Below is the Springfield MO Real Estate Market Report for February 2016. Homes sales are strong right now with a healthy number of homes pending in every price bracket. Overall, sales are consistent with sales in past years, but short-term analytics indicate closings are down slightly from December. This is most likely due to the low inventory, and buyers having fewer choices. Homes priced between $50-100K aren't faring as well, making this the only price bracket to qualify as a "buyer's market."
Homes for Sale in Springfield, MO:
- Total Active Listings: 1,124 homes
- Under Contract: 294 pending sales
- Total Sold Listings for February: 203 sales
Springfield MO Sales Price Information
- Average Sales Price: $135,544
- Sale Price to List Price Ratio: 96%
Days on Market (for Sold homes)
Average Days on Market: 77 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.