Below is the Springfield MO Real Estate Market Report for November 2011. The market has slowed down in terms of number of homes sold in most price categories. Additionally, the number of homes still on the market has decreased significantly. Many homeowners who do not HAVE to sell are withdrawing their homes from the market because of the holidays. The number of home sales has not declined as much as the number of homes withdrawn off the market. This means it is a good time to sell a home. There is less competition which means you have a greater chance of selling.
Homes for Sale in Springfield, MO:
- Total Active Listings: 1429 homes
- Under Contract: 213 pending sales
- Total Sold Listings for November: 176 sales
Springfield MO Sales Price Information
- Average Sales Price: $118,577
- Sale Price to List Price Ratio: 96.55%
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.