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 We have a 10 month supply right now, discarding the fact that new listings will come on the market and others will be withdrawn or expire.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.
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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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 see that the average list price has gone up... Are seller's on board with the NEW MARKET?