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Reviewing the Single Family home sales for the Mississippi Gulf Coast good news is in the reports!
April saw the number of homes sold during the month down from 286 to 281 homes sold. Not a significant change in homes sold. However, during the month of April, the Median and Average price of homes that did sold increased. The median price increased from $86,763 in March to $93,900 in April! That's over 8% increase!!! And the Average price increased from $112,740 in MARCH to $118,253 In April! That's about a 5% increase.
The Number of homes sold from May to June on the Mississippi Gulf Coast INCREASED BY 7.7% The Median price of those homes INCREASED BY APPROX 3.2% The Average price of those homes INCREASED BY APPROX 2.1%
Here are the actual numbers from the Gulf Coast MLS data for Single Family residences sold in June of (1 comments)
This compares to Mar 2011 Total Homes Sold 299 Median price $95,000 Average Price $113,745
And compared to April 2010 Total Homes sold 300 Median Price $119,500 Average Price $126,284
So as you can see, we are down from last month and last year this time. More buyers are out there coming in our door, but the contract times for foreclosures (0 comments)
mississippi gulf coast: Alternate Energy Solutions in Mississippi - 04/07/11 05:12 PM
Hello Everyone! You know and I know that we need to REDUCE the amount of foreign oil we are using. There are many ways to do this. Natural Gas, Solar, Wind, etc. But I want to talk about Solar right now. Solar now is in the same place Cell phone usuage was in the early 90's. Back then, you knew about it, might even knew people that had them, but by far, most of us didn't have one. But...now, even though most people don't have solar YET, YOU might want to look into solar Now! It helps reduce our dependence on foreign oil. Makes (0 comments)
mississippi gulf coast: Home Sales up on the Mississippi Gulf Coast - 03/07/11 03:41 PM
Hi Everyone! I just pulled the stats for February for the Mississippi Gulf Coast according to our Gulf Coast MLS system. The number of residential homes/condos that sold in February 2011 is up from January 2011 and it is also up form a year ago stats for February 2010. Here is the breakdown: Single Family Units that SOLD in FEB. 2011 : 186 Single Family Units that SOLD in Feb. 2010: 173 Single Family Units that SOLD in Jan. 2011: 180
So you can see we have more sales going on compared to last month, and last year! That's the good (1 comments)
follow this link to go NAR's Housing Stats for the 4th Quarter of 2010 Housing Stats for the Gulfport/Biloxi area. These stats are for the whole coast, including Biloxi, Gulfport, Ocean Springs, Bay St. Louis, Pass Christian, Long Beach, D'Iberville and St. Martin. Gulf Coast Realty serving the Mississippi Gulf Coast for all real estate on the Mississippi Gulf Coast. (0 comments)
mississippi gulf coast: Beautiful Sunny Day here on the Mississippi Gulf Coast - 02/26/11 09:31 AM
Hi All It is a beautiful Sunny day here on the Mississippi Gulf Coast. The Long Beach Mardi Gras parade is today at 6pm. It should be fun! Here on the coast we celebrate Mardi Gras by parades for about 3-4 weeks until Mardi Gras day itself! Mardi Gras Balls, King Cakes, Throws. Just a whole lot of fun! (1 comments)
mississippi gulf coast: Mississippi Gulf Coast - a yankee's perspective - 02/25/11 05:07 PM
Hi All, I just wanted to let you all know, that I was born and rasied in Brooklyn NY. I lived there till I was almost 30. I moved down to Gulfport, Mississippi because my (now ex)wife was from Slidell, LA and we wanted someplace close to her relatives, but more importantly, close to the water. I have been down here now since 1992. I love this place, the people are warm and friendly. They love a good time, and we have so many things on the coast. For example, we are open 24hours 7 days a weeks with multiple casinos (2 comments)
mississippi gulf coast: Is being a REALTOR falling behind the information curve? - 02/24/11 07:38 PM
HI Everyone, Well, I just wanted to share some of my worries and concerns with all of you on ActiveRain. I believe that the pace and evolution of information availability and technology is leaving the NAR and MLS systems behind in the dust. Let me state that I have been a REALTOR for 12+ years. That I have believed it better to be a REALTOR than just a licensed agent. But... now I am begininng to wonder, if NAR and the MLS systems are looking out for their own interests and not the interests of their constituents (the REALTORS). I think (1 comments)
mississippi gulf coast: Residential Home Sales for the Mississippi Gulf Coast for December 2010 - 01/18/11 01:15 PM
Hi Everyone! Well here are the Stats for Dec 2010 from the MS Gulf Coast MLS for residential homes in the area Dec 2010 closed single family unit sales: 293 Dec 2010 Median Closed Price: $100,000 Dec 2010 Average Closed Price: $118,687 compared to Nov 2010: Nov 2010 closed single family unit sales: 225 Nov 2010 Median closed price: $110,000 Nov 2010 Average closed price: $115,661
Well as you can see, the number of Closed homes for December is up! More buying is going on. This is good for the coast, good for the economy. But with the good, there is also (0 comments)
The National Association of REALTORS research has disclosed today that consumer confidence for the last week is up. If it this trend continues throughout the month, this will be the second month in a row that consumer confidence has risen. That's Great News! That is the engine that drives our economy. What people think and believe, generally foretells, whether they will be buying or not. IF they feel confident, then they buy more, raising up the general economy, which in turn generates, more production, more jobs, and a better economy. Here is the link from NAR research: http://www.slideshare.net/NARResearch/economic-indicators-for-week-of-november-0812-2010?from=share_emai (2 comments)
mississippi gulf coast: Real EState Stats for Sept for the Mississippi Gulf Coast - 10/13/10 01:00 PM
HI, Here are the stats for the Mississippi Gulf Coast for the month of September according to the Gulf Coast MLS. There were 241 Residential Sales in the month of September on the MS Coast The Average Price was $124,550 The Median Price was $117,900 Now that is an increase over August 2010 sales in both number of sold residential properties (238 in Aug) And an increase in the Median & Average Price (Median price $94,000 in Aug) (Average Price $118,782)
Now, I am not saying this is a big change, but it is a positive change. I believe that (0 comments)
I just wanted to let you know, that while July was a low month in terms of sales, August is better. In fact the number of closed residential properties on the coast increased 7.2% from July The actual number of closed residential properties went from 222 in July to 238 in August.
However our average sales price and median sales price are still going down. In July the Average sales price was $129,738 In July the Median sales price was $110,000
In August the Average sales price $118,782 In August the Median sales price $94,000
The statistics (2 comments)
mississippi gulf coast: Free Buyer's Seminar & Foreclosure Seminar Tuesday Sept. 7 6:30pm-7:30pm - 09/07/10 12:04 PM
Hi Everyone! I wanted to invite anyone in the Gulfport/Biloxi area of Mississippi to a Free Buyer's Seminar & Foreclosure Seminar tonight at 6:30pm. The seminar will show you how to obtain financing, what to look for in finding a REALTOR, how to negotiate offers, how to get down payment assistance. All about the Grant programs and Bond money that is available to first time buyers. Also we will be talking on how to write an offer, how to write offers if its a foreclosed property and more. Good information and a Free Foreclosure List! For more info call Gerard at (0 comments)
mississippi gulf coast: Housing Stats for the Mississippi Gulf Coast are the effected by the Oil Spill? - 06/30/10 02:18 PM
Hi Everyone, I just did some research on our Gulf Coast MLS system to compare stats for the Mississippi Gulf Coast Area for the months of May & June from 2007 till today. What I have seen is a downward trend in the number of homes sold for each period. In 2007 for the time of May 1 to May 30 there was 416 properties sold, In 2007 for the time of June 1 to June 30 there was 465 properties sold In 2008 from May 1 to May 30 there was 280 properties sold in 2008 from June 1 to (3 comments)
mississippi gulf coast: Bank of America's Equator System - 06/09/10 12:19 PM
Has anyone done a short sale on the equator system? Have you had a buyer walk away and hit the reject button? Do you know what happens if they come back???? You start all over. Once you hit that reject button on Bank of America's equator system, you cannot submit any other offers on that property, re submit or anything until they reset the system. We rejected an offer for a buyer around May 21. Today, June 9, I still cannot put another offer in on that property. I have tried, I have talked with Equator and Bank of America. We (3 comments)
mississippi gulf coast: The Mississippi Gulf Coast - 05/21/10 12:08 PM
I just wanted to talk a little about the Missisippi Gulf Coast. It is in my opinion a GREAT location to live. First, we have white sand beaches along the Gulf of Mexico, mostly unblocked by buildings so you can drive along highway 90 in Harrison county and see the gulf for just about the whole ride. (So far the oil from the Gulf Spill hasn't hit the Mississippi Gulf Coast- and it's looking like it may head south instead) Second, The People are great. Friendly and hospitable they make people from out of the area feel welcome- I should know (1 comments)
mississippi gulf coast: The Mississippi Gulf Coast has more activity! - 07/02/09 11:38 AM
The World's Largest Fishing Rodeo opened today in Biloxi, MS. Says the Sun Herald, "The event features saltwater categories ranging from amberjack to stingray with six additional categories in the freshwater division. Toss in four shootouts and a kids fishing rodeo, and there's something for all. Fisherman may preregister for free at www.mississippideepseafishingrodeo.com There will be an entry for the cobia,redfish, speckled trout and bass shootouts."
Also happening is a new opening in Gulfport. A Uniques Alternative called, "Vintage Station" is a wine bar on Courthouse Road in Gulfport, MS. Reports the Sun Herald: This is a place where people (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.