As of July 8, 2024, here is the most up to date national housing market data directly from Des Moines Area Association of Realtors® for May 2024.
- Inventory is up 23.69%
- Home sales are up 7.95%
- Median sales price is up 3.63% at $299,500
- Days on market is up from April at 61 days
If you are a buyer, the great news is that there are more homes available on the market for you to shop around and find your dream home. You also have a good amount of time to shop as homes aren’t selling too quickly where you don’t have to feel rushed to make an offer on each property you like.
If you are a seller or considering selling your home right now, home prices have increased which means you could get more money for your home if you were to sell now. Additionally, home sales have increased which means that there is a large buyer pool of people to view your home.
If you are considering selling your home or are even the slightest bit curious about what your home could sell for in this current housing market, check out our Instant Home Valuation page on our website here https://zealtynow.com/evaluation. There is absolutely no obligation to sell and we won’t pester you.
If you are a buyer out there searching for your dream home or have questions about how to get into the market, we are happy to answer any questions that you may have. You can contact us at zelda@zealtynow.com or call us at (515) 329-4667.
