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Real Estate Market Snapshot For May 2015

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End Of Month Recap

  • Number of Homes For Sale 3,458 – Down 14.3% Over Last Year
  • On Average 31 New Listings Come On The Market Every Day While 40 Homes Go Under Contract
  • 2,774 Homes Are Under Contract – Up 21% Over Last Year
  • Over 1,200 Home Sales Closed In May Ending The Year To Date Count At 4,306 – Up 749 Over Last Year
  • The Average Sale Price For 2015 Is $186,096
  • New Construction Makes Up 27.6% Of All Homes For Sale

May Des Moines New Listings Taken This MonthMay Des Moines Listing InventoryMay Des Moines Pending InventoryMay Des Moines Inventory vs Past 6 Years

May Des Moines Balance of MarketMay Des Moines Homes Sold YTDMay Des Moines Active vs Pending May Des Moines Price Point Comparison May Des Moines Inventory Comparison May Des Moines New Construction Inventory May Des Moines Active Pending Sold Stages May Des Moines AVM Trends Report May Highest Pending Count YTD May Listing vs Pending

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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