Springfield Real Estate Market Report - April, 2013

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Real Estate Agent with Samsel & Associates 0790808

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 15 months. The average home that sold in Springfield in April of 2013 sold for $307,950 which is  just 2% lower than in March of 2013 but 15% lower than those sold in April of 2012.

 

 

To see a complete list of all homes offered for sale in Springfield, NJ, please click here.

If you have a home in Springfield that you'd like to sell, contact us for a free comparative market analysis!

 

For more information on Springfield, NJ:

10 Union County High Schools Make Newsweek’s Short List - 05/08/13

How long will my Union County home be on the market? - 02/24/13 

Springfield, NJ Market Trends - First half of 2012 - 07/20/12

 Springfield, NJ Market Trends - 02/28/12

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~ Wayne & Jean 

Union County, NJ - a great place to live and work!

If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.

 

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All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully. 

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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
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Good morning Wayne and Jean -

You have provided excellent information on the Springfield Real Estate Market for April, 2013.  Anyone interested in buying or listing their property would be wise to contact you for real estate assistance!

May 28, 2013 03:10 AM #1
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Wayne and Jean Marie Zuhl

The Last Names You'll Ever Need in Real Estate
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