Two of Missouri's cities are still Top 40 Overpriced Housing Market.
According to Forbes.com, two of Missouri's cities still most overpriced, stay on the market longest, and sell for less.
Springfield Missouri is not on the list. Checking out some other cities around the country, buyers and sellers in the Springfield real estate market have no reason not to purchase or sell real estate.
Homes prices are gradually falling, home sales have increased, number of days on the market are up, and listings are down.
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November |
2009 |
2008 |
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Number of homes currently on the |
4854 |
5207 |
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market |
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New listing average list price: |
161,703 |
173,303 |
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Number of homes closing escrow (sold): |
575 |
373 |
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Average Sold Price: |
124,306 |
130,268 |
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Average Days on Market: |
79 |
71 |
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The way I see this market, buyers can get more for the money, but the good buys are going fast. If you see a great buy, don't hesitate.....you'll miss out on it.
Sellers, want to sell you Springfield Mo home? Price it to compete with the foreclosures. You too will be able to take advantage of the low prices in the Springfield Mo real estate market.
Statistics courtesy of Springfield MLS.
Kay Van Kampen is a local Realtor serving Springfield, Ozark, Nixa, Rogersville, Republic and surrounding areas in Greene, Christian and Webster Counties in Missouri. She is ready and available to help you with all your Springfield Mo real estate needs. To contact her go to www.kayvankampen.com. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Springfield, Ozark, Nixa, Rogersville, Republic, Willard and surrounding areas or would like to be the first to know about hot new listings before other buyers do, then give me a call at: 417.839.4534.
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RE/MAX Solutions www.kayvankampen.com
Springfield, MO, 65721
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