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.
Springfield currently has 6.3 months of inventory. This number tells you how many months it would take for all the current homes for sale on the market to sell, based upon the rate of sales in the past. A Months of Supply of more than 5 months is what real estate professionals often call a "buyer's market." This means that there are more sellers than buyers in the area and homes are selling slower than they are being put on the market. Typically, this decreases prices.
The average list price of homes in Springfield for July was $462,246 and the average sold price was $320,786. This sold price represents nearly 6% lower than June and nearly 22% lower than July of 2012.
Homes in Springfield are selling quickly. The average home sold in July was sold after only 49 days on the market. In July of 2012, the average home sold after 74 days on the market, and as recently as April of 2013, the average home sold after 124 days on the market.
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:
Springfield, NJ Market Trends - 02/28/12