Tate County MS Real Estate Market Report - Nov 2008
by Pam Simpson
The Kudzu Vine
There were 14 residential properties sold in Tate County during the month of November. That number remained unchanged from the previous month. The average sales price was moderately higher at $135,271. The average days on the market (DOM) was 126 days.
Comparisions for last month and last year:
October 2008 14 sold Avg. $118,589
November 2007 11 sold Avg. $103,436
Here is a graph showing the activity by location in Tate County:
There are currently 170 active residential listings in Tate County which translate into a 12.8 months supply of inventory (using a 3-month average). Current prices range from $35,000 to $540,000. The median price is $165,000.
Tate County's foreclosure listings currently make up only 3.5% of the local market which is down from last month.
For market trend comparisions, see last month's Tate County Market Report. __________________________________________________________________________________________________
FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates
FOR SELLERS: Pricing, Selling Tips
LOCAL COMMUNITY INFO: Tate County Community, Memphis Community, Southaven Community
MARKET REPORTS: Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report
REALTOR STUFF: NAR, Real Estate and Media, Real Estate Agents
OTHER: Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions
About the author:
Pam Simpson is a Broker-Associate with Bob Leigh & Associates, LLC in Northwest Mississippi.
Copyright© 2008 By Pam Simpson, All Rights Reserved...**Tate County MS Real Estate Market Report - Nov 2008**
Disclaimer: All information provided by this author is based on information collected from several sources and is believed accurate but not guaranteed.
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