Des Moines, Iowa – Real Estate Market Watch – Week of June 23rd, 2008

by Tyler Osby on July 1, 2008

Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like.

I’m a fan of having as much information available before I take action on any big decisions. I don’t know about you, but I think buying or selling a home is a pretty big deal.

As a blogger and mortgage professional, when I receive good information – I pass it on. Home listings and sales are an interesting set of information most of us don’t have super 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:

“We had about 15 more sale pendings last week than we did the prior week and days on market for sales seems to be steadily dropping.  We will end June with sales being down again, I just don’t have final numbers yet.  The good news is, if you are a buyer there is no better time to buy.  Rates are still low and you have a lot of selection to choose from. ” – Heather Barglof, Peoples Real Estate Company

(Click to Hugisize)

If you’re a super cool person and have any market statistics you think our readers would find valuable, please feel free to contact me. If it’s relevant, It’ll show up here!

If you’re looking for my professional opinion or looking for a comment (press related), please contact me here.

Leave a Comment

Previous post:

Next post: