Friday
Mar252011
“Donnelle Eller” - Des Moines metro snags consumer interest
March 25, 2011 Donnelle Eller
March 24, 2011
http://blogs.desmoinesregister.com/dmr/index.php/2011/03/24/des-moines-metro-snags-consumer-interest/
The Des Moines metro area housing market ranked 106th among Realtor.com’s “most searched” cities, based on consumer interest.
Iowa City ranked 131st among 146 metro, according to Realtor.com, the National Association of Realtors’ home sales Web site. Chicago, Detroit, Los Angeles, Phoenix and Las Vegas were the top five.
The median list price for properties in the Des Moines metro area hit $165,900 in February, a 3.4 percent increase over a year earlier, the group said. Nationally, the median list price was $199,000, down 0.5 percent compared to a year ago.
Active sales inventory increased 12.5 percent to 5,686 over a year ago while the national inventory climbed 13 percent to 2.86 million, the group said.
Des Moines area homes were on the market 151 days last month, compared to 164 days nationally.