ππ Ballard Market Update - November 2020
πΈ Hereβs a snapshot of the Ballard area real estate market for November 2020. Hereβs what you should know:
1. The Inventory of homes for sale in Central Iowa is currently at a TWENTY YEAR LOW π±
2. Home prices still continue to rise
3. New construction makes up 65% of the homes currently for sale in the Ballard area.
Bottom Line:
New construction homes are filling the void left by homeowners waiting until the pandemic passes. If buying a home is in your 2021 plan you should start thinking about new construction. Which means if you need to build your timeline could shift.
Not sure where to start with new construction? Send us a DM or take our Homebuilding course - itβs self paced & FREE! ππ» https://bit.ly/3dGtVcb
Curious what the market is like in YOUR zip code? Or what your home would sell for right now? Comment with your zip code or send us a message - no strings attached.
***Market activity for Cambridge, Huxley, Kelley & Slater. Stats pulled from the Des Moines MLS.
π₯ Questions? Contact us today! | Hokel Real Estate Team | π²515-981-2113