Anyone who knows me knows that I am a numbers geek.  Each month, I export all of the data from the Greater Springfield Board of REALTORS® Multiple Listing System.  This month, I noticed some interesting things:

There are currently 1,707 members of our Board. 

298 members have dropped their membership since October 2009 (15%).

Only 58% of the agents have written a contract on behalf of a buyer in 2011.

Only 726 agents have sold a listing in 2011 (less than 43%)!

5 of the top 10 listing agents specialize in foreclosures and REO properties.

4% of the agents (the top 75) are producing 80% of the total sales!

The above data was based only on single-family home sales.   
  

Lina Robertson Jones Owner/Agent RE/MAX Solutions 1715 James River Road Ozark, MO, 65721	Mobile: (417) 844-7265 linarobertson@remax.net http://www.ozarks-realestate.com
RE/MAX - Outstanding Agents, Outstanding Results!

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 at www.ozarks-realestate.com 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.

 

 

Anyone who knows me knows that I'm a sucker for a love story.  I'm also addicted to "The X Factor."  Just give me some french onion chip dip, my favorite pajamas, a quiet room, a boxes of Kleenex, turn on "The X Factor," and I'm in heaven.  I don't know what it is about that show, but I get so emotional watching people overcome their fears, go out on stage and really just blow everyone away....including themselves.

I was even more excited when I saw MaKenna and Brock, and learned they are natives of Springfield, MO.  MaKenna is 22 and attends Drury University, and Brock is 18 and a graduate of Willard High School.  They met while singing together in a musical four years ago.  How sweet was it when Brock told the cameras that he was secretly in love with MaKenna!  He said she was a little stuck up at first, but when he thinks of her, his heart just jumps out of his chest.  Swoon!  I'll tell you what....if that girl is smart, she'll latch on to that guy...he's a keeper.

Lina Robertson Jones Owner/Agent RE/MAX Solutions 1715 James River Road Ozark, MO, 65721	Mobile: (417) 844-7265 linarobertson@remax.net http://www.ozarks-realestate.com
RE/MAX - Outstanding Agents, Outstanding Results!

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 at www.ozarks-realestate.com 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.

 

 

Offered at $179,900

Not a cookie cutter! This beautiful home is located in a great established neighborhood and features 4 bedrooms, 3 bathrooms, two living areas, stunning contemporary floorplan, spacious kitchen with center island and tons of cabinets, gorgeous laminate hardwood flooring, formal dining room, large master and master bath with double vanities, walk-in shower, jetted tub, wet bar in basement, privacy fenced yard with basketball pad, and storage building.

Lina Robertson Jones Owner/Agent RE/MAX Solutions 1715 James River Road Ozark, MO, 65721	Mobile: (417) 844-7265 linarobertson@remax.net http://www.ozarks-realestate.com
RE/MAX - Outstanding Agents, Outstanding Results!

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 at www.ozarks-realestate.com 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.

 

 

Someone asked me today if the average sales price has gone down this year over last year.  I wasn't sure, so I pulled the data from the MLS and prepared the chart below.

Basically, there is no rhyme or reason to the average sales prices over the past couple of years.  If you factor in the First-Time Homebuyer Tax Credit of last year, you can see that the average sales price naturally dropped during that period of time, which is undoubtedly due to the average sales price of that particular buyer.  However, that correlation doesn't explain this year's drop in sales price during the same period of time.  So, I don't think that we can attribute much to the tax credit.  It appears that the average sales price naturally drops during that time of year.

Overall, it looks as if the highest average sales price occurs in June, due to contracts written in May.  I am encouraged by the rising average that has occurred in the sale prices over the past three months.  The activity in our market is definitely on the upswing, and that is evident in this data.

Whether you're in the market to buy a home, or sell a home, in the Springfield, MO, area, it is important to be educated on the local real estate market trends.  Let me and my team analyze the data, and provide you with the knowledge you need to be able to make an educated and informed decision on your next real estate transaction.

Lina Robertson Jones Owner/Agent RE/MAX Solutions 1715 James River Road Ozark, MO, 65721	Mobile: (417) 844-7265 linarobertson@remax.net http://www.ozarks-realestate.com
RE/MAX - Outstanding Agents, Outstanding Results!

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 at www.ozarks-realestate.com 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.

 

 

Greater Springfield MO New Construction Home Sales

The Greater Springfield, MO, area has been the fastest growing area in the State of Missouri for the past 10 years.  With the downturn of the real estate market, new construction was the first segment of the market to be affected.  Most builders stopped completely.  Others tried to continue on, but were caught in the continued downturn and eventually went bankrupt. 

Those builders that survived continue to build, but not at the rapid pace of the real estate boom from 2003 to 2006.  It is becoming increasingly more difficult to find a new construction home, or even a home less than 5 years old for that matter.

The chart below details the number of home sales for 2010 v. 2011. 

You can see the reduction in the number of new construction homes sold.  The inventory has decreased as well because it is difficult for a builder to be able to compete with the prices of the existing homes and foreclosures.

But there are still buyers in the market that are not finding what they want....even with the large inventory available.  For those buyers, a new construction home is still a desirable option, especially with today's fantastic interest rates.

If you are considering building a new home, be sure to check with a local REALTOR® who is familiar with the business practices and reputations of the builders in the area, and can help guide you through the construction process and ensure that your rights are protected.

Lina Robertson Jones Owner/Agent RE/MAX Solutions 1715 James River Road Ozark, MO, 65721	Mobile: (417) 844-7265 linarobertson@remax.net http://www.ozarks-realestate.com
RE/MAX - Outstanding Agents, Outstanding Results!

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 at www.ozarks-realestate.com 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.