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?
This week 188 new listings came on the market contrasted by 237 coming off because of happy home buyers and sellers! Next week, make it a goal to be a happy seller too!
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 […]
Pending transactions have outpaced New Daily Listings 6 of 7 days this past week.
January left with a fury (not flurry) and February is starting with weather delays and cancellations. Don’t underestimate the momentum of the Des Moines real estate market. The stats don’t lie! Be sure and check out the Balance of the Market report. Typically we are in a Buyers Market at the beginning of the year, […]