October 2014 Des Moines Market Snapshot

“Knock Knock”
“Who’s There?”
“Sweet Deals”
“Sweet Deals For Who?”sweet candy house idea real for estate business 3d illustration

“Sweet Deals For Home Buyers
As We Move Toward The End Of The Year!”

Balance of the Market is Shifting!

I was working with a first time home buyer this past week and she asked me when the best time of year to buy a house was. My initial answer was “Whenever you are ready to buy!” which is true. But are there times of the year that favor buyers or sellers? Typically the month of November is when our market makes a dramatic change from an even market into a buyers market. A buyers market is defined as when there is more than 6 months of inventory.

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October 2014 Balance of the Market Report

October 2014 Inventory Breakdown By Type

October 2014 Homes For Sale

October 2014 Pending Transaction Count

October 2014 Home Sales YTD

October 2014 New Construction Inventory

October 2014 Active, Pending, Sale Price Average

October 2014 Active Listings Vs Previous 5 Years

October 2014 YTD Price Point Avg Pricing

 October AVM Comparison Chart

SimplyDesMoines.com is your local resource for real estate market conditions and statistics in the Des Moines and central Iowa area.
Les Sulgrove is a licensed REALTOR® with Keller Williams Greater Des Moines and has been licensed to sell real estate in Iowa since 1990. If you are looking to buy or sell your home, contact Les today!

 

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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