February 5, 2025 - 21:08
In a remarkable achievement for the Des Moines real estate market, a West Des Moines home has officially broken the $5 million barrier, becoming the most expensive property sold in the area for 2024. This milestone is indicative of a broader trend in the region's luxury housing market, which has seen significant growth in recent years.
Last year alone, more than 130 homes sold for over $1 million in the Des Moines metro, reflecting a substantial increase of over 120 properties sold at this price point in just the past decade. This surge highlights a growing demand for high-end real estate, driven by factors such as an influx of new residents, a thriving job market, and a desire for more spacious living options.
Real estate experts suggest that the continued rise in home values, particularly in affluent neighborhoods, is likely to persist as buyers seek out premium properties. The West Des Moines home serves as a testament to the evolving landscape of the local housing market, showcasing the appeal of luxury living in the area.
