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It's the annual prediction show—and the numbers are in! Will Central Iowa's inventory surge by more than 16%? And with median list prices dropping by 3.5%, you need to see our must-know forecast on sales, appreciation, and where the market is truly headed before you make your next move. Don't wait; the critical market insights you need for 2026 are revealed now!
Thanks to those of you that joined me on my special LIVE edition of Des Moines Market Values weekly market update! I shared information from Dr Lawrence Yun and Dr Jessica Lautz form their presentations at NARNXT conference in Houston and provided NAR's prediction of 2026! NAR Reports Dr. Lawrence Yun NAR NXT Economic Outlook https://cms.nar.realtor/sites/default/files/2025-11/2025-nxt-residential-forum-real-estate-and-economic-outlook-lawrence-yun-presentations-slides-11-14-2025.pdf Dr. Jessica Lautz NAR NXT Economics Behind The Market https://cms.nar.realtor/sites/default/files/2025-11/2025-nxt-residential-forum-the-economics-behind-the-market-jessica-lautz-presentation-slides-11-14-2025.pdf
The Price is Right for Home Buyers! This week on SimplyDesMoines Market Values, Les Sulgrove takes you back to the beloved game show to reveal the exciting shift in Central Iowa pricing. With a massive surge in price reductions and median list prices trending lower than last year, he’s diving deep into the data—including a brand-new graphic breaking down exactly where the most affordable deals are for you!
This week, Les breaks down the October market: record price reductions, dropping mortgage rates, and massive year-over-year inventory swings like Des Moines East up 85% and Clive down 16%. Watch now to see the exact price points and neighborhoods that are sellers' vs. buyers' markets!
Inventory is up, interest rates are down, and the fall season is creating the perfect opportunity for buyers. Find out why now might be your time to make a move — this week on Simply Des Moines Market Values!
Uncover the market's "Unchained Melody" this week! We hit a huge 11,000 closed sales milestone and dig into surprising hidden stats, including a deep dive into median sale prices and record price reductions. Which of these rare, "B-side" graphics do you want to see every week?
The Des Moines market is in a momentum quarter! Inventory just broke 4,400, and lower mortgage rates are already driving up pending sales—a clear signal for what's ahead. Les Sulgrove breaks down the week 41 dashboard, offering agents strategic insight to capitalize on the reduced competition and define their 2026 success.
Discover how the Des Moines real estate market closed out Q3! Les Sulgrove dives into the data, revealing a record high inventory of over 4,300 homes and a crucial shift to a 4.3 months supply, putting the market squarely in "balanced" territory. Find out where affordable homes are appearing and what the lower median list price means for your buying and selling strategy heading into the fourth quarter.
Today, Les dives into the "return trip effect" to see how this psychological phenomenon is playing out in Des Moines real estate. We'll analyze current inventory, sales pace, and interest rates against 2019 data to determine if the market is finally returning to its pre-COVID trajectory. Join us as we explore what reaching 4,300 listings and a potential 14,000 closed sales means for you.
This week on SimplyDesMoines Market Values, Les Sulgrove recaps mortgage rate moves with Chuck Simmons from Motto Mortgage and breaks down what the Fed cuts really mean for buyers and sellers. With rates easing, inventory at 12-year highs, and sales milestones being hit, the finish line for 2025 is in sight — and it’s looking strong for Central Iowa real estate.
Don't miss this week's SimplyDesMoines Market Values! We're diving into the substantial drop in mortgage rates and what it means for the Des Moines housing market. Find out how this shift is impacting buyer power and whether we're on track for a repeat of last year's late-season surge.
Ready to see what happened in the Des Moines real estate market? Our August recap provides a detailed look at the end-of-month data, revealing that declining mortgage rates and converging list prices are creating new opportunities. Tune in for all the facts and figures you need to know heading into September.
Did the Iowa State Fair impact the Des Moines real estate market? This week, Les Sulgrove's SimplyDesMoines Market Update dives into a unique analysis, comparing key real estate metrics before, during, and after the Fair to uncover its effect. Tune in to see if new listings, pending sales, or market temperatures were truly affected by this annual Des Moines event.
This week, subtle but important changes are underway in the Des Moines and Central Iowa real estate market. Les Sulgrove of SimplyDesMoines Market Values is seeing the dam start to break with rising pending sales and key shifts in market categories. Join him to find out what's really happening on the ground and if this is the beginning of a new chapter for buyers and sellers.
Ready for a wild ride? Just like a rollercoaster, mortgage rates have had their ups and downs, but we're seeing a familiar track. This August, we're noticing a surprising similarity to the same time last year when rates started to drop, providing a much-needed boost to the Des Moines real estate market. Join Les as he compares last year's trend to what's happening now and see if this season is about to save the year for homebuyers.
This week, Les Sulgrove explores why "correction, not collapse" is the new reality for home prices. He dives into the numbers behind the rise in price reductions, reveals a new milestone in closed sales, and shares a crucial piece of advice for both buyers and sellers. Tune in to understand the surprising trends shaping our local market and learn how to navigate this evolving landscape.
Feeling confused by the Des Moines housing market? Join Les as he helps you make sense of the "ups and downs" you're seeing in the local market. Next week, we're doing a deep dive into price reductions, breaking down the numbers by specific price points to show you where sellers are making the biggest moves.
Join Les Sulgrove of SimplyDesMoines Market Values as he analyzes current real estate trends in Des Moines and Central Iowa. This week, we're diving deep into the perplexing question: Is the real estate cycle broken? Discover why the market feels "wonky," and get insights into inventory levels, buyer demand, home prices, and time on the market.
This week on SimplyDesMoines Market Values, we’re shining the spotlight on the Des Moines Metro! From heat maps showing where the most homes are for sale to pending sales by zip code, see which areas are booming mid-summer. Plus, get an inside look at home value trends and showing activity that reveal where the market is headed next.
This week on SimplyDesMoines Market Values — are lower mortgage rates on the horizon for Central Iowa buyers? We’re tracking rate trends, milestone sales, and falling home prices that could create the perfect storm for late summer buyers. Plus, signs of a balanced market are emerging! Be sure to watch, subscribe, and stay ahead of the market every week!
We're kicking off the second half of the year with a "soft landing" for June — but there's optimism ahead for a Q3 rebound! This week's update highlights cooling prices, steady inventory growth, and the long-awaited return of a fan-favorite graphic to the monthly report. Don’t miss the data breakdown and a shoutout to one of our eagle-eyed viewers!
It finally happened—Central Iowa has broken through the 4,000 homes-for-sale mark for the first time in nearly six years! This week, Les Sulgrove breaks down what this milestone means, how long it’s been coming, and why it signals a return to pre-COVID inventory levels. Plus, he unveils a powerful new graphic that visually tells the story of our long climb back from record-low inventory—don’t miss it!
Summer has arrived—and Central Iowa’s market is warming right along with it! In this week’s SimplyDesMoines Market Values update, Les shares a more optimistic tone as inventory grows, sales outpace last year, and existing homes lead the charge. Tune in to see if the market can match the summer sizzle and where the real opportunity lies heading into July.
Is the 2025 real estate market already past its peak? In this week’s SimplyDesMoines Market Values report, Les Sulgrove breaks down the latest data on inventory, pendings, price reductions, and sale prices to reveal early signs of a market shift. If you're wondering where the housing market is heading next, this is the update you won’t want to miss.
📊 What’s the Real Story Behind the Housing Recovery? Les Sulgrove returns from the NAR legislative meetings in D.C. with fresh insights from Dr. Lawrence Yun on national real estate trends—and compares them directly to Central Iowa’s market. From interest rate predictions to job growth, price trends, and inventory shifts, this episode unpacks what’s really happening and what’s ahead for 2025 and beyond.
Reporting live from the NAR legislative meetings in Washington, D.C., Les Sulgrove breaks down early signs of a housing market slowdown in Des Moines. With inventory on the rise and price reductions outpacing increases, especially in homes above $600,000, the market is showing signs of cooling. Tune in for key takeaways from the nation's capital and a deep dive into the latest local trends.
This week’s update dives into how price reductions are stacking up against days on market—and the numbers may surprise you. We break down when sellers are most likely to cut their price and debunk a viral “market crash” stat making rounds on social media. Plus, a new graphic reveals the real impact of timing your listing right.
This week on Simply Des Moines, Les Sulgrove dives into the power of pricing and why it’s make-or-break in today’s real estate market. With price reductions surging to record highs and buyers holding out for value, now more than ever, your listing strategy matters. Tune in to see the latest trends, hard data, and one powerful quote that could change how you price your next listing!
Are mortgage rates really slowing down homebuyers, or is it all about perspective? This week, Les Sulgrove explains how "interest rate memory" is shaping buyer behavior—some buyers see 6.75% as a barrier, while others remember much higher rates and keep moving forward. With inventory up 23% and closed sales pacing ahead of last year, the Central Iowa market shows surprising strength in key segments.
April brought a surge of new listings to Central Iowa, pushing active inventory 21% higher than this time last year—marking the highest level since before the pandemic. Les takes a deep dive into what this means for buyers and sellers as the spring market gains traction. From balanced conditions in new construction to a resurgence in condo listings, the market is shifting. Tune in for the full breakdown, pricing trends, and a special shoutout to Simply Des Moines’ newest (and youngest) fan.
This week’s market update comes with a friendly—but important—reminder! Data accuracy in the MLS isn’t just a nice-to-have—it’s essential for reliable market stats, appraisals, and builder decisions. Tune in as I explain why even one miscategorized listing can throw off the numbers and how we all can do better to keep our data clean and our clients informed.
This week on Simply Des Moines Market Values, Les Sulgrove explains why the Central Iowa real estate market is more like a relay than a sprint. With closed sales surpassing 3,000 two days earlier than last year and inventory up 20%, momentum is building heading into the heart of spring. Tune in to see how condo-townhome resales are leading the pace and why this market might just be hitting its stride.
This week’s show dives into the “mixed messages” surrounding today’s housing market — from fluctuating rates to national news distractions. Les Sulgrove shares why staying focused on local real estate trends is more important than ever, especially with inventory rising and price adjustments making homes more affordable. Don’t miss this spring market update filled with grounded insights and encouraging signs ahead.
We've wrapped up the first quarter of 2025, and the real estate market is showing promising signs of growth. Active inventory is up 19% year-over-year, with condo townhomes seeing an impressive 85% increase. The spring market is officially underway, and we’re on track for a strong second quarter. Stay tuned for more insights and trends!
Join Les Sulgrove on a coast-to-coast real estate adventure! This week, he's reporting from the iconic Bonneville Salt Flats in Utah, diving into the latest market trends, days on market, and months of inventory. Subscribe to Des Moines Market Values and stay ahead of the real estate game!
📍This week’s episode of Simply Des Moines Market Values comes to you from Devil’s Tower, Wyoming! Les Sulgrove shares market updates from the road, highlighting a strong jump in new listings and a key milestone in closed sales. Tune in to see how the details are starting to matter—and why the devil might just be in them.
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