Springfield Missouri real estate is seeing many changes in the market. They say our part of the country is always the last to feel the bad economy and the first to pull out.
Because our market never had a huge increase in appreciation of Springfield Mo homes, our prices have not had to adjust as much as other parts of the country. Don't get me wrong......prices have fallen. Sales have slowed, however, the state of Missouri has been able to use the stimulus package for first time home buyers and jump start the market.
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February
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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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4,937
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5,469
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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 February:
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1,174
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1,233
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New listing average list price:
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184,913
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181,876
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Number of homes closing escrow (sold):
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340
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430
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Average Sold Price:
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139,343
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144,609
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Average Days on Market:
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77
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84
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First time home buyers are buying homes with low interest rates, filing their 2008 tax returns, then amending them to receive up to $8000 back to spend any way they want. Installing fences, purchasing new carpet, upgrading their homes, or even paying off additional expenses, taking vacations, etc.
So, if you are a buyer ready to purchase your first home in the Springfield area, Ozark, Nixa, Republic, Willard, Rogersville and other local communities, give us a call. We know the market.
Statistics 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
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 I hope your market continues to improve and you have a much better Spring!