Des Moines Weekly Real Estate Statistics 5/30/08

Ahhh the end of the month!  Many buyers choose to close near the end of the month when purchasing a home.  There are reasons to close at other times of the month (less competition for closing times with  your lender for one) but it seems that even REALTORS® look for that magic “month end” date when writing an offer.  As a result, this weeks statistics show an increase in closed properties.

Real Estate Statistics for the week ending Friday, May 30rd, 2008 for Des Moines, Iowa and surrounding communities.

Single Family Homes
4,112 Homes Currently For Sale
Down 28 from last week.
$228,312 Average List Price

1,147 Homes Pending – Down 1 from last week.
(Offers Accepted But Not Closed Yet)
$197,102 Average List Price
77 Average Days On Market

119 Homes Closed – Up 71 from last week.
$175,213 Average Sale Price
109 Average Days On Market

Acreages
193 Homes Currently For Sale
Down 5 from last week.
$331,702 Average List Price

37 Homes Pending – Up 7 from last week.
(Offers Accepted But Not Closed Yet)
$270,176 Average List Price 
91 Average Days On Market

1 Homes Closed – Up 1 from last week.
$198,000 Average Sale Price
50 Average Days On Market

Condos & Townhomes
1,787 Homes Currently For Sale – Up 3 from last week.
$189,455 Average List Price

306 Homes Pending – Down 2 from last week.
(Offers Accepted But Not Closed Yet)
$166,948 Average List Price 
125 Average Days On Market

13 Homes Closed – Up 1 from last week.
$159,621 Average Sale Price
99 Average Days On Market

If you have specific questions about real estate for sales in the Des Moines area, please feel free to contact me by Clicking Here
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

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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