Tate County MS Real Estate Market Report - January 2011
After seeing a slight increase in sales for December, Tate County experienced a sharp decline in both the volume of home sales as well as the average sales price for January.
There were only 5 home sales for the month of January with an average sales price of $104,380 and an average days on the market of 94. Here is the comparisons to last month and January of last year:
December 2010
sales: 13 Avg $150,630 Avg DOM: 109
January 2010
sales: 10 Avg $129,240 Avg DOM: 163
The city of Senatobia MS had the most sales in January:
There are 189 homes for sale in Tate County MS:
- low price $32,000
- high price $1,965,000
- median price $150,000
Because there are so many homes for sale in Tate County right now and due to the very low sales volume, we have a 23 month supply of homes. Approximately 8% of the homes for sale in Tate County MS are foreclosures.
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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© 2011 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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