Real estate in the Springfield Missouri and surrounding areas shows a steady market. With a total of 701 Units Sold, days on the market statistics are:
1-30 Days: 300 31-60 Days: 73 61-90 Days: 73 91=120 Days: 48 121=180 Days: 82 181+Days: 66
Average time on the market: 71 Days Average sold price: $139,423
Included in the Springfield Multiple Listing system are a number of counties, including Greene, Christian, Taney, Webster, Cedar, Dade, Hickory, Dallas, LaClede, Polk, St Clair, Douglas, Barry, Lawrence and Wright.
New listings for April 2006 was 1371. New listings for April 2007 was 1766.
Reviewing the information for the past year, the month of April shows a small decrease in sales with the average sold price increasing, higher list prices and the median sold price staying the same. Interest rates are still averaging 6% - 6 1/2%.
This is a prime time for buyers to purchase a home. Sellers are being advised to price their home to be competitive with the market.
Oh by the way, if you know someone who is looking to buy or sell a home, do you have a realtor that you would recommend? If not, I'd like to be that realtor. We love referrals.
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