YOUR BUSINESS AUTHORITY
The high-end home market hit a low for the second half of the year.
For the monthly editorial series Curb Appeal, Springfield Business Journal compiled a list of 10 single-family homes within city limits that hit the market last month with asking prices of $500,000 or more. The November figure was down from 14 listed in October, 11 in September, 13 in August and 12 in July.
Collectively, the homes listed last month have asking prices of $8.9 million, according to Southern Missouri Regional MLS data.
Topping the list during the month was a $1.9 million residence with a swimming pool and 8.3 acres of land in far east Springfield.
The latest data from the Greater Springfield Board of Realtors show 725 homes sold locally in October, down from 773 a year earlier. Through October, year-to-date home sales were 7,058, up from 6,811, and the average sales price rose to $206,684 from $180,430 in the same period of 2020, according to the organization's market report.
Statewide in October, Missouri real estate agents sold 8,536 residential properties. The average sales price rose 6.9% to $241,530, according to a news release from the Missouri Realtors industry group.
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