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Curb Appeal: High-end home listings drop in November

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Springfield’s high-end home market hit a 2020 low point in listings last month, according to Southern Missouri Regional MLS data.

For the monthly editorial series Curb Appeal, Springfield Business Journal compiled a list of single-family homes within city limits that have an asking price of $500,000 or more. In November, listings that met the criteria came to eight residences, compared with 14 in October and nine in September.

The September listing figure was the previous low for the year. While November represented the smallest amount of high-dollar homes listed to date, the combined asking price total of $6.8 million was not the lowest of the year. That came in April, when the total was $6.6 million; the highest was $16.7 million in May, according to past reporting and MLS data.

The highest listing last month is for a residence in east Springfield’s Berkeley Heights neighborhood, south of Sunshine Street. Listed for $1.5 million by Keller Williams Greater Springfield, the roughly 9,100-square-foot property has seven bedrooms and eight bathrooms.

The latest data from the Greater Springfield Board of Realtors show the average sales price for local homes in October was $225,556 and that the residences spent an average 33 days on the market before selling.

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