market report: Tate County MS Real Estate Market Report - July 2009
- 08/07/09 05:56 AM
Tate County MS Real Estate Market Report - July 2009by Pam SimpsonThe Kudzu Vine There were 17 residential properties that sold in the month of July. The average sales price was $117,967 and the average days on the market for those sold properties was 263. 29% of the July sales were forecosures. Here are the comparisions to last month and last year: June 2009sold: 11 Avg $115,695 Avg DOM 154 July 2008sold: 19 Avg $113,690 Avg DOM 178 Here is a chart showing where the July sales were located:
Currently, there are 187 active residential listings in Tate County MS. (0 comments)
market report: Hernando MS Real Estate Market Report - June 2009
- 07/07/09 02:50 AM
Hernando MS Real Estate Market Report - June 2009by Pam SimpsonThe Kudzu Vine There were 17 reported sales in Hernando MS for the month of June with an average sales price of $139,470 and an average days on the market of 173. The percentage of sales that were foreclosures (REO, HUD, etc) was 24%. The Hernando MS neighborhood that saw the most sales activity was Edgewater. Here are the number comparisons for last month and last year: May 2009Sold: 21 Avg $201,046 Avg DOM: 125 June 2008Sold: 35 Avg $192,214 Avg DOM: 130 There are 246 Active residential listings in Hernando (0 comments)
market report: Olive Branch MS Real Estate Market Report - June 2009
- 07/07/09 02:29 AM
Olive Branch MS Real Estate Market Report - June 2009by Pam SimpsonThe Kudzu Vine There were 59 reported sales in the city of Olive Branch MS for the month of June which is the exact number reported for the month of May. The average sales price was up to $196,870 and the average days on the market was 128. The percentage of sales in June that were foreclosures was a whopping 41%. Here are the numbers for last month and last year: May 2009Sold: 59 Avg $178,769 Avg DOM: 154 June 2008Sold: 75 Avg $180,423 Avg DOM: 120 The 3 Olive (0 comments)
market report: Tate County MS Real Estate Market Report - June 2009
- 07/07/09 02:06 AM
Tate County MS Real Estate Market Report - June 2009by Pam SimpsonThe Kudzu Vine There were only 11 reported sales in Tate County MS for the month of June. I believe this number may be somewhat in error due to slow reporting of sales in the local MLS. The average sales price was $115,695 and the average days on the market for the sold properties was 154 days. Of the reported properties that sold in the month of June, 36% were foreclosure sales (REO, HUD, etc.). Here are the corresponding figures for last month and last year: May 2009Sold: 13 Avg (0 comments)
market report: Olive Branch MS Real Estate Market Report - May 2009
- 06/09/09 02:28 AM
Olive Branch MS Real Estate Market Report - May 2009by Pam SimpsonThe Kudzu Vine The month of May saw 59 residential sales in the Olive Branch zip code (38654). The average sales price was $178,769 and the average days on the market was 154. The 3 areas that had the most sales activity were Hamilton Place, Plantation Lakes, and Windstone. The percentage of those 59 sales that were foreclosures was 27%. Here is the same data for last month and last year. April 2009Sales: 39 Avg. $195,492 Avg. DOM 154 May 2008Sales: 87 Avg. $207,865 Avg. DOM 155 There are currently (0 comments)
market report: Hernando MS Real Estate Market Report - May 2009
- 06/09/09 02:27 AM
Hernando MS Real Estate Market Report - May 2009by Pam SimpsonThe Kudzu Vine The capital of Desoto County, MS had 21 residential listings sold in the month of May, 2009 with an average sales price of $201,046 and an average days on the market of 125.
The percentage of those 21 homes that sold in May that were foreclosures was 19%. The areas that saw the most sales in Hernando was Notting Hill and Fairway Woods. Here are the sales numbers for last month and 1 year ago: April 2009Sales: 31 Avg $160,741 Avg DOM 104 May 2008Sales: 30 Avg (0 comments)
market report: Tate County MS Real Estate Market Report - May 2009
- 06/09/09 02:25 AM
Tate County MS Real Estate Market Report - May 2009by Pam SimpsonThe Kudzu Vine Tate County MS had 13 residential sales in the month of May. The average sales price was $121,290 and the average days on the market was 200. The percentage of the sales in May that were foreclosures was 38%. Here are the sales numbers for last month and one year ago: April 2009Sales: 18 Avg. $174,108 Avg DOM 109 May 2008Sales: 16 Avg. $146,004 Avg DOM 87 Here is a graph that shows the sales breakdown in Tate County by area: There are currently 160 active residential (0 comments)
market report: Olive Branch MS Market Report April 2009
- 05/05/09 07:15 AM
Olive Branch MS Market Report April 2009by Pam SimpsonThe Kudzu Vine There were 39 reported residential sales for the month of April in Olive Branch. The average sales price was $195,492 and the average days on the market was 157.
Foreclosure made up 28% of the sold homes for Olive Branch MS in April. Here is how the numbers compare with last month and April of last year: March 2009Sold: 53 Avg. $ 177,576 Avg. DOM 137 April 2008Sold: 73 Avg. $ 185,099 Avg. DOM 140 The neighborhood with the most sales was Magnolia Estates. Currently, there are 571 active (0 comments)
market report: Hernando MS Market Report April 2009
- 05/05/09 06:55 AM
Hernando MS Market Report April 2009by Pam SimpsonThe Kudzu Vine There were 31 residential listings that sold in April with an average sales price of $160,741. The average days on the market was 104. Foreclosure sales made up 28% of April's sales in Hernando MS. Here is how the numbers compare with last month and April of last year: March 2009Sold: 18 Avg. $146,275 Avg. DOM 114 April 2008Sold: 37 Avg. $206,976 Avg. DOM 161 The neighborhoods with the most sales in April were Lake of the Hills in the west part of Hernando, Notting Hill and Northwood Hills.
There were 18 residential properties that sold in Tate County MS in April. The average sales price was $174,108 with the average days on the market of 109. The average sales price is up significanly from last month due to a couple of homes that sold with acreage. A whopping 55% of the homes that sold in April were foreclosures. Here's how the April numbers stack up to last month and April of last year: March 2009Sold: 12 Avg. $107,742 Avg. DOM 126 April 2008Sold: 17 Avg. $136,921 Avg. (0 comments)
market report: Hernando MS Real Estate Market Report - March 2009
- 04/10/09 06:16 AM
Hernando MS Real Estate Market Report - March 2009by Pam SimpsonThe Kudzu Vine Hernando MS (the county seat of Desoto County MS) saw 18 residential sales in March with an average price of $146,275 and average days on the market of 114. Here are the comparisons for last month and March of 2008: Feb. 2009Sales 19 Avg $163,219 Avg DOM 144 March 2008Sales 36 Avg $186,843 Avg DOM 116 The sales were not concentrated in any one specific area but were spread evenly throughout Hernando. **Note: 44% of the homes that sold in Hernando in March were foreclosure sales. There are currently 268 active residential listings in (0 comments)
market report: Olive Branch MS Real Estate Market Report - March 2009
- 04/10/09 06:01 AM
Olive Branch MS Real Estate Market Report - March 2009by Pam SimpsonThe Kudzu Vine Olive Branch MS saw 53 residential sales in March with an average price of $177,576 and average days on the market of 137. Here are the comparisons for last month and March of 2008: Feb. 2009Sales 51 Avg $179,403 Avg DOM 119 March 2008Sales 63 Avg $181,765 Avg DOM 124 The area with the most sales was the Plantation Lakes / Henry's Plantation areas in north Olive Branch. **Note: 51% of the homes that sold in Olive Branch in March were foreclosure sales. There are currently 601 (0 comments)
market report: Tate County MS Real Estate Market Report - March 2009
- 04/10/09 05:35 AM
Tate County MS Real Estate Market Reportby Pam SimpsonThe Kudzu Vine Here's how the numbers look for March 2009 - There were 12 residential sales in Tate County, MS with an average sales price of $107,742. The average Days On Market for these sold properties was 126. 3 of those sales were foreclosures (25%). Here are the same numbers from last month and March of last year: Feb 2009Sales: 15 Avg $124,987 Avg DOM 70March 2008Sales: 10 Avg $112,700 Avg DOM 79 Here is a graph showing where most of the sales were located:
Currently, there are 176 Active residential listings (1 comments)
market report: Northwest Mississippi Foreclosure Market Report - March 2009
- 03/07/09 09:52 AM
Northwest Mississippi Foreclosure Market Reportby Pam SimpsonThe Kudzu Vine Desoto County MSTate County MSPanola County MSMarshall County MS For the week ending 3/6/2009, there were 19 foreclosures added to the Northwest MS MLS. There were 24 price reductions in existing foreclosures and 19 went under contract. Here is a chart showing the Foreclosure Activity in the 4-county area since March of 2008:
About 6.9% of the active listings in the Northwest MS market are foreclosures (including HUDs, REO, VA, Fannie Mae). That is a drop from 8.2% back in January. Here is a breakdown of the foreclosure market by community:
Olive (0 comments)
market report: Olive Branch MS Real Estate Market Report - Feb 2009
- 03/03/09 10:54 AM
Olive Branch MS Real Estate Market Report - Feb 2009by Pam SimpsonThe Kudzu Vine Olive Branch saw 51 sold residential properties for the month of February with an average sales price of $179,403 and an average days on market of 119. Both the average sales price and the average DOM increased from the previous month. January 2009 Sold: 29 Avg. $175,280 Avg. DOM 115February 2008 Sold: 59 Avg. $189,728 Avg. DOM 100 The neighborhoods with the most sales activity were Lees Crossing and Robinson Crossing. There are 617 Active residential listings in Olive Branch which represents a 14.6 month supply of inventory based on a 90-day (0 comments)
market report: Tate County MS Real Estate Market Report - Feb 2009
- 03/03/09 10:41 AM
Tate County MS Real Estate Market Report - Feb 2009by Pam SimpsonThe Kudzu Vine Tate County MS saw 15 sold residential properties for the month of February with an average sales price of $124,987 and an average days on market of 70. Both the average sales price and the average DOM dropped from the previous month. January 2009 Sold: 7 Avg. $125,986 Avg. DOM 120February 2008 Sold: 17 Avg. $117,659 Avg. DOM 187 Here is a graph showing a breakdown of the location of the sold properties:
There are 174 Active residential listings in Tate County which represents a 14.1 month supply of inventory based (0 comments)
market report: Hernando MS Real Estate Market Report - Feb 2009
- 03/03/09 10:06 AM
Hernando MS Real Estate Market Report - Feb 2009by Pam SimpsonThe Kudzu Vine Hernando saw 19 sold residential properties for the month of February with an average sales price of $163,219 and an average days on market of 144. Both the average sales price and the average DOM dropped from the previous month. January 2009 Sold: 7 Avg. $213,657 Avg. DOM 250February 2008 Sold: 24 Avg. $203,908 Avg. DOM 171 The neighborhood with the most sales was Edgewater. There are 274 Active residential listings in Hernando which represents a 20 month supply of inventory based on a 90-day average for sales. (0 comments)
market report: Olive Branch MS Market Report - Jan 2009
- 02/05/09 01:12 PM
Olive Branch MS Market Report - Jan 2009by Pam SimpsonThe Kudzu Vine I do so much business in Olive Branch that I decided to start doing Market Reports for this area like I do for Hernando MS and Tate County MS. This is my first market report for Olive Branch MS. There were 29 residential sales in Olive Branch for the month of January 2009. The average sales price was $175,280 and the average days on market (DOM) was 115. The neighborhoods which saw the most activity were Lexington Crossing, Creekside Estates, and Hunters Ridge. There are currently 628 Active residential (6 comments)
market report: Hernando MS Market Report - Jan 2009
- 02/05/09 12:59 PM
Hernando MS Market Report - Jan 2009by Pam SimpsonThe Kudzu Vine January saw 7 sold residential transactions in Hernando MS. The average sales price increased to $213,657 but the average days on market (DOM) also increased to 250. Here are the comparisons to last month/last year: Dec 2008 15 sold Avg $187,828 DOM 90Jan 2008 13 sold Avg $213,896 DOM 174 The January 2009 sales for Hernando were spread across the city and were not concentrated in any particular area. There are 266 Active residential listings in Hernando MS. Using a 90-day average, that represents a 22.2 month supply of inventory. (0 comments)
market report: Tate County MS Real Estate Market Report - Jan 2009
- 02/05/09 12:45 PM
Tate County MS Real Estate Market Report - Jan 2009by Pam SimpsonThe Kudzu Vine There were only 7 closed residential sales in Tate County for the first month of 2009. The average sales price was up a little over last month to $125,986. The average days on market (DOM) for those sold properties dropped dramatically over December 2008 number to 120 days. Comparisons for last month/last year: Dec 2008 15 sold Avg $124,553 DOM 220Jan 2007 14 sold Avg $136,971 DOM 165 Here is a graph that breaks down the sales by area:
There are currently 181 Active residential listings (0 comments)