The Springfield Mo real estate market is over for 2008. Across the country, prices have dropped, foreclosures have increased and short sales have become one of the best ways to market your home.
I received an email recently from a Springfield resident requesting I continue with updates on the Springfield Residential market. (Careful of what you write about......you never know who's watching! LOL!
Rumor has it that the market is very slow, Springfield homes are not selling and the market reports are depressing. But that's for those consumers that are not willing to readjust their prices to refect today's market.
So far this year, 4,795 homes were on the market in January, 2009. 1,175 new listings were introduced to the market and 279 sold. Remember, this is only 5% (FIVE PERCENT) of what is available for sale. This is one of the lowest months I've seen in years. But, this is also January. The market will pick up soon.
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January
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2009
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2008
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Number of homes currently on the market:
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4,795
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5,450
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Average Active List Price:
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?
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?
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New listings on the market in January:
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1,175
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1,591
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New listing average list price:
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178,629
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179,928
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Number of homes closing escrow (sold):
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279
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340
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Average Sold Price:
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138,010
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158,903
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Average Days on Market:
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77
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84
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Figures courtesy of Springfield MLS
Springfield Missouri Real Estate - December 2008
Springfield Missouri Real Estate - November 2008
Springfield Missouri Real Estate - October 2008
Springfield Missouri Real Estate - September 2008
Springfield Missouri Real Estate - July 2008
Springfield Mo Real Estate - June 2008
Springfield Missouri Real Estate - May 2008
Springfield Missouri Real Estate - April 2008
Springfield Missouri Real Estate - March 2008
Springfield Missouri Real Estate - January 2008
I am a Certified Distressed Property Expert specializing in short sales.
I service the following towns in the Springfield area: Springfield, Ozark, Nixa, Rogersville, Republic, Clever, Billings, Willard, Battlefield, Sparta, Highlandville, Spokane, Marshfield, Ash Grove, Strafford, Fordland, and Greene, Christian and Webster Counties in Missouri.
For information on Springfield Mo real estate visit: www.kayvankampen.com.
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Kay Van Kampen | RE/MAX Solutions. Springfield Mo 65721
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Kay, Good information for consumers.Hope the market has improved.