Springfield Real Estate Market Falls to New Listings Bottom

The Springfield market recorded 21 home sales over the last 30 days. Also, a record low 13 new listings came into the market, the fewest since last January. In comparison, Nether Providence Township led all other nearby municipalities with 10 new listings. As new listings were reduced, the median sales price climbed for the homes that have sold, trending upwards for four weeks to reach $300,000. With only three months of inventory to sell, combined with the downward trend in new listings numbers and the overall rising prices, Springfield is a seller's market.

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Data reported through 1/11/2017

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