The Springfield Mo real estate market is still booming. New subdivisions are popping up all over the area. But Inventory is still at an all time low. According to the Springfield MLS, 1509 homes sold on a monthly average.
Right now, there is less than a month's supply of homes to sell. This is causing prices to rise and bidding wars. Prices on homes have risen to the point that most first time homebuyers are unable to buy. Luxury homes continue to sell, but at a slower rate. Prices are continuing to rise. For how long, is a question many say has to end soon.
Thinking of selling your home? Want to know what your home is worth?
Now's the time for action. Call The "KAY" Team today and let's get started.
That's a very low inventory. Hope it picks up soon.