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INVENTORY INCREASES SLIGHTLY


“The Des Moines metro market is steady and showing signs that the remaining summer months will be good for clients looking to make purchases,” Kim Bakey, DMAAR president, said. “With more than a 100 additional homes on the market in June, buyers and sellers are certainly poised to make moves in the market.”

The number of home sales in the Des Moines metro area increased 15.2% with 1,464 homes sold in June, compared to the 1,270 sold in May this year. Year-over-year comparisons continued to lag behind for homes sold, representing a 12.9% decrease from the 1,682 homes sold in June 2022.

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