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September 17, 2014, 8:31 am
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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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