springfield/spall DETACHED - FEBRUARY 2 0 2 5
MONTHS OF INVENTORY - SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 48% VS 2024
▼ 100% VS 2024
▼ 100% VS 2024
▼ 100% VS 2024
There were 37 detached listings in Springfield/Spall in February, 9% above January and 48% higher than February 2024. February detached home sales decreased by 100% month-over-month, to 0, and were 100% below February 2024. The months of inventory for detached in Springfield/Spall, at 0.0, reflected a sellers' market.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL LISTINGS TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
- - - - 37
$505,000 $505,000 25.0 1 25
-100% -100% -100% -100% 48%
$576,800 $507,600 6.8 5 34
-100% -100% -100% -100% 9%
The detached median price in February was $0, a 100% decrease from January and 100% below February 2024.
The average sold price was $0, 100% below last month and down 100% to February 2024.
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE 44
128
40
36
35
37
31
31
30
34
34
28
25
26
7
7
7
4
4
5
1
1
1
6
5
1
$928K
$870K
$825K
$822K
$710K
$673K
24
$659K
$545K
$505K
$508K
$483K
$389K
Feb-24
Jan-25
Feb-25
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
12
10
8
6
4
2
0
<$600K
$600K-799K
$800K-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.74M $1.75M-1.99M $2.0M-2.49M $2.5M-2.99M
$3.0M+
MOI INVENTORY SALES
0 6 n/a
0 1 n/a
0 12 n/a
0 5 n/a
0 3 n/a
0 2 n/a
0 4 n/a
0 2 n/a
0 2 n/a
Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of March 10, 2025. All data from Association of Interior Realtors & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 41 ●
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