Springfield Virginia Real Estate Sales Market Report for December 2009

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December 2009 Springfield Real Estate Sales Market Report
*152 Active Homes

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Summary:

This month home sales went down and active homes on the market went up.  This should make for a much better January here in Springfield. Distressed properties are still very abundant here also.  We work with alot of distressed properties and have a very god track record of getting these deals done and much quicker than other agents. 

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

Single Family Homes Springfield

• Sold Springfield Homes in December 2009: 44 homes
• Average Sold Price: $407,954
• Median Sold Price: $385,000
• Homes sold for about: 97.7% of asking price
• Average Days on Market: 37 days 

Out of the 44 Springfield home sales in December - 16 (36%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Springfield

• Sold Springfield Townhomes in December 2009: 32 homes
• Average Sold Price: $296,906
• Median Sold Price: $305,000
• Homes sold for about 99.2% of asking price
• Average Days on Market: 25 days

Out of the 32 Springfield townhomes that sold in December -  11 (34%) were distressed (foreclosure, bank owned, short sale).

Condos in Springfield

• Sold Springfield Condos in December 2009: 4 homes
• Average Sold Price: $253,000
• Median Sold Price: $210,000
• Homes sold for about 97.8% of Asking price
• Average Days on Market: 57 days

Out of the 4 Springfield condos that sold in December - 2 (50%) 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