Monthly Market Share Statistics Jan. 2020


January's homes sold is up appx. 10% from January 2019.

Amount of homes sold in January 2020 is 768.

Median sales price is $200,929 which is on par with 2019.

Average days on the market is up slightly from 2019, to 77 days on market.

It would take approximately 6 months to run out current homes for sale, compared to January 2019, when there was only 3 months worth of homes for sale.


What does this mean for the market?

This means February 2020 will be a stable month, both a buyers and a sellers month. With just enough homes on the market, we are seeing a

1-in-1-out, one home sells another is listed, market trend.


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Derek Veldhouse

515-770-4100

dveldhouse@realestateconcepts.net

6600 University Ave.

Des Moines, IA 50324

www.DerekVeldhouse.com




Derek Veldhouse

Derek Veldhouse

ABR, RCC, CNHS

515-770-4100

dveldhouse@dsmhomes.com

https://www.derekveldhouse.com

www.dveldhouse.com

Licensed in Iowa

© 2020 Derek Veldhouse, Liz Doerring