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Springfield Home Values and Market Report

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 12 months, homes sold for 100.1% of list price in 21 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $750K Sold · $730K
$1.1M$900K$700K$500K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 17 sales in Jun. Last month: 1.

Where the market stands

All homes in this report, by status.

126homes
Active20 · 16%
Under contract9 · 7%
Sold (12 mo)97 · 77%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$709K
Under contract$831K
Sold$769K

Average days on market

Active174 days
Under contract48 days
Sold21 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 20
Average list price $708,660
Avg. days on market 174 days
Avg. price per ft² $342 Based on 17 of 20 homes
Avg. living area 2,447 ft² Based on 17 of 20 homes
Avg. beds / baths 4.2 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

3 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 17 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

3 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

7410 Dickenson St$509
5901 Cromwell Dr$454
5305 Ridgefield Rd$452
7503 Havelock St$426
7501 Nancemond St$415
6012 Loretto St$357
155 Josie Dr$343

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5305 Ridgefield RdBethesda, MD 20816 443,480$1,575,000$45227 days
6009 Brunswick StSpringfield, VA 22150 665,672$1,575,000$2775 days
5901 Cromwell DrBethesda, MD 20816 533,300$1,499,000$45410 days
6951 Essex AveSpringfield, VA 22150 643,668$1,100,000$29981 days
7304 Dickenson StSpringfield, VA 22150 553,173$1,050,000$33013 days
6012 Loretto StSpringfield, VA 22150 322,099$749,900$35716 days
5902 Erving StSpringfield, VA 22150 522,200$725,000$3293 days
7501 Nancemond StSpringfield, VA 22150 331,681$699,000$41582 days
5903 Hanover AveSpringfield, VA 22150 622,051$675,000$32911 days
7410 Dickenson StSpringfield, VA 22150 331,247$635,000$50979 days
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