We hope you are as excited 2018 as we are. Looking at the start of 2017 the market was on the move, homes were selling faster then previous years. In the middle of May, we started seeing the market slowing down in November. Surprisingly, December has been super busy. Christmas came and buying a home for your loved ones is the way to go!
In 2017, the Des Moines area had 14,600 homes sold – up 600 from 2016. Days on market for existing homes is currently 3.2 months which I think leans slightly to a “sellers market”. Opportunity to purchase I think is with new construction – there is 11.5 months of new construction inventory which means deals!
As for our team, we will be doing some updates that will help benefit you and our team. We have added new members and will be continuing to grow in 2018. We want to thank all of you for making 2017 a great year!