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 Springfield Missouri Real Estate, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas.

 The Springfield Missouri Real Estate market is re-adjusting with the month of June closing 619 homes, dropping 110 from 2007.  Interest rates remain low, with homes priced to sell at or below market moving first.  Bank foreclosures in Springfield aren't the only great buys.  Informed sellers realize they must update their homes, along with staging and have reduced their prices to reflect the market.  If you are a seller in the Springfield market, remember that one out ten homes are selling every month.  We have a 10 month supply right now, discarding the fact that new listings will come on the market and others will be withdrawn or expire.

2367 Springfield Missouri Real Estate agents continue to work in Springfield and surrounding areas, down from 2496 in 2007.

 The majority of Springfield Mo homes are still being financed with conventional financing, followed up by VA and FHA.  Approximately 10% paid cash.  Buyers, if you plan to purchase a home in 2008, now's a great time to buy. In the Springfield Mo housing market, prices have dropped and are allowing more buyers to purchase homes they would not have been able to finance in 2007. 

Statistics for the end of June for Springfield Mo MLS:

June

2008

2007

Number of homes currently on the market:

6085

 

Average Active List Price:

200,797

 

New listings on the market in June:

1657

1888

New listing average list price:

185,848

180,961

Number of homes closing escrow  (sold):

619

738

Average Sold Price:

139,460

151,274

Average Days on Market:

71

63

* Figures courtesy of MLS of Springfield.  Number of homes currently on the market and average active list price is unavailable.

 

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Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Missouri.  She is ready and available to help you with all your Springfield Mo real estate needs.  To contact her go to www.kayvankampen.com.

If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at:  417.839.4534.

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Certified Distressed Property Expert

 

 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

Kay Van Kampen CRS GRI ABR (RE/MAX Solutions): Real Estate Agent in Springfield, Greene County, Missouri

   
 
 
 
This post has been included in Missouri Real Estate News Greene County, MO Real Estate News
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4 Comments on Springfield Missouri Real Estate - July 2008

AUG
13
2008
226,285 Points 10 Featured Posts Outside Blog Hit Router

Kay... I see that the average list price has gone up... Are seller's on board with the NEW MARKET?

8:03am • #1
552,869 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Debbie, makes you wonder doesn't it?  I think the average has gone up due to the number of higher priced homes going on the market and ending up as bank-owned properties.  The average selling prices have dropped.  Go figure!

10:36pm • #2
AUG
14
2008
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Kay, actually your numbers do not look too bad.  Many areas the movement in pirce, days on market are way off.

8:47am • #3
AUG
15
2008
552,869 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Jim, our market is holding a lot better than most of the country.  I'm seeing the bank owned properties rise.  Hopefully they will slow down and let the owner occupied homes sell.

7:21am • #4

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Kay Van Kampen–Springfield, Ozark, Nixa Greene County Missouri Real Estate Agent

Springfield, MO

More about me…

RE/MAX Broker, RE/MAX Solutions

Address: 1715 James River Road, Ozark, MO, 65721

Office Phone: (417) 581-7888

Cell Phone: (417) 839-4534

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The latest news according to Kay about real estate in Springfield Missouri and surrounding areas including, Ozark, Nixa, Rogersville, Republic, Willard, Strafford, Highlandville, and Clever.



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