Des Moines Home Sales End Strong

Closed Sales Surpass 2016 With 14,603 Closed Transactions!

As 2017 officially comes to an end, there is the feeling of excitement for the 2018 spring market to arrive. Even with New Years Eve record low temperatures and warnings of windchill factors in the -28 degree range, many Realtors are busy preparing for the inevitable spring market. A year ago at this time, we were only a couple of weeks away from spring like activity. It was a mild start for temperatures last January and a year where many didn’t even start up their snowblowers. This year the ever quoted Old Farmers Almanac is predicting warmer than normal temps for January, February and March of 2018, which if true, will find Realtors, buyers and sellers out buying and selling homes soon.

In an effort to get this webpage updated on New Years Eve with the latest market data, I will be adding the recap video sometime on Monday, January 1st. I’m also working on some great new reporting data for 2018 which will be teased in the video, so come back to this page by Tuesday January 2nd for all the data from December and a preview of things to come in 2018. As always, my year end report will be released in mid-late January after all the final numbers trickle in.

Click to Play This Months Real Estate Market Update

Months of Inventory By Three Categories

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Months of Inventory by $100K Price Ranges

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Homes For Sale Inventory Finished Ahead of 2016

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Pending Sales End Year with Same Numbers as 2016

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Closed Transactions Beat 2016 By Over 600 Additional Sales

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Balance Of Market Also Ends Year At 2016 Numbers

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~Les Sulgrove, Broker

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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