The Des Moines Area Association of REALTORS® reported 557 closed sales for January, which was the highest number of January sales since 2008. There were 3,806 active listings, down from the same period last year by over 500 listings. To round out the Des Moines market showed a median sales price up $16,000 from a year ago.
Iowa home sales have increased in 18 of the last 19 months according to the Iowa Association of Realtors®. January was no different with sales up more than 14 percent from last year same time.
IAR’s January 2013 Housing Trends Report showed that home sales jumped 14.7 percent as 1,898 homes sold/closed in January, compared to the 1,655 homes that sold/closed in January 2012.
The median sale price rose 7.3 percent from January last…