“A bit of a slow down in August is normal with families finishing up vacations, so many Iowans attending the state fair and school starting up. We are pleased to see the number of homes on the market rising again, giving our buyers more potential options. Prices are up only 5% and starting to level off. Despite the normal seasonal slowdown, homes are selling quickly with an average of 24 days on market,” stated President Jen Stanbrough.
Additional statistics and information about the Des Moines area housing market are available at the DMAAR Housing Stats web page.