Hernando MS Real Estate Market Report - December 2009
There were only 17 home sales in Hernando MS in the month of December which is down from the previous month. The average sales price was up to $183,355 and the average days on the market was 108.
Foreclosures made up 41% of the home sales.
Here are the comparisons to last month and December of last year:
Nov 2009
sales: 27 Avg $171,348 Avg DOM 121
Dec 2008
sales: 19 Avg $167,017 Avg DOM 89
This next chart shows the pricing decline in Hernando MS over the past 2 years:
Currently, there are 234 homes for sale in Hernando MS
- Low list price $49,900
- High list price $890,000
- Median list price $198,900
Based on the sales in Hernando MS over the last quarter of 2009, there is a 9.8 month supply of homes. Foreclosures make up 3.8% of the homes for sale in Hernando MS.
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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2010 by Pam Simpson. All rights reserved.
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