West Springs Apartment Market Update – November 15, 2025
Market Highlights (as of November 15, 2025)
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Average Sold Price: Over the past 12 months, apartment-style condos in West Springs have achieved an average sold price of about $579,399.
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Average Days on Market: The average listing timeframe over the period was around 54.2 days, which reflects an extended listing timeframe, indicating that some properties require more days of exposure.
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Odds of Selling: Combining completed sales and current pendings, the success rate for a apartment listing in West Springs over this window comes in at roughly 22.9%, based on 31 sold, 1 pending, and 108 that did not sell.
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Monthly Selling Rate: A total of 31 sales over the past year translates into a monthly selling rate of roughly 2.7 apartment sales per month in West Springs.
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Months of Inventory: With 34 active listings at the time of this snapshot and the current selling rate, months of inventory sits near 12.8 months, indicating that inventory is on the higher side, so pricing, presentation, and strategy matter more for achieving a sale.
Time to Sell
The Time to Sell chart plots individual apartment sales in West Springs by days on market and sold price over the past 12 months, from 2024-11-15 to 2025-11-15. Each point represents one sold listing, with days on market on the horizontal axis and sold price on the vertical axis, plus reference lines showing the average sold price and a typical listing timeframe for this segment.
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In the last 12 months, most apartment listings have needed about 54.2 days on average to go firm. That figure offers a realistic sense of how long the process typically takes.
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Sales that completed in less than about 21.5 days sit on the faster side of the chart and often reflect well-prepared listings that were aligned with recent pricing, while sales that took longer than roughly 64.5 days illustrate cases where extra time was needed before the right buyer and price match came together.
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Across this period, the average sold price for apartment homes in West Springs has been near $579,399, and points that sit well to the right of the typical days-on-market line highlight situations where pricing, condition, or more specialized features required additional exposure before a firm sale.
Odds of Selling
The Odds of Selling chart summarizes how many apartment listings in West Springs have sold, how many are still on the market, and how many were removed without a completed sale over the past 12 months, from 2024-11-15 to 2025-11-15. It also rolls those counts into an overall estimate of the percentage of listings that ultimately reach a firm sale.
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Odds of Selling: Over this 12-month window, 31 apartment listings in West Springs sold and 1 are still working toward a firm sale, while 34 remain active and 108 came off the market without selling. Taken together, that works out to an overall success rate of roughly 22.9% for this segment.
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Monthly Selling Rate: Based on those results, the segment has been averaging about 2.7 apartment sales per month, which gives a feel for how many homes are actually changing hands in a typical month.
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With around 12.8 months of inventory derived from 34 active listings and the recent selling rate, inventory is on the higher side, so pricing, presentation, and strategy matter more for achieving a sale
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In this context, “not sold” captures listings that were terminated, expired, or withdrawn without reaching a firm sale, which helps distinguish between properties that successfully completed the moving process and those that left the market for other reasons.
Buying Pattern
The Buying Pattern chart shows how many apartment sales in West Springs were completed in each of the last 12 months, including 11 full months plus the current month-to-date, so you can see how activity has moved through the year between 2024-11-15 and 2025-11-15.
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The busiest months for closed apartment sales over this period were Apr 2025 and Jul 2025, where the bar heights sit at the top of the chart for this 12-month window.
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On the quieter side, months such as Jan 2025, Mar 2025, and Nov 2025 sit closer to the bottom of the chart, illustrating periods where fewer apartment sales were recorded.
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Across the 12-month window, monthly closed sales ranged from about 0 to 5 deals, for a total of 30 completed sales. That lines up with the monthly selling rate of roughly 2.7 sales per month shown in the broader odds-of-selling view.
Price vs. Square Footage
The Price vs. Square Footage chart focuses on the last three months of apartment sales in West Springs, plotting each sale by interior size on the horizontal axis and sold price on the vertical axis. A trend line is overlaid to summarize how sale prices have tended to move as square footage changes in this recent sample.
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Recent closed apartment sales in this view span from around 573 sq. ft. through to roughly 1,765.1 sq. ft., and within that range the trend line suggests a fairly strong relationship where higher square footage has recently been associated with higher sale prices.
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The chart highlights a typical size range where many apartment homes have changed hands recently, and within that range you can see how prices step up as square footage increases. This reading comes from around 7 sales over the most recent quarter.
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Taken together with the average sold price of roughly $579,399 over the full 12-month window, the chart can be used as a directional guide: you can locate a home's square footage on the horizontal axis, follow it up toward the trend line, and get a sense of where similar recent sales have been concentrating on the price scale.
Key Takeaways
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Market tilt: Inventory has been running at about 12.8 months, which places the apartment segment in West Springs in a buyer-leaning conditions position. That context matters when deciding how assertive to be on list price and how flexible to be during negotiations.
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Listing outcomes: Taken together, around 22.9% of recent apartment listings in West Springs have progressed to a sale or pending status, while the balance have left the market without selling. That highlights how closely outcomes track to both pricing strategy and how ready the home is when it hits the market.
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Time to sell: The typical apartment listing in West Springs has taken around 37 days to firm up, which means the selling process has often required a longer marketing window before firming up; for planning purposes it is wise to allow for some variability around that median.
Other Property Types in West Springs
Want to see the market trend for other property types in West Springs?
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