Iowa home sales and prices continued to fall in October, according to statistics provided by the Iowa Association of Realtors. Realtors recorded 3,023 property sales in October, down 4 percent from a year ago when 3,141 homes sold. The state's median home price declined to $109,650 in October, down from $110,000 in September, and down 14.6 percent from $128,400 posted in October 2005. In Des Moines, the state capital, there were 825 home sales recorded in October, down 9 percent from the same month last year when 905 homes sold. The city's median home price during the period remained at $148,650. Sales in the Greater Davenport area were off 14 percent from a year ago, registering 192 sales in October compared with 224 in October 2005. The area's median home price was mostly flat during th...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.