Springfield Virginia Real Estate Sales Market Report for November 2009

MyFairfaxCountyRealEstate.com

November 2009 Springfield Real Estate Sales Market Report
*110 Active Homes

Summary:

Springfield has stayed pretty much the same as October. Homes are continuing to stay on the market less than a month. This is great news for sellers.  Also home prices if they are priced correctly are selling pretty close to asking price.

Contact us if you are thinking about buying or selling in Springfield

Single Family Homes Springfield

• Sold Springfield Homes in November 2009: 63 homes
• Average Sold Price: $411,715
• Median Sold Price: $390,000
• Homes sold for about: 99.0% of asking price
• Average Days on Market: 34 days 

Out of the 63 Springfield home sales in November - 19 (30%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Springfield

• Sold Springfield Townhomes in November 2009: 47 homes
• Average Sold Price: $299,725
• Median Sold Price: $319,888
• Homes sold for about 99.2% of asking price
• Average Days on Market: 23 days

Out of the 47 Springfield townhomes that sold in November -  26 (55%) were distressed (foreclosure, bank owned, short sale).

Condos in Springfield

• Sold Springfield Condos in November 2009: 13 homes
• Average Sold Price: $203,123
• Median Sold Price: $210,000
• Homes sold for about 100.4% of Asking price
• Average Days on Market: 44 days

Out of the 13 Springfield condos that sold in November - 8 (62%) was distressed (foreclosure, bank owned, short sale).


Springfield zip codes - 22150, 22151, 22152, 22153, 22156, 22158, 22159, 22160, 22161

  Email: natejohnson@kw.com

703-725-2929