des Moines. Apple Blossom trees are in full bloom. Like the Apple Blossoms, the real estate market is also in full bloom. Real estate agents are telling me that open houses are busier than they’ve been in months and buyers are out looking during the week. It’s not just the local market that is making a turn around, here is an article from the Wall Street Journal this week titled “The Housing Crisis Is Over“. This next week, I will be in Washington DC at the National Association of REALTORS® Mid-Year convention. I’m anxious to hear what is happening elsewhere in the country. I will report back next Friday!
Real Estate Statistics for the week ending Friday, May 9nd, 2008 for Des Moines, Iowa and surrounding communities.
Single Family Homes
4,088 Homes Currently For Sale – Down 29 from last week.
$228,852 Average List Price
1,082 Homes Pending - UP 38 from last week.
(Offers Accepted But Not Closed Yet)
$191,100 Average List Price
87 Average Days On Market
33 Homes Closed - Down 53 from last week.
$181,212 Average Sale Price
88 Average Days On Market
Acreages
191 Homes Currently For Sale – Up 8 from last week.
$325,067 Average List Price
27 Homes Pending - Up 3 from last week.
(Offers Accepted But Not Closed Yet)
$276,924 Average List Price
71 Average Days On Market
$345,900 Average Sale Price
235 Average Days On Market
1,803 Homes Currently For Sale – Up 3 from last week.
$187,894 Average List Price
294 Homes Pending – No Change from last week.
(Offers Accepted But Not Closed Yet)
$170,653 Average List Price
125 Average Days On Market
2 Homes Closed – Down 13 from last week.
$130,400 Average Sale Price
181 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
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
