Home sales increased from April to May by 19.95%. 7.95% more than May 2023. Active listings rose 5.77% from April to May. 23.69% more listings than May 2023.
Median Sales Price for Des Moines Metro was a record high at $299,500, an increase of 6.02% over April. An increase of 3.63% over 2023.
Days on Market increased to 61 days in May, up from 58 days in April. May 2023 was just 51 Days on the Market.
So, more people are listing their homes and more homes are being sold, but homes are taking a few days longer to sell on average.
Additional statistics and information about the Des Moines Area housing market are available at DMAAR Housing Stats webpage.
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