As the month of February ends, it is time to update the monthly real estate stats. My method is to take a snapshot of the market conditions as of today (February 28th) and post them for everyone to use as they like. The above chart shows the real estate market broken down by price range. […] Total Residential Active Listings – 5073 New Listings Taken During the Last 7 Days – 266 Accepted Offers (Pendings) During the Last 7 Days – 172 Closed Transactions During the Last 7 Days – 122 Average Sale Price of Solds – $132,570 Average Days On Market of Solds – 144 Les Sulgrove, Iowa Real Estate […] I had recently updated the 10 year comparison of Sold transactions for January 2011 and noticed that this January was very similar to 2009. Then I read this Blog post by Calculated Risk Blog http://www.calculatedriskblog.com/2011/02/case-shiller-national-home-prices-are.html My conclusion is that either Case-Shiller agrees with me or I agree with Case-Shiller! What do you think? Are we […] It was just a matter of time before we hit the 1,000 mark of total Pending transactions. As you can see in the graphic below, the green represents 2011 Pending transactions. The Blue line represents 2009 Pendings and the Red 2010 Pendings. It is no surprise that we are behind last years Pendings, in fact, […] Observations this week: There was a nice increase in Pending Sales in the $300,000 to $400,000 price range. I expect next weeks new listings to begin to increase as well with the warmer weather. Total Residential Active Listings – 5070 New Listings Taken During the Last 7 Days – 250 Accepted Offers (Pendings) During the […] Wow! Pendings in the $100,000 to $200,000 price range took off this week! 76 Pendings compared to 52 last week! Total Residential Active Listings – 5076 New Listings Taken During the Last 7 Days – 232 Accepted Offers (Pendings) During the Last 7 Days – 154 Closed Transactions During the Last 7 Days – 72 […] The experts will tell you that success in selling any product has everything to do with Supply and Demand. In real estate terms that can be measured in terms of Months of Inventory. The rule of thumb is that a balanced market contains between 5 to 6 months of inventory. Anything less than that is […] I was about 15 years old… I can remember it like it was yesterday. I was at Larry Beaman’s house after school. Larry lived on a farm and we were playing on the fence climbing over into one of the stock pens. I had managed to climb up on to the top of the fence […] Click On Image Above To Download Full Size PDF Some days I look at the stats I collect from our MLS and I have a vision! This chart represents the Annual Sold Transactions each year since 2002. Click on the graphic above to open the full PDF chart and in the lower left corner, you […]
Archives: February 2011
February Real Estate Market Snapshot
Des Moines Real Estate Week In Review Ending February 25th, 2011
Living Right!!!!
Case-Shiller Reports National Prices Are Close To 2009
Mini Milestones–DMAAR Pendings Pass The 1,000 Mark
Des Moines Real Estate Week In Review Ending February 18th, 2011
Des Moines Real Estate Week In Review Ending February 11th, 2011
What Market Are We In Right Now?
The First Time I Sprained My Ankle
10 Year Sold Trend Comparison Overlay
