Springfield, MA
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

35

SINGLE FAMILY HOMES

Condos

2

CONDOS

Townhouses

3

TOWNHOUSES

MEANWHILE...

89

HOMES LISTED

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$140k
$112k$135k$158kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
0Homes
1-3
MONTHS
23Homes
OVER
3 MONTHS
20Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

87
DAYS
22%
7388103117132NovOctSepAugJulJun

And finally...What's the hottest street in

Springfield

parker st

For November 2016, Springfield, MA has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Springfield, MA was 614 and 43 homes were sold.