Housing Statistics for November 2025
- Derek Veldhouse Real Estate
- 1 day ago
- 2 min read
Though winter began to make its mark on the Des Moines housing market, shifting into a seasonally-typical position in November, inventory and pending sales remained a bright spot across the metro.
“As winter rears its head, many communities brace for a traditionally slower housing market, we’re not seeing that just yet in the metro,” Eric Webster, Des Moines Area Association of REALTORS® president, said. “The energetic market we witnessed this fall, buoyed by decreases in interest rates and seasonably warm weather, continues to fuel our early winter market. Buyers and sellers remain active and ready to work with their REALTOR® of choice to find their next home.”
Pending sales, compared year-over-year, illustrated that activity, the month saw 951 pending sales, a 8.9% increase from the 873 pending sales of a year ago. The metric highlights optimism that while winter weather makes its presence known, buyers continue to seek out opportunities in the metro housing market.
Conversely, the figure represents a 17.2% drop from October’s 1,148 pending sales, illustrating just how robust the early fall market was in the metro.
Home sales themselves, however, dipped 3.7% to 973 closed sales in November, compared to the 1,010 sales last year. The month-over-month comparison recorded a 15.8% dip from the 1,155 homes sold in October.
Home inventory rose to 4,369 in November, a 15.9% increase compared to the 3,769 active listing at this time last year. When compared to October, inventory saw a slight decrease of 3.3% from the 4,519 listings recorded last month.
Days on market increased by 18.8%, jumping from 48 days in November 2024, to 57 days this year. Monthly, days on market dropped from 59 days.
Median home prices increased 7.6% to $312,000 compared to the $290,000 median home price of 2024. The median price did not change month-to-month, holding steady at $312,000.
Of the 973 total homes financed in November, 686 - or 70.5% - were financed conventionally. Cash financing accounted for 165 - or 17% - of homes financed. And finally, 71 FHA loans accounted for 7.3% of closed homes sales.
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