Here are the numbers for Single Family units sold on the Mississippi Gulf Coast for July 2012.
The Number of Single Family Units SOLD: 308 MEDIAN PRICE SOLD: $112,750 AVERAGE PRICE SOLD: $127,688
This compares to June 2012 sales: The Number of Single Family Units SOLD: 289 Median Price SOLD: $112,750 Average Price SOLD: $127,688
And compared to a year ago July 2011: The Number of Single Family Units SOLD: 247 Median Price SOLD: $88,005 Average Price SOLD: $111,239
JULY 2012 WAS A GREAT MONTH! All criteria were up! The numer of homes (0 comments)
gulf coast realty: Mississippi Gulf Coast Housing Stats for June 2012
- 07/17/12 05:15 AM
Hello Everyone! Well the Wall Street Journal in an article from July 12, said, "The housing market has turned- At last." And in my last blog on housing stats for May 2012, I said how the last 2 months showed positive upward movement in number of sold homes and in the prices of the homs. However, June's stats are running contrary to the last 2 months and to the WSJ report. Here is the breakdown for the Mississippi Gulf Coast Single Family unit Sales for June 2012 as compared to May 2012 and June 2011 according to the MS Gulf Coast MLS (3 comments)
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.
Here is what has been happening for home sales on the Mississippi Gulf Coast.
The number of Single Family units that SOLD March 2012: 286 The Average SOLD price: $112,740 The Median SOLD price: $86,763
This compares to Feb. 2012 The number of Single Family units that SOLD Feb 2012 251 The Average Sold Price: $111,682 The Median Sold Price: $95,000
And compares with a year ago March 2011 The number of Single Family units that SOLD Mar. 2011 299 The Average Sold Price: $113,745 The Median Sold Price: $95,000
Number of Homes SOLD: 251 Median Sold price: $95,000 Average SOLD price: $111,682
As compared to Jan 2012: Number of Homes SOLD: 206 Median Sold Price: $91,951 Average Sold Price: $104,417
And compared to year ago Feb 2011 Number of Home SOLD 198 Median Sold price: $97,000 Average Sold Price: $111,123
So as you can see, Feb 2012 has more homes sold than the month before and more homes sold than the previous year in February. It also for the most part has had higher prices for the sales. This a very positive (0 comments)
For Jan.2012 The Total Homes SOLD 206 Median Sold Price: $91,951 Average Sold Price: $104,417
This compares to Dec. 2011 Homes Sold: 295 Median Sold Price: $120,000 Average Price: $123,906
And for Jan 2011 the Total Homes Sold: 180 Median Sold Price $98,250 Average Sold Price: $114,146
So Jan 2012 is down in number of sold homes from Dec but up from the Jan a year earlier. However, The Median and Average price are down both from the month before and the year before. This information is collected by the (0 comments)
Well the stats are out for Sept 2011 for Single Family Unit Sales for the Mississippi Gulf Coast. Gulf Coast Realty compiles these stats every month, so you can keep track of the LOCAL real estate market, and not just rely on National stats. These stats come from the Mississippi Gulf Coast Multiple Listing Service.
Sept. 2011 Single Family SOLD 271 Average Price: $112,603 Median Price: $95,000
Aug 2011 Single Family SOLD 316 Average Price: $113,616 Median Price: $102,000
Sept. 2010 Single Family SOLD 241 Average Price: $124,550 Median Price: $117,900
As you can see, our (0 comments)
gulf coast realty: Foreclosures on the Mississippi Gulf Coast
- 09/23/11 05:26 AM
WEll I looked at our local MS Gulf Coast MLS system this morning. I wanted to see how many of our homes for sale were listed as 3rd party/bank owned (Mostly foreclosures). The number of properties that stated they were 3rd party/bank owned for the coast was 360. The total number of properties for sale was 9892. That's a small percentage of foreclosed properties to properties for sale. It works out to 3.64% of properties that are 3rd party/bank owned to ALL proprties for sale. But, there is another satistic to consider. When I took a look at the number of (0 comments)
Well there is GOOD NEWS for the Mississippi Home Sales for the month of August. The Number of Homes Sold in August on the Coast is up from July 2011 and is up from August 2010. The breakdown of Sales is like this:
Aug. 2011: Number of Homes SOLD 316 Average Price Sold $113,616 Median Price Sold $102,000
July 2011: Number of Homes SOLD 247 Average Price SOLD $88,005 Median Price Sold $111,239
Aug 2010: Number of Homes Sold 238 Average Price SOLD $118,782 Median Price Sold $94,000
As you can see, the number of homes SOLD is up (0 comments)
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 (1 comments)
gulf coast realty: Home Sale Statistics for the Mississippi Gulf Coast May 2011
- 06/10/11 06:58 AM
Hi Everyone! Today an economist named Shiller is on the news about the National housing market and the possibility of housing prices falling another 10 to 25% nationally. This is because of the foreclosures that are on the book, but haven't come on the market for sale yet. This is a national forecast. However, the sum of all markets does not always point out what is happening in a local market. In fact, here on the Mississippi Gulf coast we have been watching the median and average price fall each month just about for the last year. However, May of 2011 (0 comments)
gulf coast realty: Sales Stats for April for the Mississippi Gulf Coast
- 05/16/11 05:47 AM
Hello Everyone! Well here are the results of home & Condo sales for the Mississippi Gulf Coast for April 2011 according to the Gulf Coast MLS. April 2011 Total Homes Sold 258 Median price $95,500 Average price $111,710
This compares to Mar 2011 Total Homes Sold 299 Median price $95,000 Average Price $113,745
And compared to April 2010 Total Homes sold 300 Median Price $119,500 Average Price $126,284
So as you can see, we are down from last month and last year this time. More buyers are out there coming in our door, but the contract times for foreclosures (0 comments)
Well here is the news for the Mississippi Gulf Coast for Single Family Units according to the Gulf Coast MLS. For March 2011 the number of SOLD homes was: 278 For February 2011 the number of SOLD homes was: 186 For March 2010 the nuber of SOLD homes was: 281
Median Price for March 2011: $96,550 Median Price for Feb. 2011: $96,500 Average Price for March 2011: $112,809 Average Price for Feb. 2011: $108,745 Median Price for March 2010: $125,000 Average Price for March 2010: $129,659
As you can see, HOME SALES have increased since Feb. of this (0 comments)
gulf coast realty: Home Sales up on the Mississippi Gulf Coast
- 03/07/11 07:41 AM
Hi Everyone! I just pulled the stats for February for the Mississippi Gulf Coast according to our Gulf Coast MLS system. The number of residential homes/condos that sold in February 2011 is up from January 2011 and it is also up form a year ago stats for February 2010. Here is the breakdown: Single Family Units that SOLD in FEB. 2011 : 186 Single Family Units that SOLD in Feb. 2010: 173 Single Family Units that SOLD in Jan. 2011: 180
So you can see we have more sales going on compared to last month, and last year! That's the good (1 comments)
follow this link to go NAR's Housing Stats for the 4th Quarter of 2010 Housing Stats for the Gulfport/Biloxi area. These stats are for the whole coast, including Biloxi, Gulfport, Ocean Springs, Bay St. Louis, Pass Christian, Long Beach, D'Iberville and St. Martin. Gulf Coast Realty serving the Mississippi Gulf Coast for all real estate on the Mississippi Gulf Coast. (0 comments)
gulf coast realty: From NAR 4th Quarter Local Real Estate stats
- 03/05/11 09:50 AM
http://bit.ly/gFIPcK Follow this link for 4th Quarter Local Real Estate stats from NAR. If you are thinking of buying or selling a real estate in the Mississippi Coast area, Call Gerard Maher with Gulf Coast Realty at 228-229-4685 or email at CallGman@yahoo.com For all real estate on the Gulf Coast, Gulfport, Biloxi, Ocean Springs, St. Martin, D'Iberville, Long Beach, Pass Christian, Bay St. Louis, Harrison County. Serving Keesler AFB and the Navy CB base. (0 comments)
gulf coast realty: Beautiful Sunny Day here on the Mississippi Gulf Coast
- 02/26/11 01:31 AM
Hi All It is a beautiful Sunny day here on the Mississippi Gulf Coast. The Long Beach Mardi Gras parade is today at 6pm. It should be fun! Here on the coast we celebrate Mardi Gras by parades for about 3-4 weeks until Mardi Gras day itself! Mardi Gras Balls, King Cakes, Throws. Just a whole lot of fun! (1 comments)
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.