I like to make decisions based on the facts.  My concern is that the ‘facts’ we often hear are fabricated to support a specific story.  Home listings and sales are an interesting set of information most of us don’t have easy access to.  Thankfully, I have a realtor that hammers me with e-mails (Just kidding, I don’t mind them) on market updates and her opinion on where things are at.

Whether you’re looking to purchase, sell or refinance a home – this stuff matters.  These statistics are compiled from the Multiple Listing Service and cover the Des Moines, Iowa residential real estate market.

With her permission, I post the facts here so you can come up with your very own market opinion.   Here’s this week’s market commentary:

“New listings were down quite a bit last week, which is probably a good thing because our overall inventory was starting to rise quite a bit.  I’ve now added an additional section below that shows the breakdown of the 6653 active listings on the market.  If you take the $200,0000-$250,000 price range you will see that there are currently 769 active listings in that price range and on average 31 come on the market each week while only 13 so sale pending.  There is still a lot of positive factors in the market to look at.  I’ve seen multiple houses in the last week that have gotten offers within the first couple weeks of listing their property.  The key?? They priced their home competitively in the market and had it in great showing condition.” Heather Barglof, Peoples Company

(Click to Hugasize It)

 

If you have any market statistics you think our readers would find valuable, please feel free to contact me.  If you’re looking for my professional opinion/comment, please contact me here.

 

Tagged as: Des Moines, Iowa, Listings, Market, Pendings, Real Estate, Sales