Agust closings of luxury homes priced over $700,000 on the Des Moines MLS turned in their best performance of the year with 11 closed vs. 9 closed in July. Pendings rose also from 18 in July to 20 in August. August is traditionally not the best month for home sales locally but sales in this categ
...
09/14/2018
July closings of luxury homes priced over $700,000 on the Des Moines MLS ramped up last month with 9 closed vs. 5 closed in June. Pendings rose also from 13 in June to 18 in July. July is traditionally the month when sales fall month over month but sales in this category bucked the trend of the o
...
08/07/2018
June closings of luxury homes priced over $700,000 on the Des Moines MLS eased last month with 5 closed vs. 8 closed in May. Pendings continued to decline falling from 17 in May to 13 in June. The first two weeks of June is when our market traditionally hits its sold/pending peak for the year and
...
07/17/2018
May closings of luxury homes priced over $700,000 on the Des Moines MLS shadowed April's performance with 8 closed in May vs. 7 closed in April. Pendings slowed a bit dropping from 20 in April to 17 in May. The first two weeks of June is when our market traditionally hits its sold/pending peak fo
...
06/06/2018
Closings of luxury homes priced over $700,000 on the Des Moines MLS sprang to life in April rising 350% to from 2 closed in March to 7 for the month of April. Pendings gained momentum in April also jumping from 7 to 20. Inventory rose in April as well but more slowly moving from 69 units 76 for
...
05/22/2018
Closings of luxury homes priced over $700,000 on the Des Moines MLS slumped in March to 2 closed for the month and pendings were flat from 7 to 7. Actives picked up from 64 to 69. Compared to closed sales of 6 in February closings were anemic. With 69 active at the end of the month there was a 37
...
04/15/2018
Mortgage Credit Certificate Program Announced from the Iowa Finance AuthorityWow! A great benefit has been announced for Iowa home buyers who qualify as The Iowa Finance Authority (IFA) unveils the 2018 Mortgage Credit Certificate Program that can save Iowa home buyers up to $2,000 on their feder
...
04/10/2018
Closings of luxury homes priced over $700,000 on the Des Moines MLS came off life support in February to log 6 closed for the month, 7 pending and 64 active. Compared to closed sales of 1 in January closings were brisk. With 64 active at the end of the month there was still a 10.7 months supply w
...
03/17/2018
Des Moines area February 2018 home sales showed more cooling of the market even as temps warmed. Average and median sales prices rose across the board however as fewer but more expensive homes closed during the month. Overall unit sales fell -2.7% from 2017 from 750 sold to 730. Rising rates almo
...
03/07/2018
This is a monthly report that focuses on sales of residential properties priced $700,000 and over on the Des Moines MLS in the cities of Altoona, Ankeny, Bondurant, Booneville, Clive, Cumming, Dallas Center, Des Moines, Grimes, Indianola, Johnston, Norwalk, Runnels, Pleasant Hill, Polk City, Urba
...
02/13/2018