For the first time since 2007, Des Moines Home Sales exceed 8,000 closed transactions. In 2007 at the height of the market bubble, Des Moines real estate sales were just over 10,000. In light of the fact that there are no tax credits artificially stimulating the market, this is a very good sign that our local housing economy has turned the corner.
Des Moines Real Estate Week In Review Ending December 28th, 2012
Total Residential Active Listings – 3,911
New Listings Taken During the Last 7 Days – 83
Current Accepted Offer Count (Pendings) 1,167
Accepted Offers (Pendings) During the Last 7 Days – 79
Closed Transactions During the Last 7 Days – 90
Average Sale Price of Solds – $173,967
Average Days On Market of Solds – 102
YTD Solds Ahead or Behind Last Year To Date – 1,348 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.