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Tate County MS Real Estate Market Report - June 2009

By
Real Estate Agent with Bob Leigh & Assoc., LLC

Tate County MS Real Estate Market Report - June 2009
by Pam Simpson
The Kudzu Vine

There were only 11 reported sales in Tate County MS for the month of June.  I believe this number may be somewhat in error due to slow reporting of sales in the local MLS.  The average sales price was $115,695 and the average days on the market for the sold properties was 154 days.

Of the reported properties that sold in the month of June, 36% were foreclosure sales (REO, HUD, etc.).

Here are the corresponding figures for last month and last year:

May 2009
Sold:  13          Avg $121,290          Avg DOM:  200

June 2008
Sold:  17          Avg $130,871          Avg DOM:  83

Here is a chart showing the locations in Tate County MS of the properties sold in June:

Tate County MS sale location

Currently, there are 179 Active residential listings in Tate County MS representing a 12.5 month supply of inventory.  The prices range from $32,000 to $1,300,000 with the median price being $169,000.  The percentage of active listings that are "foreclosures" is 7.8%.

For comparisons to last month's numbers, see the May 2009 Tate County Market Report.

Search the MLS in Tate County MS >>>>>Tate County MS Homes for Sale
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About the author:
 
Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS.  Copyright©  2009 by Pam Simpson.  All rights reserved...***Tate County MS Real Estate Market Report - June 2009***

FOR BUYERS:  Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates

FOR SELLERS:  Pricing, Selling Tips   

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

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

REALTOR STUFF:  NAR, Real Estate and Media, Real Estate Agents

OTHER:  Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions

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

         

 

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