A New Look At The Des Moines Real Estate Market

New Reports In A Compact Format To Go!


The month of January is already in the books and since it’s a new year, I’ve stepped up my market reports! The first thing you’ll notice is that I’ve simplified many of my graphics and given them a redesign. Secondly, and I believe this will be most valuable to everyone moving forward, I’ve broken down my core stats to New Construction and Resale. I will continue to provide the full combined reports, but it’s already interesting seeing how New Construction was skewing the overall market report. Lastly, there is an exciting announcement in the works that I hope to be able to introduce during the month of February. I promise that if you are a statistics junkie, you will like what I’m working on.  No hints..

Monthly Market Snapshot as of January 31st

(Click Graphic To View Full Size)

This report contains TONS of information. First of all, it is divided into three sections. The green section on the left is Resale inventory, the blue middle section is All Properties and right section in red is New Construction. The top speedometer graphic of each group displays the current months of inventory and corresponding market type. The average days on market is also displayed. Below the speedometer graphic is an odometer displaying the year to date closed sales. The information at the bottom displays the current median sale price, for sale and pending counts and the median list prices. This report is mean to be exactly as it is named, a snapshot of the real estate market. It currently is displayed on my business Facebook page www.facebook.com/simplydesmoines every Monday evening after 6pm.

2018 Year Trend Reports
Active – Pending – Sold – Balance of the Market
Compared To 2017

(Click Graphic To View Full Size)

Months of Inventory by Buyer Pool and by Price Points

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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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