Michelle Price

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March 2024 Local Housing Market Update

By Michelle Price - April 24, 2024
Here's our local real estate market update for March 2024! If you’d like to watch instead, CLICK HERE! It’s not only trees and flowers blossoming this spring! Check out our local Des Moines metro area housing market! Outstanding stat this month is the 53% increase of home sales month over month! And our month over month median sale price increased 8%. What seller doesn’t like that news??? Ou

February 2024 Local Market Update

By Michelle Price - March 13, 2024
Here's our local real estate market update for February 2024! If you’d like to watch instead, CLICK HERE! The Des Moines area housing market experienced a surge in active listings with more than 100 added from the month prior. Despite the increase of listings, closed sales remained consistent with past figures for both the monthly and yearly comparisons. Active listings saw a positive boost bot

January 2024 Local Market Update

By Michelle Price - February 19, 2024
Here's our local real estate market update for January 2024! If you’d like to watch instead, CLICK HERE! Colder weather put a bit of a chill on our real estate market as we saw a decrease in active listings, home sales, and the median sale price from December! But pending sales were up as interest rates move slightly lower. The number of active listings in our metro area in January saw a 6.76% d

2023 Year End Review! Prediction for 2024! Better or Worse?

By Michelle Price - January 31, 2024
Watch this report HERE! Our housing market in 2023 saw lower inventory, higher interest rates, fewer sales and more days on the market. Those aren’t exactly the statistics you want to see in our real estate market, yet it was the reality for many housing markets across the country in 2023. The Des Moines metro housing market saw 13,136 homes sold in 2023, which is a decrease of 16% from the 15,

December 2023 Local Market Update

By Michelle Price - January 16, 2024
The Des Moines area housing market showed its typical seasonal signs through the month of December with lower inventory and sales. Since October, we have seen both sales and listings trending downward. The number of active listings was a mixed bag when viewed monthly and yearly. December saw 2,945 active listings, which is a 9.4% decrease from the 3,249 active listings of November. Year-over-yea

November 2023 Local Market Update

By Michelle Price - December 19, 2023
The local real estate market is experiencing its traditional winter slow down. And during this slower time of year, Realtors find other ways to continue to serve their communities. There are so many Realtors who give back to their communities all during the year but especially during the holidays by choosing charities, causes or organizations that they care about. My office, in fact, was able to h

October 2023 Local Market Update

By Michelle Price - November 21, 2023
Here is local market update for October! If you’d like to watch instead of read: Watch here! Two market stats stood out to me this month. First, it is definitely good to see more homes coming on the market, it shows confidence in the market from both existing home sellers and builders plus it offers more options for buyers. And secondly, October had a slightly declining median sales price which m

September 2023 Local Market Update

By Michelle Price - October 17, 2023
Our local housing market is taking note of the fall season as sales tend to slow down a bit in this season as school has started and people are preparing for the upcoming holidays. If you’d like to watch instead of read: Watch here!! The number of active listings continued to grow in September, the fifth month in a row where more inventory joined the market. With 3,231 homes on the market in Se

August 2023 Local Market Update

By Michelle Price - September 19, 2023
If you'd like to watch instead of read: Click here! The Des Moines housing market continued to experience gains in August, with active listings and sales slightly increasing month-to-month as well as maintaining the median sales price. In fact, the metro area hit a welcome milestone, exceeding more than 3,000 homes on the market for the first time since November 2022. The number of active listin

July 2023 Local Market Update

By Michelle Price - August 14, 2023
Here’s your local market update for July 2023! If you’d like to watch instead of read: Click here! The Des Moines housing market appears to be bucking some of the national trends, on quite a few levels. And that is why I thought it would be interesting this month to first share the local market stats which I do every month, and then show what the national trends are in the same categories. Then w

June 2023 Local Market Update

By Michelle Price - July 13, 2023
Watch the market update on my YouTube channel here! We didn’t see a lot of change in new listings or pending sales month over month. The biggest jump was an increase in homes sold rising 15.2%. The market didn’t see a lot of movement month over month, but for the second month in a row, we saw an increase in the number of homes on the market in the Des Moines metro area. Buyers love to see new in

May 2023 Local Market Update

By Michelle Price - June 16, 2023
Watch market update here! The number of homes on the market in the Des Moines metro area increased 10% from homes on the market last month and a 29% increase from homes on the market last year. May had 2651 listed homes compared to April’s 2410 homes and May 2022 had 2049 listed homes. Home sales, or homes that closed in May, increased 28.5% with 1,270 homes sold in May compared to the 988 so

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