Hernando MS Real Estate Market Report - November 2009
by Pam Simpson
The Kudzu Vine
Hernando MS had 27 residential sales in the month of November with an average sales price of $171,348 and an average number of days on the market of 121.
Out of those 27 sales, 26% were foreclosures which is a huge jump from the previous month.
Here are those same stats for the prior month and prior year:
October 2009
sales 28 avg $180,745 avg DOM 156
November 2008
sales 17 avg $177,956 avg DOM 101
Currently, there are 243 Active residential listings in Hernando MS with prices ranging from a low of $49,900 to a high of $950,000. The median list price is $199,900.
Using the sales statistics from the past 90 days, Hernando MS has roughly an 8.5 month supply of home inventory.
4.5 % of the available Active listings in Hernando MS are foreclosures.
click to see 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 - November 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.
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