Springfield MO Real Estate Market Report for March 2012

Real Estate Agent with RE/MAX Solutions and RE/MAX House of Brokers NRDS #2000172379

Below is the Springfield MO Real Estate Market Report for March 2012.  As with the surrounding communities, Springfield is showing signs of market activity increases in nearly every price range.  Looking at the 3 month comparison, home sales are nearly doubling in homes priced between $50-300K.  This is the most activity we have seen since the first-time homebuyer's tax credit, and I expect to see some very healthy numbers for April.  It's a great time to list your home as inventory is down from last Fall.







Homes for Sale in Springfield, MO:

  • Total Active Listings: 1303 homes
  • Under Contract:  288 pending sales
  • Total Sold Listings for March:  215 sales

Springfield MO Sales Price Information

  • Average Sales Price: $137,089
  • Sale Price to List Price Ratio: 96.49%

Days on Market (for Sold homes)

Average Days on Market: 127 days



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Comments (1)

James A. Browning
Browning Real Estate School/REO Institute - International, IT
MRE REOCertified(R) SSCertified

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Colorado

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Jul 01, 2012 03:00 AM