Springfield, VA November 1, 2009 - Springfield's home resale inventories decreased, with a 9 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 1 price increases and 8 price decreases.
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 169 | 184 9% | 194 15% | 460 172% | - |
| Median List Price | $412,000 | $419,500 2% | $394,400 -4% | $348,500 -15% | - |
% Distressed | 16% | 16% | - | - | - |
Median Days
on Market | 51 | 43 -16% | 58 14% | 68 33% | - |
| Median House Size | 2450 | 2602 6% | - | - | - |
Median Price
Per Sq. Ft. | $174 | $181 4% | $193 11% | $184 6% | - |
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 129 | 133 3% | 135 5% | 291 126% | - |
| Median List Price | $461,900 | $489,900 6% | - | - | - |
% Distressed | 15% | 14% | - | - | - |
Median Days
on Market | 50 | 46 -8% | - | - | - |
| Median House Size | 2808 | 3509 25% | - | - | - |
Median Price
Per Sq. Ft. | $174 | $182 5% | - | - | - |
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 40 | 51 28% | 59 48% | 169 322% | - |
| Median List Price | $339,000 | $328,000 -3% | - | - | - |
% Distressed | 20% | 22% | - | - | - |
Median Days
on Market | 57 | 34 -40% | - | - | - |
| Median House Size | 1920 | 1452 -24% | - | - | - |
Median Price
Per Sq. Ft. | $172 | $174 1% | - | - | - |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 8 | 51 | 65 | 54 | 57 | 69 | 63 | 105 | 95 | 116 | 96 |
Number of
New Listings | - | 6 | 150 | 144 | 168 | 138 | 29 | 20 | 26 | 10 | 11 | 5 |
Listings
Sold/Expired | - | 12 | 194 | 213 | 216 | 194 | 273 | 326 | 347 | 218 | 226 | 216 |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 5 | 34 | 41 | 38 | 41 | 48 | 43 | 61 | 52 | 67 | 58 |
Number of
New Listings | - | 4 | 95 | 89 | 102 | 88 | 19 | 16 | 15 | 6 | 8 | 4 |
Listings
Sold/Expired | - | 9 | 120 | 134 | 139 | 127 | 161 | 203 | 207 | 130 | 152 | 133 |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 3 | 17 | 24 | 16 | 16 | 21 | 20 | 44 | 43 | 49 | 38 |
Number of
New Listings | - | 2 | 55 | 55 | 66 | 50 | 10 | 4 | 11 | 4 | 3 | 1 |
Listings
Sold/Expired | - | 3 | 74 | 79 | 77 | 67 | 112 | 123 | 140 | 88 | 74 | 83 |
* Historical data may be incomplete in some areas.
Springfield, VA Market Data Graphs
Median List Price
Inventory
Price Changes
Statistics Dashboard - Compare Market Trends with Another City
Springfield, Virginia real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Springfield, VA. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Springfield, VA. 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
22150 neighborhood information,
22151 neighborhood information,
22152 neighborhood information,
22153 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.