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Q2 2017: Des Moines Metro Housing Snapshot

By Kalen | Published August 04, 2017

The Des Moines Metro housing market continued its boom in Q2 2017 as resales of single-family homes were up and local inventory of new construction fell. The number of total active listings increased to 2,154 single family homes in Q2 – up slightly from the past two quarters and fairly typical for the spring/summer selling season. At the same time, though the total inventory grew and there are more resales on the market, new construction inventory was lower, with 732 active listings in Q2, compared to 781 listings in Q1. Pending new construction numbers are also stronger this quarter, compared to both Q1 2017 and Q2 2016. The total months supply for all single-family homes and for new construction is [...]

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Q2 2014: Des Moines Metro Housing Snapshot

By admin | Published October 08, 2014

The Des Moines Metro Market Snapshot is a quarterly report featuring inventories of new construction and existing single-family homes in the 18 communities I track for Peoples Company. My reports cover the residential housing data and statistics presented during the Annual Builder & Developer Luncheon, and provide updates on the Des Moines-area market throughout the year. Home sales have remained steady in Greater Des Moines Area over the last 12 months with the strength of both market and consumer confidence growing more resolute than at any time in recent years as interest rates remain low for buyers! New construction home sales, both pending and sold, were relatively flat on a year-over-year basis. Foreclosures are down to the pre-crisis levels of [...]

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Q1 2014: Des Moines Metro Market Snapshot

By admin | Published October 02, 2014

Peoples Company’s Annual Builder & Developer Luncheon on February 28 was well attended by more than 250 of the Des Moines-metro area’s builders, bankers, developers and city leaders gathering for an overview of the housing economy. My presentation on single-family housing statistics for Q1 2014 in the metro followed a talk by national economist Dr. Vince Malanga. I included an analysis of recent activity on the local level, compared with pre-recession data. The feel of the luncheon was influenced by all the positive attention Central Iowa has received in the national press – as pointed out by Jay Byers of the Greater Des Moines Partnership – as well as the energy generated by builders coming off of a robust building [...]

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Kalen Ludwig
Cell: 515.402.3169
Kalen@PeoplesCompany.com

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Cell: 515.650.1276
Keaton@PeoplesCompany.com

Peoples Company
Office: 515.222.1347
12119 Stratford Drive, Suite B
Clive, IA 50325

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