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The September Bump

Every year after the kids go back to school and vacations have ended, the real estate market experiences what we call “The September Bump”.  The number of accepted offers increase as shown below.  Click on the graphic for the full report.


9-14-12 Pendings

9-14-12 Actives


Total Residential Active Listings – 4,521       
New Listings Taken During the Last 7 Days – 260       

Current Accepted Offer Count (Pendings) 1,625
Accepted Offers (Pendings) During the Last 7 Days – 175

Closed Transactions During the Last 7 Days – 114
Average Sale Price of Solds – $188,344
Average Days On Market of Solds – 93
YTD Solds Ahead or Behind Last Year To Date – 1,080 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.

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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