Des Moines' $1.4M+ Grand Oakcrest Townhomes going fast

If the Des Moines real estate market has cooled, it's not showing at these new incoming townhomes.

• Grand Oakcrest Townhomes were listed last month at just over $1.4 million each.

Driving the news: Four of the seven units are sold and a fifth has a pending sale, real estate agent Andrew DePhillips told Axios Tuesday.

Catch up fast: It's a development at the corner of 40th Street and Grand Avenue on land formerly owned by St. Augustin Catholic Church.

• Construction will begin in coming days and be completed in about a year.

Specs: Each unit will be around 2,500 square feet with two stories, two bedrooms, 2 1/2 bathrooms and a two-car garage.

• Grand Oakcrest also features a rooftop terrace, hardwood floors, quartz countertops and LED lighting.