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Tag Archives: single family homes
Q4 2015: Des Moines Metro Market Snapshot
By Kalen | Published January 18, 2016
Sales of existing homes picked up the pace in 2015, returning Iowa to levels not seen since prior to the recession. It was a historic year with regards to the 8,795 total single-family and 1,456 new construction homes sold in the Des Moines-metro area. Activity is picking up as the housing recovery attracts more buyers in the 18 communities I track on behalf of Peoples Company throughout Greater Des Moines. At the same time, choices are still limited by a lack of available inventory within some buyers’ budgets. As of December 31, there were 2,043 active listings of single-family homes in the Des Moines-metro area, or 301 fewer than the previous year. The inventory of new construction homes increased slightly, as of December […]
Q2 2015: Des Moines Metro Market Snapshot
By Kalen | Published July 23, 2015
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 Peoples Company’s Annual Builder & Developer Luncheon, and provide updates on the Des Moines-area market throughout the year. The mercury is rising in Greater Des Moines, named as a Top 10 Hot Housing Market by the National Association of Realtors, amid increased levels of pending sales, homes SOLD and room for new construction throughout the region. Sellers are terrifically positioned to take advantage of this HEAT WAVE, fueled over the spring by low inventories – and contributing to higher average sales […]
Q4 2014: Des Moines Metro Housing Snapshot
By Kalen | Published January 21, 2015
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 Peoples Company’s Annual Builder & Developer Luncheon, and provide updates on the Des Moines-area market throughout the year. The number of town homes sold in the Des Moines-metro area last year shot up by an impressive 108, compared with 2013, as total sales of single-family homes decreased by 1 percent. Interestingly, inventories of single-family homes remain very low in the Des Moines market after decreasing steadily for several years. There were only 2,342 of these properties on the market heading in […]
Q3 2014: Des Moines Metro Housing Snapshot
By Kalen | Published October 10, 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 Peoples Company’s Annual Builder & Developer Luncheon, and provide updates on the Des Moines-area market throughout the year. Sales of single-family homes slowed a bit in August and September following a robust spring and early summer as buyers and sellers focused their attention on end-of-summer vacations, back to school preparations and seasonal pastimes such as the Iowa State Fair. Sales of existing homes have been more attractive for some buyers this year as the average new construction sale price has continued […]