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2019 Des Moines Real Estate Year Ends Strong

Warm December Keeps Buyers, Sellers and Realtors Busy

Closed sales for 2019 missed 2018 numbers by less than 1/2 of a percent as December 31st arrived but it could have been much farther away if it weren’t due to an active real estate market and an unusually warm December.

Two categories, Single Family Resale homes and Condo/Townhome New Construction homes, surpassed 2018 units sold, but a dip of 139 in sales of existing Condo/Townhome homes ended up being the main reason that we were 84 sales short this year. Now don’t get too depressed.. there are still sales that closed in 2019 but just haven’t been reported to the Multiple Listing Service (MLS) yet.

This Report Is A Snapshot In Time

Occasionally I will be asked why my statistics don’t match up to other reporting sources in our market. The simple answer is most reports wait for about 10 days after the end of the month for all sales to be entered into the MLS. Those reports also summarize what happened over the past month. The basis of my reporting is looking at a specific consistent date and in most cases comparing either to the previous month or previous years.

New Report Formats and New Location for 2020 Market Updates

Beginning with my January market report (it publishes February 1st), I will have two monthly market updates. On the first of each month will be a simple set of charts that show a snapshot of the real estate market as of the last day of the previous month. February 1st, 2020 will display January 31st, 2020.

AND beginning February 15th, I will introduce a new mid-month follow-up that will give a detailed analysis of January activity. In some reports, I will focus on trending activity which will help point out what direction the real estate market is currently heading. In other reports, I may show much longer trend reports. Perhaps a year back or several years.

SimplyDesMoinesStats.com Will Be The New Home Just For Local Des Moines Real Estate Stats!

The biggest news is that I am transitioning away from my real estate blog website where I have delivered these statistics since May of 2008. Starting with the January month end report on February 1st, you will find all of my real estate market statistics and more at SimplyDesMoinesStats.com

Here is the last format version of Des Moines real estate market stats on this website!


Recap of real estate activity for December 2019

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December Metro Single Family Resale Data

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December Metro Condo/Townhome Resale Data

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December Metro Single Family New Construction Data

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December Metro Condo/Townhome New Construction Data

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Click This Link for the 2018 Des Moines Real Estate Year End Market Recap

~Les Sulgrove, Vice President
VIA Group REALTORS


If you are interested in selling your home or purchasing a home, give me a call! I will help you determine your best strategy based on your local market data.

About Les Sulgrove

Les is an Iowa native born in Des Moines and raised in the southwest Iowa town of Bridgewater. He has been a resident of Des Moines since 1982 and has been married to his wife Linda for over 35 years. Together they have 3 grown children, 7 grandchildren and make their home on Des Moines south side. He has been a licensed REALTOR® since 1990 and is Vice President at VIA Group, REALTORS®. Les is the 2011 Past President of the Des Moines Area Association of REALTORS® (DMAAR) and received the award of Salesperson of the Year by DMAAR in 2007 for his involvement and service to the Association. Additionally, he is active at the Iowa Association of REALTORS® and serves on local, state and national committees. He also owns and operates the national technology networking group CyberProfessionals. This group of real estate professionals meets twice annually across the United States to learn from each other and share new marketing ideas with heavy emphasis on current and future technologies and their use in the real estate business. Les’ hobbies include golf, photography and sarcastic humor. He and Linda spend many Saturday mornings from Spring to Fall at the Des Moines Downtown Farmers Market. He enjoys spoiling his grandchildren at every opportunity.

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