IOWA REAL ESTATE MARKET UPDATE*Central Iowa: Des Moines Metro MLS DataActive Inventory in Des Moines Area MLS: 1,736 ListingsAverage Days on Market: 84 (see comments below)Average List Price: $402
Central Iowa Real Estate Market Update - April, 26, 2022
Dated: April 26 2022
Views: 59
IOWA REAL ESTATE MARKET UPDATE
*Central Iowa: Des Moines Metro MLS Data
Active Inventory in Des Moines Area MLS: 1,736 Listings
- Average Days on Market: 84 (see comments below)
- Average List Price: $402,516
In the Past 7 Days, the following inflow/outflow has happened:
- 260 New Listings
- 419 New Pendings (home is now under contract)
- 327 Sold
Notes
- Average Days on Market: This is HEAVILY impacted by a large number of New Construction homes that are listed prior to being built...so the Days keep counting while the Builder Builds...or waits to Build. **THIS NUMBER IS NOT AN ACCURATE REFLECTION OF HOW QUICKLY YOUR HOME COULD SELL***
- What you need to look at when thinking about selling is to compare homes similiar to YOUR home; this will give you the appropriate expectations! **A Weichert Agent can assist with this process :)
Net Message:
- We are still at extremely low numbers from an inventory perspective. We need more houses; there are A LOT of buyers out there looking and right now you can get top dollar for your home!!!
- NOW IS A GREAT TIME TO BE SELLING YOUR HOME!
- There are ways to answer the "where will I go if I sell" question, such as a "Home of Choice" clause. If curious to learn more you should contact a Weichert Agent to discuss options, timing, etc.!
We're Here to Help, and Have the Tools to Exceed Your Needs!
If you're thinking about buying or selling...give a Weichert Agent a call today to discuss your options! We have the tools and resources to make sure you are expertly informed on the market, the process and what to expect which helps us make the process enjoyable and as seamless as possible!!
#weichertrealtors #weichertworks #the515agency #iowarealestate #realtor #realestateagent #home #iowa
Matt Posusta
Matt has been a Real Estate Agent since 2014, and a Licensed Real Estate Broker since 2017. A seasoned professional with a wealth of experience in different roles Matt brings a ton of ‘extras&rs....
Latest Blog Posts
IOWA REAL ESTATE MARKET UPDATE*Central Iowa: Des Moines Metro MLS DataActive Inventory in Des Moines Area MLS: 1,712 ListingsAverage Days on Market: 84 (see comments below)Average List Price: $400
IOWA REAL ESTATE MARKET UPDATE*Central Iowa: Des Moines Metro MLS DataActive Inventory in Des Moines Area MLS: 1,692 ListingsAverage Days on Market: 96 (see comments below)Average List Price: $388
M A R K E T U P D A T E - 2/7/2022Active Inventory in Des Moines Area MLS: 1,729 ListingsAverage Days on Market: 101Average List Price: $376,000*Note: Both of these are heavily impacted by
DMAAR: Des Moines Area Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
The information being provided by the Iowa Great Lakes Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Listing information last updated on July 7, 2022 3:56 PM UTC
