Springfield Mo Market Trends for May 2016
| Active Listings | Sold Listings | Average Sales Price | Months Inventory | |
| 2015 | 1248 | $149,922 | ||
| 2016 | 1301 | 1437 | $150,585 | 4.53 |
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Real Estate in the Springfield market is booming and the market report is beginning to show the results.
With 1437 residental sales in so far in 2016, 1301 homes still remained active on the market, with 1529 pending sales. The average days for marketing is down from 74 days in 2015 to 66 days in 2016.
The average sales price in 2015 for residentail sales was $147,922, down from 2016 at $150,585.
Many subdivisions are short on inventory or have no inventory at all.
Thinking of selling your home? Now's the time. Search Now or call us today.
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