Multi-family Foreclosures in Des Moines, WA

Current Market Conditions in Des Moines, WA

The real estate market in Des Moines has seen a steady increase in demand over the past year, with prices rising as more buyers seek out waterfront properties and family-friendly neighborhoods. This trend is partly due to the area's appealing lifestyle and proximity to Seattle, driving interest from both local and out-of-state buyers. Limited inventory has led to competitive bidding in many segments of the market, pushing prices higher for homes that are well-located and well-maintained.

A notable trend in the market is the growing interest in multi-family homes and investment properties, as investors recognize the potential for rental income in this desirable location. The overall market shows signs of stability, with many listings quickly going under contract, signaling a robust demand in the area.