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More Good News for the Mississippi Gulf Coast Housing Market!!!

By
Real Estate Agent with Coldwell Banker Alfonso Realty

Hi Everyone!

Well as I told you last month, that May's housing stats for single family residences was up from April in number of sales and in median and average price. Now for the second month in a row, we are UP again!!!!

 

The Number of homes sold from May to June on the Mississippi Gulf Coast INCREASED BY 7.7%

The Median price of those homes INCREASED BY APPROX 3.2%

The Average price of those homes INCREASED BY APPROX 2.1%

 

Here are the actual numbers from the Gulf Coast MLS data for Single Family residences sold in June of 2011

 

NUMBER HOMES SOLD: 307

MEDIAN PRICE: $113,000

AVERAGE PRICE: $126,009

 

Here are the numbers for May 2011:

 

Number Homes Sold: 285

Median Price: $109,500

Average Price: $123,32

 

Here are the numbers for June 2010:

 

Number Homes Sold: 292

Median Price: $120,000

Average Price: $128,845

 

As you can see, we are UP from May to June of this year in Everything. We are up from this June compared to June 2010 in NUMBER of SALES. But we are down in the average and median price for June 2011 compared to a year ago June 2010. But it does appear that our prices are starting to rise, if ever so slightly!

Once again, Good news for the second month in a row for the Mississippi Gulf Coast! Let's see if July will make it 3 months in a row of steady increase in all categories!

This information is brought to you by Gulf Coast Realty, serving the Missisippi Gulf Coast for over 10 years. Located in Gulfport MS, we serve Harrison County, Jackson County and Hancock County and the cities of Waveland, Bay St. Louis, Pass Christian, Long Beach, Gulfport, Biloxi, St. Martin, D'Iberville, Keesler AFB, Navy CB base, Ocean Springs, Gautier, and Saucier

 

 

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

It is good to see good news in your market; hopefully, this will continue for your market and other markets we all need some good news.

Jul 11, 2011 06:16 AM