Des Moines Real Estate Sales Continue To Impress Buyers And Sellers

October Proves To Be More Treats Than Tricks

The old saying about Iowa weather “If you don’t like the weather, wait an hour” has been very true this October. There aren’t many other places in the country where you have a high temperature of 85 degrees and just 3 weeks later have a low of 33 degrees.

This months email is missing the video market report because I am publishing this from the shores of Chicago. The National Association of REALTORS convention begins later in the week and I am in town early for an additional two day mastermind session with my fellow Real Estate CyberProfessionals! This group has been meeting twice per year since 1995 with the focus on technology and staying ahead of the curve marketing the home buyers an sellers. I will produce the video October recap when I return and send a bonus email. So in the meantime, take a look at October’s reports. Pay close attention to the trends of the Homes For Sale inventory. We have turned the corner on record low inventory FINALLY!

Months of Inventory By Three Categories

(Click Graph To Download)

Months of Inventory by $100K Price Ranges

(Click Graph To Download)

Homes For Sale Inventory Peaks In October

(Click Graph To Download)

Pending Sales Slowing For Upcoming Holiday Season

(Click Graph To Download)

Closed Transactions Well On Track To Surpass 2016

(Click Graph To Download)

Market Balance Remains In Sellers Column Through October

(Click Graph To Download)

~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.

Market Statistics, , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *