Hernando MS Real Estate Market Report - March 2011

Hernando MS Real Estate Market Report - March 2011

Currently, there are 238 homes available for sale in the Hernando MS area:

• low price $29,900
• high price $995,000
• median price $189,900

These 238 homes mean that Hernando MS has an 11.7 month supply of homes.  Approximately 9.7% of the available homes are foreclosures.

There were 24 homes that sold in Hernando MS in March with an average sales price of $187,024 and an average days on the market of 151.  Here are some comparisons to last month and March of last year:

February 2011
sales:  23     Avg $:  163,200     Avg DOM:  127

March 2010
sales:  27    Avg $:  179,729     Avg DOM:  90

Here is how the Hernando MS March sales break down by type (non-distress, foreclosures and short sales) as well as price range:

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If you are looking for a Realtor® who knows the local Northwest MS real estate market, contact Pam.

About the author:   Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS.  Copyright©  2011 by Pam Simpson.  All rights reserved.

FOR BUYERS:  Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
First Time Homebuyer Guide

FOR SELLERS:  Pricing, Selling Tips   

LOCAL COMMUNITY INFO:  Tate County Community, Memphis Community, Southaven Community, Hernando Community

MARKET REPORTS:  Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report

Disclaimer:  All information provided by this author may be  based on information collected from several sources and is believed accurate but not guaranteed.