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Springfield Real Estate Market Report - April, 2013
Springfield Real Estate Market Report - April, 2013
Springfield, NJ, is located in northern Union County and is home to roughly 15,000 people. New Jersey Monthly magazine ranked Springfield as the 85th best place to live in New Jersey.
All of Springfield's public schools are named for notably Springfield residents. Students in Springfield attend Edward V. Walton Early Childhood Center for grades Pre-K to 2, James Caldwell Elementary School in grades 3-5, Thelma L. Sandmeier Elementery School for grades 6-8 and Jonathan Dayton High School for grades 9-12.  Springfield students also attend Saint James the Apostle School serving grades Pre-K through 8.
 
In Springfield, the inventory has dropped significantly since last year. April of 2012 saw 110 active listings and April of 2013 only showed 87 active listings - a drop of 21%. 

Homes that sold in Springfield during April had been on the market for an average of 124 days, longer than homes sold for over a year.

Over the fall and winter, Springfield homes were selling at 97% of the list price but have dropped to sell for an average of 95% in April of 2013.

Sale prices in Springfield are lower now than they've been in ... more

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