Westside currently leans toward sellers, with a seller’s market reading even as conditions show signs of shifting. Months of supply has climbed to 5.9 in this rolling three-month view, far above Springfield’s 2.6 months. At the same time, homes are still going under contract quickly, with a median of 15 days on market and more than half going off the market within two weeks.
Prices have pushed higher over the past year, with the typical home value up about 15 percent compared with the same period last year. Listing activity has expanded, as active listings are up more than 40 percent year over year and new listings have increased nearly 60 percent. Even with this influx of inventory, no recent sales closed above list price, underscoring how buyer leverage has improved compared with earlier periods.
Sales volume has cooled in this rolling three-month snapshot, with homes sold down roughly 27 percent from a year ago while pending sales are still running higher than last year. This mix of rising prices, growing supply, and softer closed sales suggests buyers have more options while sellers must price carefully to attract offers. With conditions in Westside differing from the broader Springfield market, both buyers and sellers can benefit from Agent Pronto’s help connecting with a local agent who understands these evolving dynamics.
