Here’s how the Real Estate Market in Springfield did in August 2022
During the month of August there were 155 Single Family Homes on the market in the Springfield area.
The average sale price was $331,901. These homes closed at an average of 98.6% of their list price with the average days on market at 12.
51 homes closed during August. There were 63 new listings and 51 homes went under contract.
There were 3.0 months of inventory available. Making this a Sellers Market. According to Realtor.com* – A balanced market typically equates to 6-7 months of supply; while a buyer’s market equates to 7 months of supply and above; and a seller’s market equates to 6 months of supply and under.
That’s all for this month’s report. If you’re curious to know what your home might bring on the market or if you’re ready to sell, give me (Renee Harrington) a call. I’m at your service!
Renee Harrington | #Realtor | 615-943-7384 Call/Text
Cope & Associates Realty and Auction, LLC 615-384-7500 Office
Serving areas #northofnashville #robertsoncounty #springfieldtn #crossplainstn #whitehousetn #orlindatn #portlandtn #greenbriertn #adamstn #cedarhilltn #coopertowntn #pleasantviewtn
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https://www.realtor.com/research/tag/months-supply/
Thinking of selling your home?
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Realtor Since 2003 – Renee offers old fashioned customer service, using leading edge technology.
Specialties:
Listing Agent
Buyer’s Agent (♥ 1st Time Home Buyers & Relocation )
New Construction
Call me! I’m at your service!!
Renee Harrington | Realtor
Aspire Realty LLC| 615-212-5076 Office
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