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Springfield, MA Market Statistics and Real Estate Trends

Springfield, MA November 1, 2009 - Springfield's home resale inventories , with a 6 percent decreased since October 2009. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in November. The median listing price in Springfield went down from October to November. There were a total of 6 price increases and 141 price decreases.

Springfield, MA Market Snapshots *

 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory528560 6%572 8%719 36%-
Median List Price$135,900$139,500 3%$139,900 3%$135,000 -1%-
  % Distressed 
5%5%---
Median Days
on Market
8678 -9%84 -2%94 9%-
Median House Size13501359 1%13491333 -1%-
Median Price
Per Sq. Ft.
$101$103 2%$104 3%$104 3%-
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory464492 6%499 8%644 39%-
Median List Price$139,000$139,900 1%---
  % Distressed 
6%6%---
Median Days
on Market
8271 -13%---
Median House Size14131440 2%---
Median Price
Per Sq. Ft.
$103$104 1%---
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory6468 6%73 14%75 17%-
Median List Price$117,500$107,000 -9%---
  % Distressed 
-----
Median Days
on Market
139120 -14%---
Median House Size10081006---
Median Price
Per Sq. Ft.
$85$84 -1%---

Springfield, MA Market Data Chart *

 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-141-11311512313111211111711778
Number of
New Listings
-12918519416917352391912317
Listings
Sold/Expired
-184-183165170184160134949964
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-128-1021041111191049910310772
Number of
New Listings
-12517117915515848351711227
Listings
Sold/Expired
-175-173151158173152123908958
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-13-1111121281214106
Number of
New Listings
-41415141544219-
Listings
Sold/Expired
-9-101412118114106
* Historical data may be incomplete in some areas.

Springfield, MA Market Data Graphs

Median List Price
Inventory
Price Changes

Statistics Dashboard - Compare Market Trends with Another City

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More Content on Movoto

Most Expensive Listing

1229 S Branch Pkwy, Springfield - 5 Beds, 4&1/2 Baths, $1,200,000
House Image Not Available
details
EXCEPTIONAL HOME! TOO MANY FEATURES to list.Spectacular views from walls of glass overlooking the Waterfront, Inground pool & gazebo. Quality thru-out. 3 decks + 2 story atrium; hobby rm; sauna rm; tanning. This offering is for the disciminating Buyer who will appreciate its many unique features.Very modern lines, Dining rm w/marble flooring. Room for extended family in Bonus 5 Room attached apart. with 2.5 baths. All City amenities yet privacy a 
Read More

Least Expensive Listing

69 Nelson Ave, Springfield - 5 Beds, 1&1/2 Baths, $22,000
House Image Not Available
details
Colonial home being sold in "as is/where is" condition, 8 rooms, 5 bedrooms, 1.5 baths (2nd fl 1/2 bath has been dismantled) fenced yard, vinyl siding, mostly replacement windows. Needs some work but worth the look, do not pass this one up. Subject to short sale. 
Read More

Highest Square Footage

1229 S Branch Pkwy, Springfield - 5 Beds, 4&1/2 Baths, $1,200,000
House Image Not Available
details
EXCEPTIONAL HOME! TOO MANY FEATURES to list.Spectacular views from walls of glass overlooking the Waterfront, Inground pool & gazebo. Quality thru-out. 3 decks + 2 story atrium; hobby rm; sauna rm; tanning. This offering is for the disciminating Buyer who will appreciate its many unique features.Very modern lines, Dining rm w/marble flooring. Room for extended family in Bonus 5 Room attached apart. with 2.5 baths. All City amenities yet privacy a 
Read More
Springfield, Massachusetts real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Springfield, MA. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Springfield, MA. Additionally, various price per square foot values are calculated to help you get a feel for how much house you get for the money in Springfield. Although we tried to make sure the statistics are accurate, it is sometimes hard to have them absolutely correct, so please consult your real estate agent or a Movoto-Certified Agent to confirm the statistics. You can also read about 01104 neighborhood information, 01105 neighborhood information, 01107 neighborhood information, 01108 neighborhood information, 01109 neighborhood information, 01118 neighborhood information, 01119 neighborhood information, 01128 neighborhood information, 01129 neighborhood information, 01151 neighborhood information and demographics, find a Springfield top rated agent, and learn about Springfield schools. Movoto is your comprehensive source for Springfield property information and Springfield homes for sale.

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Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.