Hernando MS Real Estate Market Report - May 2009
by Pam Simpson
The Kudzu Vine
The capital of Desoto County, MS had 21 residential listings sold in the month of May, 2009 with an average sales price of $201,046 and an average days on the market of 125.
The percentage of those 21 homes that sold in May that were foreclosures was 19%.
The areas that saw the most sales in Hernando was Notting Hill and Fairway Woods.
Here are the sales numbers for last month and 1 year ago:
Sales: 31 Avg $160,741 Avg DOM 104
Sales: 30 Avg $202,485 Avg DOM 170
Currently, there are 257 Active residential listings in Hernando MS with prices ranging from $50,000 to $1,350,000. The median price is $225,000.
The 257 current active listings represent an 11-month supply of inventory. The percentage of Active listings in Hernando that are foreclosures is 5.4%.
For comparison to last month's numbers, see the April 2009 Hernando MS Real Estate Market Report.
About the author:
Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC.
Copywright© 2009 by Pam Simpson. All rights reserved...***Hernando MS Real Estate Market Report - May 2009***
Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.