Des Moines Real Estate Statistics 3-27-09

Week Ending March 27, 2009

This past week, the Iowa Association of REALTORS held their annual Legislative Bus-In day event.   Around 300 REALTORS attended the event from around the state including 85 from The Des Moines Area Association of REALTORS.

The event started out with a luncheon with keynote speaker John Tuccillo.  Tuccillo is one of the foremost real estate and housing finance economists in the United States.  He is also former Chief Economist for the National Association of REALTORS. 

Tuccillo predicts that the current economic recession will last until late August or early September of this year with home mortgage interest rates remaining low until the first months of 2010.  Home sales will also begin to recover in the third quarter of this year and pricing will not begin to rise until the first of the new year.

During the afternoon session at the state capital, the Des Moines contingency of REALTORS met with Senator Larry Noble and Representatives Chris Hagenow and Kent Sornsen who made time to come and discuss the issues with our members.  These issues of interest include: Lead Based Paint legislation, Local Option Sales Taxes & Impact Fees, Homestead Property Taxes and Real Estate Transfer Taxes.

Total Number of Homes For Sale in the Des Moines Area – 5008
New Listings Taken During the Last 7 Days – 293
Accepted Offers (Pendings) During the Last 7 Days – 154
Homes Closed (Solds) During the Last 7 Days – 69
Average Sale Price of Solds – $164,450
Average Days On Market of Solds – 98

If you would like to search for homes in the Des Moines area, feel free to visit my website.  I don’t require a login or password and collect no information about you.  You can always contact me if you have questions. 

Click Here to begin your own home search or go to http://search.homesbyles.iow.mlxchange.com   
 

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 Real Estate Roundup Week Ending 3-20-09

Week Ending March 20, 2009

As the first day of Spring arrives, so do new resolutions… I know, you’re saying.. “wait a minute… resolutions are for New Years”… well in my book, it’s never too late for doing something healthy.

The last couple weeks I’ve been ramping up my new resolution, “Walking”.  My wife and I along with our two dogs Katie & Willie took advantage of the nice weather and, well, one thing led to another and I’m now finding myself addicted to walking.  Alright, maybe not addicted, but certainly enthused.  Yesterday I bought a new gadget.  A high tech multifunction “Accusplit Eagle” pedometer!  Don’t ask me why they gave a device specific to walking a name with the word “Eagle” in it.

Today, I decided that I would spend my lunch half-hour out on a walk near my office.  There is a park a few blocks from RE/MAX as well as a great walking trail along Walnut Creek.  I was able to make a nice loop in the 30 minutes away.  My terrific little pedometer said that I walked just over 1 1/2 miles!  Of course, the first thing I did was to search Google for a map that allowed me to measure distance… Here’s what I found: http://www.fosc.org/FindDistance.htm   The map defaults to Silver Spring, Maryland, but you can zoom out and re-select your own state, city and neighborhood.   I measured the distance and Accusplit Eagle was RIGHT!  1.64 miles!

The trail we walk at home each night measures out to just under 1 1/2 miles, so Today – The First Official Day of Spring – I walked over 3 miles and over 10,000 steps. (10,569 to be exact)

Total Number of Homes For Sale in the Des Moines Area – 4977
New Listings Taken During the Last 7 Days – 245
Accepted Offers (Pendings) During the Last 7 Days – 143
Homes Closed (Solds) During the Last 7 Days – 82
Average Sale Price of Solds – $160,416
Average Days On Market of Solds – 125

If you would like to search for homes in the Des Moines area, feel free to visit my website.  I don’t require a login or password and collect no information about you.  You can always contact me if you have questions.

Click Here to begin your own home search or go to http://search.homesbyles.iow.mlxchange.com  
 

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 Real Estate Roundup Week Ending 3-13-09

Week Ending March 13, 2009

MLS Statistics are out for February.  Below are two charts indicating the Pulse of the Real Estate Market. 

Where does your home fit in? 

Total Number of Homes For Sale in the Des Moines Area – 4984
New Listings Taken During the Last 7 Days – 290
Accepted Offers (Pendings) During the Last 7 Days – 116
Homes Closed (Solds) During the Last 7 Days – 57
Average Sale Price of Solds – $157,039
Average Days On Market of Solds – 111

If you would like to search for homes in the Des Moines area, feel free to visit my website.  I don’t require a login or password and collect no information about you.  You can always contact me if you have questions.  Click Here to begin your own home search or go to http://search.homesbyles.iow.mlxchange.com     

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

Caption Contest

Caption Contest, originally uploaded by lessulgrove.

“…..You put your right foot in.. you put your right foot out…”

Des Moines Real Estate Roundup Week Ending 3-6-09

Even though we had record temperatures in the 70’s this week, there is still a layer of ice at Waterworks Park.  Fortunately, this Canadian Goose was doing her part to flap her wings to warm the water.  The large building in the background is 801 Grand, Principal Financial Group’s flagship building and Iowa’s tallest office structure.

 

Total Number of Homes For Sale in the Des Moines Area – 4957
New Listings Taken During the Last 7 Days – 334
Accepted Offers (Pendings) During the Last 7 Days – 135
Homes Closed (Solds) During the Last 7 Days – 86
Average Sale Price of Solds – $164,107
Average Days On Market of Solds – 80
If you would like to search for homes in the Des Moines area, feel free to visit my website.  I don’t require a login or password and collect no information about you.  You can always contact me if you have questions.  Click Here to begin your own home search or go to http://search.homesbyles.iow.mlxchange.com   
 

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