Contracts
Written

Contracts
Closed

Median
Sale
Price

Avg. Days
on Market

Active Listings

June 2016

1,349

1,587

$184,962

91

3,293

May 2016

1,626

1,369

$181,500

93

3,103

June 2015

1,339

1,491

$177,000

66

3,586

 

       *Primary area served by DMAAR includes Dallas, Polk and Warren counties.

Des Moines June 2016 Housing Trends Report


Des Moines, Iowa – July 11, 2016

The Des Moines Area Association of REALTORS® (DMAAR) reports consistency across the market for much of the year. There are still over 3,000 homes listed in the Des Moines Metro Area.

1,587 homes sold in June 2016 which has increased from June of last year. The Median Sale Price is up over last year and up almost two percent from May 2016 at $184,962.

Days on market decreased slightly to 93 days in May of 2016 to 91 days for June of 2016. The number of properties currently for sale is up from May 2016 with 3,293 active listings.

"Realtors® are busy individuals especially in the Des Moines area market. Stats have consistently been good this year which is why I am constantly amazed by the involvement of Realtors in their communities today. Thought, not all are as involved in their community as others, Realtors are the kinds of people that can help to turn any house into a home," stated John Dunn, president of the Des Moines Area Association of REALTORS®. There have been countless deeds that the Realtor community has been involved in, or even lead. The Des Moines Area Association of REALTORS® give back to the Boys and Girls Club in partnership with the National Association of REALTORS® in hopes that their time and donations will help students locally. DMAAR puts thousands of dollars back into the community through yearly donations and volunteer efforts. Realtors® not only help make a house a home, but also a town a community.


The Des Moines Area Association of REALTORS® (DMAAR) is a professional
association that represents the 1,700 Des Moines-area REALTORS® who are
members. The mission of DMAAR is to be the voice of real estate in the Des Moines
area. The term REALTOR® is a registered trademark, which identifies real estate
professionals who adhere to a strict code of ethics as members ofthe National
Association of REALTORS®.

Based on information from the DES MOINES AREA ASSOCIATION OF REALTORS®