Special offer

Hernando MS Real Estate Sales Report - October 2010

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

Hernando MS Real Estate Sales Report - October 2010

The county seat for DeSoto County MS, Hernando saw a slight dip in the sales numbers for October.  There were 23 homes sold with an average sales price of $185,606 and an average days on the market (for homes sold) of 85.  Here are the comparisons for last month and last year:

Sept. 2010
sold:  25     Avg sales price:  $190,055     Avg DOM:  109

Oct. 2009
sold:  29     Avg sales price:  $181,409     Avg DOM:  153

Hernando MS home sales

The price range with the most sales was the "$170,000 - $200,000" range:

Hernando MS home sale prices

Foreclosures make up less than 7% of available homes for sale in Hernando and roughly 1/4 of all homes sold there last month were foreclosures.

Foreclosure sales in Hernando MS

There are 242 homes for sale in Hernando:

  • low price $50,000
  • high price $1,050,000
  • median price $188,900

Using the average number of homes that have sold in Hernando MS over the past 3 months, we have a current housing inventory of 9.6 months.

Hernando MS housing inventory

********************************************************************************

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 INFOTate 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.

Posted by

            

Bookmark and Share

Comments(0)