Des Moines Real Estate Market Sees Sales Down

In this week's report, the number of homes sold in the Des Moines market dropped to 47 over the past 30 days, a decrease of 4.1% from last week's report, but still above the monthly average. Meanwhile, close-by Tacoma reported 328 homes sales, the highest number from all the surrounding cities. Prices are rising in Des Moines, and the median sales price this period increased from $325,000 to $333,000. In spite of the decrease in sales, a low two months of inventory signals that Des Moines is a definite seller's market.

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Demographic facts about Des Moines:

  • The population density is 4,564.4 people per square mile in this area.
  • The lifestyle rating here is 58. (Scale: 1 = Worst, 100 = Best)
  • 73.9% of the residents commute to work alone in their car, 12.1% via carpool, and 6.8% by way of public transit.

Data reported through 10/12/2016

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