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!!

www.wr515.com 

#weichertrealtors #weichertworks #the515agency #iowarealestate #realtor #realestateagent #home #iowa

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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....

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