Tate County MS Real Estate Market Report - August 2009
by Pam Simpson
Desoto-Tate County Real Estate
The month of August closed out with 18 residential sales in Tate County MS with an average sales price of $91,325. The average days on the market for those sales was 140.
Foreclosure sales jumped to a whopping 67% of the total August sales. That would seem to account for the drop in sales price.
Here are comparisions for last month and last year:
July 2009
sales: 18 Avg. Price: $117,967 Avg. DOM: 263
August 2008
sales: 14 Avg. Price: $117,215 Avg. DOM: 128
Here is a graph that shows which areas in Tate County MS had the most sales:
Currently, there are 183 Active residential listings in Tate County MS. The prices range from a low of $41,650 to a high of $1,300,000. The median list price is $168,500.
These 183 current listings represent a 12 month supply of inventory and 6% of the current listing inventory are foreclosures.
For last months complete market report, see: Tate County MS July 2009 Real Estate Market Report.
<<<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 - August 2009***
FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
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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
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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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