Springfield, Illinois Homes and Real Estate with Stephen J. Klemm, Realtor - Buy, Sell, Relocation

MARCH: The Capital Area Association of Realtors preliminary home sale statistics for Mar of ‘09 reveal a 13.4% increase in residential transactions with 288 sold and closed as compared to 254 in ‘08. The average sale price of an existing single family home in Mar of ‘09 was $126,500 reflecting a 1.9% decrease from the Mar ‘08 price of $128,900. The median sale price in Mar ‘09 of $115,750 reflects an increase of 9.4% over the $105,750 median sale price in Mar ‘08. Sale pendings in Mar ‘09 were 404 reflecting a 1.2% decrease from the 409 sale pendings in Mar ‘08. Listings were down 11.8% with 463 new listings in Mar ‘09 as compared to 525 in Mar ‘08. Total dollar volume of homes sold in Mar ‘09 of $36.4 million yielded a 11.3% increase over Mar ‘08 dollar volume of $32.7 million.

YTD THROUGH MARCH ‘09: There were 648 home sales YTD through Mar ‘09, reflecting a 3.3% decrease from the 670 home sales through YTD Mar ‘08. For YTD through Mar ‘09 the average sale price was $121,200 reflecting a 1.4% decrease from the YTD through Mar ‘08 price of $122,800. The total dollar volume of property sold YTD through Mar ‘09 of $78.5 million, reflected a 4.6% decrease from the YTD through Mar ‘08 dollar volume of $82.3 million.