My State MLS Proudly Serves Des Moines, IA

Des Moines the Capital of Iowa, was incorporated into the U.S in 1851. During its formation it was known as a hub for the fur trade. Slowly through Des Moines' incredible evolution, The city is a major center of the U.S. insurance industry, as well as financial services. Des Moines has also become a major political center for any presidential candidate seeking to run a successful campaign, as many previous presidents have based their campaign headquarters in the city. Des Moines is also renowned for its several illustrious educational institutions. Currently the city has a population of around 212,000.
The City of Des Moines is filled with many destinations and activities, displaying its rich history and culture. The first is the Iowa State Capitol building, located in the heart of Des Moines. This stunning building from the outside is really nothing short of postcard worthy and is home to the governor's office. The inside of the Capitol is ornamented with paintings and carvings revealing the history of the state. Another staple of the Des Moines society is the Downtown Farmers Market, a tradition that has been upheld since 1975. This historic gathering brings together around 300 vendors who sell items ranging from fresh produce, to hand made goods. Next, is the Greater Des Moines botanical gardens, and their vast collection of botanical masterpieces. Many go to simply lose themselves within the beauty of the gardens, but you can also take gardening classes and rent out their designated venue spaces. Lastly, The Robert D. Ray Asian Gardens is another agricultural masterpiece found within the city Des Moines. This space is actually only several blocks away from the botanical gardens, but displays gardening under a new lens. This unique collection of greenery helps to highlight the ethnic diversity that makes up the City.
How is the real estate market? The amount of homes for sale is around 847 as of May 2023, which is down 3% since last year. The median sale price on the other hand, is 5.5% higher than last year, at around 195k. The average sale time is around 25 days, which is up 41.4% since last may. What does this mean for the status of the market? This means that the Des Moines real estate market is definitely in the favor of the seller, but with more homes coming on to the market (overall in 2023), the market should slowly begin to correct over the course of the future.