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Springfield, Missouri |
June
09, 2005 |
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AREA HOUSING MARKET
STAYS AHEAD OF U.S. |
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Springfield’s average home sales price jumped $10,000 in 2004,
averaging $126,240. This represents an 8.7%
increase and shows the first solid increase in home values since
2001 when they increased 10.1%.
As depicted in the graph below, Springfield
home values have changed on a 3-year cycle—starting with a significant value
increase followed by a 2-year plateau.
National figures show new home sales for 2004 provide a value
increase of 7.8%--a healthy figure for home values in the U.S.
During that same time frame Springfield’s metro area produced a 10.7%
growth in new home sales price. |
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Visit us at
www.business4springfield.com for additional information
regarding developments and data on the Springfield area. |
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If you can not read
all of this email please visit this web address
www.business4springfield.com/news |
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