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October 21, 2014, 2:59 pm
970 WMAY News

Home Sales and Prices Are Up in Springfield Are for 2012

Home sales and prices were up in 2012, according to the Capital Area Association of Realtors, despite a decline of sales in December.


Year-to-date, home sales were up 9.4 percent over 2011, with just over 3,500 homes sold.


The median sales price was up slightly from the previous year.


According to a release from the realty group, new construction sales were up nearly 4 percent setting a record.


Meanwhile, the outlook for 2013 is cautiously optimistic and is dependent upon continued improvement to the Springfield area economy.

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