Hernando MS Real Estate Market Report - October 2009
by Pam Simpson
Desoto-Tate County Real Estate

Hernando MS had 28 residential sales in the month of October with an average sales price of $180,745.  The average days on the market was 156. 

The percentage of sales that were foreclosures was 7% which is down significantly from the previous month.

Note:  The average sales price in September was skewed by an unusually large sale.

Hernando MS average sales price

Here are the comparisons for last month and last year:

September 2009
Sales  31          Avg $206,600          Avg days on market  126

October 2008
Sales  30          Avg $201,147          Avg days on market  133

Currently, there are 257 active listings in Hernando MS with the prices ranging from a low of $49,900 and a high of $950,000.  The median list price is $215,000.

The number of current active listings represent a 9 month supply of inventory in Hernando MS.  That is up slightly from last month.

The percentage of active listings in Hernando MS that are foreclosures is 4.3%.

Click to find Hernando MS homes for sale>>>Hernando 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...***Hernando MS Real Estate Market Report - August 2009***

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

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.

 
This post has been included in Mississippi Information De Soto County, MS Information Hernando, MS Information
Post is included in group: North Mississippi Community Forum
Post is included in group: Mississippi Real Estate Professionals
Post is included in group: Market Updates

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Pam Simpson - GRI, Broker-Assoc.

Senatobia, MS

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Bob Leigh & Assoc., LLC

Office Phone: (662) 449-3530

Cell Phone: (662) 560-8402

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