April, 2013 RSS Icon
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The Des Moines Area Association of REALTORS® reports that March numbers once again show a trend towards a strong seller’s market, with increased sales and decreased inventory. Pending sales of 1,176 homes is double digit growth over both February 2013 as well as March 2012, according to trends and statistics published by the Des Moines Area Association of REALTORS® for March 2013. Closed transactions for March were actually up nearly 45% over February.

The IAR’s March Report shows the median price across Iowa increased by 5.9 percent, growing from $118,000 in March 2012 to $125,000 in March 2013. Likewise, the average sale price increased 4.4 percent from the average sale price of $138,265 last March and $144,372 this March.

The Des Moines Association’s

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