HOME MARKET: Higher Prices, Faster Sales
The Des Moines Area Association of Realtors say the sun is shining on the local housing market.
The association says homes are selling for more money and they’re selling faster. The group’s latest report shows that 1,144 contracts were written in June and just over 1,000 contracts closed.
There were over 4,000 active listings.
Homes sat on the market for an average of 84-days. The association says the last time numbers were that low was in November of 2007.