Below is the Springfield MO Real Estate Market Report for August 2010. What is significant about this month's report has that the inventory is increased slightly, but so has the number of homes going under contract and sold. Springfield is faring much better than the outlying communities. This may be a sign that people are wanting to move closer to their employment in an effort to save on monthly expenses such as gas. However, sales in Springfield are down overall in comparison with the past couple of years.
Homes for Sale in Springfield, MO:
- Total Active Listings: 1794 homes
- Under Contract: 230 pending sales
- Total Sold Listings for June: 200 sales
Springfield MO Sales Price Information
- Average Sales Price: $134,446
- Sale Price to List Price Ratio: 98.17%
Days on Market (for Sold homes)
Average Days on Market: 102 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.