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Des Moines Home Inventory At Lowest Level All Year

Des Moines Real Estate Week In Review Ending December 7th, 2012

As of December 7th, the number of homes for sale in the Des Moines area dropped to the lowest level all year long.  There are currently 4,066 homes for sale.  At the pace of our current sales, it would only take approximately 6 months to sell this amount of inventory if no other homes come on the market.

Is Des Moines at risk of selling out of homes?   Not likely….

12-7-12 Pendings

12-7-12 Actives

Total Residential Active Listings – 4,066
New Listings Taken During the Last 7 Days – 202

Current Accepted Offer Count (Pendings) 1,290
Accepted Offers (Pendings) During the Last 7 Days – 156

Closed Transactions During the Last 7 Days – 132
Average Sale Price of Solds – $174,128
Average Days On Market of Solds – 106
YTD Solds Ahead or Behind Last Year To Date – 1,276 Ahead

Les Sulgrove, Keller Williams Greater Des Moines

Data Source: Les Sulgrove, Keller Williams Greater Des Moines
10200 Hickman Ct., #100, Clive, IA 50325
Des Moines Area Association of REALTORS® MLS.

Creative Commons License
Des Moines Iowa Real Estate Statistics by Les Sulgrove is licensed under a Creative Commons Attribution-NoDerivs 3.0 United States License.

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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