Below is the Springfield MO Real Estate Market Report for September 2011. The market is consistently showing signs of improvement in every price category, with the exception of homes priced from $300-350K, and $400-450K. The one deterring factor that is becoming glaringly obvious is the number of homes going under contract versus the number of homes actually closing. This is due to a variety of reasons such as inability to sustain financing, home conditions failing to pass inspections, and the overall reluctance of buyers to commit.
Homes for Sale in Springfield, MO:
- Total Active Listings: 1596 homes
- Under Contract: 272 pending sales
- Total Sold Listings for September: 203 sales
Springfield MO Sales Price Information
- Average Sales Price: $134,861
- Sale Price to List Price Ratio: 96.02%
Days on Market (for Sold homes)
Average Days on Market: 121 days
About the author: I am full-time REALTOR® with RE/MAX Solutions in Springfield, MO, and a member of the Greater Springfield Board of REALTORS®. I have helped hundreds of families in the Springfield, Nixa, Republic and Ozark real estate markets, whether buying a home, or selling a home. Visit my website to search for All Springfield MO Area MLS listings. Want to know what our market is like? My website is also an excellent resource for current Springfield MO Area Real Estate Market Reports, as well as current market reports for Ozark, Nixa, Republic, and Rogersville.