Springfield Mo Real Estate - First Half - 2008

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Real Estate Broker/Owner with RE/MAX Broker, RE/MAX 1999033519

The importance of pricing your home to sell in the Springfield Mo Real Estate market is more important today than ever.  Bank owned properties have increased, new construction is down.  There are still many great buys on the market now.

   Here is the figures for the first 6 months of 2008 for Springfield and surrounding areas.

  Jan Feb March April May June
Homes currently on the market 5450 5469 5645 5821 6043 6085
Average Active List Price 192,223 195,598 198,181 199,016 199,519 200,797
New listing on the market 1581 1233 1454 1740 1627 1657
New Listing Average List Price 179,928 181,876 180,224 185,367 182,841 185,848
Number of Homes Closing Escrow 340 430 486 546 690 619
Average Sold Price 158903 144609 143048 135,937 141301 139,460
Average Days on Market 78 77 78 76 73 71

 Is this normal for our market?  Here's statistics for the first 6 months of 2007.

  Jan Feb March April May June
New listing on the market 1208 1341 1748 1766 1895 1781
New Listing Average List Price 188,657 189,323 183,039 179,924 183,521 192,467
Number of Homes Closing Escrow 410 467 635 701 785 781
Average Sold Price 163,270 153,970 143,401 139,423 147,862 150,784
Average Days on Market 84 74 74 71 66 60

 These figures reflect the number of new listings have dropped since 2007, however, the number of sales have dropped.  In addition, the number of days on the market have increased.

Thinking of selling your home?  I'd be happy to discuss what it takes to sell a home in the Springfield market today.  Thinking of buying?  Take advantage of low interest rates and great homes to choose from.

 Kay Van Kampen Team

Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Missouri.  She is ready and available to help you with all your Springfield Mo real estate needs.  To contact her go to www.kayvankampen.com.

If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at:  417.839.4534.

 Statistics courtesy of Springfield MLS

Posted by

Springfield Mo Real Estate

Kay Van Kampen / Rhonda Kay Jones

The "KAY" Team

Kay Direct:  417-839-4534

Rhonda Direct:  417-880-4762

Contact us at: kvankampen@remax.net

 

SERVICE AREA:

The "KAY" Team services the following towns in the Springfield area:  Springfield, Ozark, Nixa, Rogersville, Republic, Clever, Billings, Willard, Battlefield, Sparta, Highlandville, Spokane, Marshfield, Ash Grove, Strafford, Fordland, and Greene, Christian and Webster Counties in Missouri.

 For information on Springfield Mo real estate visit: www.springfieldmohouses.com

 

  Search For Springfield Homes

 

Kay Van Kampen | RE/MAX House of Brokers. Springfield Mo 65804

 

 

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Rainer
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James Wexler
wexzilla.com - Scottsdale, AZ

I have really enjoyed reading your blog. I am relatively new to AR and have noticed you have received a lot of points and have achieved a remarkable high ranking. Congratulations! May I ask if you have had success in turning your high ranking into business? I am curious if it has been a profitable venture personally as well as financially. Thanks for sharing and best of luck in your business.

Jul 22, 2008 06:42 PM #1
Rainmaker
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Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

James, blogging has helped not only to get more leads, but the referrals have been great.  Keep up the good work and you'll start seeing the difference.

 

Jul 24, 2008 02:39 PM #2
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Rainmaker
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Kay Van Kampen

Realtor®, Springfield Mo Real Estate
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