The rising sales prices coupled with lower days on market indicate Springfield has moved into a strong seller’s market. April continues the upward trend from 2015, April was the 4th month this year showing positive sales gains over 2015. The number of sold homes and pending home sales are both up double digit percentages over April 2015. This is resulting in a continued rise in sales prices and that is welcome news for home sellers.
Home sales in Springfield, MO continue to out perform last year’s sales numbers according to the Greater Springfield Board of Realtors Multiple Listing Service. The number of sold homes for April 2016 is up over 10% compared to April 2015. The average Days on Market continues to drop and is down to 93 days.