The West Des Moines housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 4.3% in the past month alone. With 87 active listings, inventory is 81% higher than seasonal norms. Homes are now taking an average of 117 days to sell, significantly longer than the 17 days typical for this market. A significant 43.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 7.4% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the West Des Moines market with the affordability index at 31.8. Based on current market indicators, home prices in West Des Moines are projected to increase by approximately 32.0% over the next month.
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