Des Moines Home Sales Up 27% Year Over Year in August

Des Moines-area home sales totaled 919 in August, a 27.1 percent increase compared with a year earlier and up nearly 11 percent from July’s figure, a report from the Des Moines Area Association of Realtors shows.

Pending sales climbed to 897 in August, up 13.1 percent from a year ago, and were about 1 percent higher than July’s 889, the group said in the report released Wednesday.

The average sale price pushed 3.3 percent higher, to $172,839 from $167,280 in August 2011. Last month’s figure was 1 percent higher than July’s $171,643.

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