Brian, Beth and Burnett Realty

Your "B Team"!

Metro Des Moines Housing Market Conditions 

July 2010

Source: Des Moines Area Assoc. of Realtors	July 2010	July 2009
Average Sales Price	$167,154	$165,295
New Contracts Written	594	916
Contracts Closed This Month	515	1015
Average Days On The Market	94	85
Active Listings	5,883	5795
Months of Inventory	12.6 Months	7.6 Months

Housing Supply / Months of Inventory, Metro Des Moines Market
A six month supply is considered to be a balanced market.
 Less than 6 months supply is a considered to be a seller's market.
More than 6 months supply is considered to be a buyer's market

Average Time to Sell a Home, Des Moines area Market Wide

Average Sales Price of Homes, Des Moines Area Market Wide

Price Trend Line: Prices are leveling off finally in mid-2010!

Distressed Properties in the Des Moines Market

Historical 2006/2007 through 2009 Market Wide Trends

 2007 Vs. 2006 Market Stats