Brandon MS Market Conditions Report (39042) ~ August 2010
In August, 48 homes were added to the market, bringing the total number of homes for sale in Brandon's 39042 zip code to 219. Following is a brief breakdown according to price:
|
Price Range |
# Units For Sale |
|
<$100,000 |
11 |
|
$100,001-$200,000 |
129 |
|
$200,001-$300,000 |
48 |
|
$300,001-$400,000 |
24 |
|
$400,000+ |
7 |
There were 19 closings in Brandon for August 2010, compared to 28 in August 2009, a 32% reduction. Although closings are down, it is encouraging to note the number of pending transactions total 46 units.
Fourteen houses expired during this time frame, indicating the prices were unacceptable to buyers.
The average sales price of homes in this area of Brandon is $145,000.
If a move is in your future, it pays to consult a neighborhood expert. Feel free to contact me if you have any questions regarding today's real estate market.
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