OCTOBER HOME PRICES INCREASED, WHILE SALES DIPPED SLIGHTLY


1,496 residential properties sold in October 2021, while 1,547 homes sold in October of 2020.


The median sale price increased 10.6 percent to $260,000, compared to $235,000 in October of 2020.


The median of 8 days on the market takes the middle set of numbers in a data set which in this case more accurately reflects the fast-paced market in the Des Moines metro area. The average days on market calculated to 30 days.


The amount of available properties on the market in October dropped slightly over last month with 2,255 properties on the market compared to 2,279 properties in September. In October of 2020, there were 2,566 properties on the market.


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Remember if you or someone you know if thinking of selling or buying a home please contact me and I'd be happy to help you with the process!!!