Hi Everyone!

 

Reviewing the Single Family home sales for the Mississippi Gulf Coast good news is in the reports!

 

April  saw the number of homes sold during the month down from 286 to 281 homes sold. Not a significant change in homes sold.  However, during the month of April, the Median and Average price of homes that did sold increased.

The median price increased from $86,763 in March to $93,900 in April! That's over 8% increase!!!

And the Average price increased from $112,740 in MARCH  to $118,253 In April!  That's about a 5% increase.

 

But the news doesn't stop with the increase from March to April.... Looking at May's sales  we see

that 312 single family units sold in May. That's more than a 10% increase in number of homes sold!

 

In addition the median price and Average price were up too. 

The median price went from $93,900 in April to $105,000 in May! An increase of over 11%

The Average price went from $118,253 in April to $121,253 in May. That's an increase of over 2.5%

 

So 2 months in a row we see home prices rising and sales rebounding.  This is Great news for the Mississippi Gulf Coast

 

For more information on home sales in YOUR neighborhood, contact Gerard Maher with Gulf Coast Realty.

Gulf Coast Realty serves the Mississippi Gulf Coast, including the cities of Ocean Springs, Biloxi, D'Iberville, St. Martin area, Gulfport, Long Beach, Pass CHristian, Diamondhead, Bay St. Louis, Gautier, and Keesler AFB and the Navy CB base, in addition to Harrison, Jackson and Hanock counties.

 
This post has been included in Mississippi Real Estate News Jackson County, MS Real Estate News
Post is included in group: Realtors®
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2 Comments on Mississppi Home sales have been trending upward for April and May

JUN
18
874,312 Points Outside Blog Called Shot Master

Gerard - Thank you for sharing detailed quality information on Mississppi home sales have been trending upward for April and May.
4:39pm • #1
JUL
07
181,584 Points 4 Featured Posts

You might consider adding your listing and market report posts to our group: City & State: Listings and Market Reports

 

Please read the guidelines for best results. Our members (600+) must being getting some web results because they add their posts (over 20,000) on a regular basis since 2007.

 

Thanks
6:13am • #2


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Gerard Maher, CRS Ocean Springs, MS

Ocean Springs, MS

More about me…

Coldwell Banker Alfons Realty

Address: 2003 Bienville Blvd., Ocean Springs, MS, 39564

Office Phone: (228) 818-4305

Cell Phone: (228) 229-4685

Email Me

updating market trends, current events for the local real estate market in Mississippi's Gulf Coast area. Specifically for Biloxi, Ocean Springs, D'Iberville, Long Beach, Pass Christian. Locations of visitors to this page


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