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Cold Weather Put A Wrinkle Into The Homes Sold For January In The Des Moines Area Housing Market

February 14, 2024

The cold weather put a wrinkle into the homes sold for January in the Des Moines area housing market. Days on Market increased due to that fact, but pendings sales are up and moving strongly as interest rates move slightly lower. The first month of 2024 proved to bring a slight chill to the metro market with a number of very snowy days hindering prospective buyers and sellers from jumping in," Erika Hansen, DMAAR president, said. "Still, the extra snow days didn't translate to falling numbers in all metrics. Instead, we can see pending sales are blooming, bringing progress as we move forward."