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Hernando MS Real Estate Market Report - June 2010

By
Real Estate Agent with Bob Leigh & Assoc., LLC

Hernando MS Real Estate Market Report - June 2010

Hernando MS saw a slight increase in the number of homes sold for the month of June compared with the previous month.  There were 30 residential sales in Hernando MS with an average sales price of $182,980 and an average days on the market of 157.

Hernando MS real estate sales

Here is how those numbers compare to the last month and the same time last year:

May 2010
sales:  33     avg $185,431     avg DOM  96

June 2009
sales:  31     avg $165,633     avg DOM 183

The next charts show how the Hernando MS real estate sales for June break down by type (foreclosure, short sale, regular) and by price range:

Hernando MS home sales by type

Hernando home sales price

Currently, there are 249 available homes for sale in Hernando MS which represents a 7.4 month supply of inventory.  Foreclosures make up 2.4% of home in Hernando MS available for sale.

Hernando MS absorption rate
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If you are looking for a Realtor® who knows the local Northwest MS real estate market, contact Pam.

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

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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