Des Moines, Iowa – Real Estate Market Watch 2/25/08 – 3/2/08

by Tyler Osby on March 5, 2008

Numbers are always extremely important to consider when buying, selling and financing a home.  Each week, I receive a weekly market watch update providing the breakdown of the activity from last week.  The report is provided by Heather Barglof at Peoples Company. As I continue to get them, I will continue to post them (with her permission of course). Here is her brief market commentary this week:

“Our solds this past week were up significantly compared to the week prior to that, but are still down from a year ago at this time.  We are seeing that days on market is slowing declining as is total active listings but we still are averaging only 1 sale pending for every 2 new listings put on the market.”

I hope you continue to enjoy these updates as much as I do!

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