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

There were 71 residential sales in Olive Branch MS in the month of October.  The average sales price was $180,729 and the average days on the market was 151.

Olive Branch MS average sales price

Of the 71 sales in October, 8.5% of them were foreclosures.

Here are the comparisons for last month and last year:

September 2009
Sales  68         Avg $184,670          Avg days on market  126

October 2008
Sales  61       Avg $192,817          Avg days on market  143

Currently, there are 449 active residential listings in Olive Branch MS with prices ranging from $45,000 to $995,000.  The median listing price is $209,900.

The 449 active listings represent a 6.8 month supply of inventory which is down exactly 1 month.  The percentage of active listings that are foreclosures is 8.7%.

Click here to find Olive Branch homes for sale>>>> Olive Branch 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...***Olive Branch MS Real Estate Market Report - October 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 Olive Branch, 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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