Olive Branch MS Real Estate Market Report - December 2009

Olive Branch MS Real Estate Market Report - December 2009

There were 46 home sales in Olive Branch MS in the month of December with an average sales price of $169,623 and an average days on the market of 131.  Foreclosures made up 31% of these sales.

Here are the comparisons to last month and December 2008:

Nov 2009
sales:  67          Avg $161,186          Avg DOM  143

Dec 2008
sales:  47          Avg $158,168          Avg DOM 103

This chart shows the average sales price decrease in the past couple of years:

Currently, there are 420 homes for sale in Olive Branch MS

• Low list price $35,000
• High list price $995,000
• Median list price $195,000

Based on the sales of the last quarter of 2009, Olive Branch MS has a 6.8 month month supply of homes.  Foreclosures make up about 10.2% of those available homes for sale.

*********************************************************************************
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.

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.