tate county ms report: Tate County MS Real Estate Market Report - March 2011 - 04/23/11 02:17 PM
Tate County MS Real Estate Market Report - March 2011
This month's market report for Tate County MS graphically illustrates the effect of foreclosures on the average sales price of homes sold.  The number of homes sold in Tate County MS has increased to 10 sold in the month of March.  However, the average sales price dropped to $99,436 and the average days on the market was 127.

Last month, all of the homes sold in Tate County were non-distress sales (no foreclosures).  This month, over 60% of the homes sold were foreclosures and the average sales price reflects that.

 
Here … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - February 2011 - 04/23/11 01:54 PM
Tate County MS Real Estate Market Report - February 2011
Even though there were only 8 home sales in Tate County MS in the month of February, that is still an increase from the previous month.  The average sales price was $159,843 and the average days on market was 138.  Here are the comparisons to last month and same time last year:
January 2011sold:  5          Avg $104,380          Avg DOM  94
February 2010sold:  7         Avg $73,817          Avg DOM  146




Currently, there are 142 homes for sale in Tate County MS.
low price $32,000 high price $1,965,000 median price $155,500 This number of homes … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - January 2011 - 02/17/11 11:00 AM
Tate County MS Real Estate Market Report - January 2011
After seeing a slight increase in sales for December, Tate County experienced a sharp decline in both the volume of home sales as well as the average sales price for January.

There were only 5 home sales for the month of January with an average sales price of $104,380 and an average days on the market of 94.  Here is the comparisons to last month and January of last year:
December 2010sales:  13     Avg $150,630     Avg DOM:  109
January 2010sales:  10     Avg $129,240     Avg DOM:  163


The city … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - December 2010 - 01/14/11 06:06 AM
Tate County MS Real Estate Market Report - December 2010
 Currently, there are 181 homes for sale in Tate County MS.
Low list price $19,900 High list price $815,000 Median list price $154,900 Based on the sales figures for the last quarter of 2010, there is an 18.7 month supply of homes for sale in Tate County MS.  Absorption rates have been over 1 year for Tate County MS throughout 2010.  Foreclosures make up about 10% of the available homes for sale in Tate County MS.



December sales were up (almost double) from the previous month in Tate County MS to … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - November 2010 - 12/21/10 07:19 AM
Tate County MS Real Estate Market Report - November 2010
There were only 7 home sales in Tate County MS in the month of November.  The average sales price was $120,185 and the average days on market was 102.  Here are the comparisons to last month and same time last year:
October 2010sold:  9          Avg $139,775          Avg DOM  246
November 2009sold:  12         Avg $114,679          Avg DOM  137




Currently, there are 181 homes for sale in Tate County MS.
low price $24,900 high price $815,000 median price $155,000 This number of homes for sale represent a whopping 20.1 … (0 comments)

tate county ms report: Tate County MS Real Estate Sales Report - October 2010 - 11/15/10 04:08 AM
Tate County MS Real Estate Sales Report - October 2010
The number of sales continued to decline in Tate County while the average sales price remained stable.  There were only 9 homes sold in Tate County MS in the month of October with an average sales price of $139,775 and an average days on the market (for homes sold) of 246.  Here are comparisons to last month and same time last year:
Sept. 2010sold:  11     Avg sales price:  $139,754     Avg DOM:  176
Oct. 2009sold:  14     Avg sales price:  $156,942     Avg DOM:  180

Most of the homes sold during the month … (2 comments)

tate county ms report: Tate County MS Real Estate Market Report - September 2010 - 10/07/10 10:20 AM
Tate County MS Real Estate Market Report - September 2010
Tate County MS saw a decrease in the number of homes sold for September but an increase in the average sales price.  There were 11 homes sold in Tate County MS with an average sales price of $139,754 and an average days on the market for those 11 homes of 176.
Here is how those numbers compare to last month and the same time last year:
August 2010sales:  13    Avg. sales price:  $116,873     Avg. DOM:  163
Sept 2009sales:  16     Avg. sales price $101,722     Avg. DOM:  124
Here is a chart showing the trend for … (2 comments)

tate county ms report: Tate County MS Real Estate Market Report - August 2010 - 09/07/10 07:26 AM
Tate County MS Real Estate Market Report - August 2010
Tate County MS saw an improvement in both the number of homes sold and the average sales price in August over the previous month.  There were 13 homes sold in Tate County MS with an average sales price of $116,873 and an average days on the market for those 13 homes of 163.
Here is how those numbers compare to last month and the same time last year:
July 2010sales:  9     Avg. sales price:  $92,144     Avg. DOM:  164
August 2009sales:  18     Avg. sales price $91,325     Avg. DOM:  140
Here is a … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - July 2010 - 08/07/10 07:00 AM
Tate County MS Real Estate Market Report - July 2010
Tate County MS continues to see a decline in its housing market.  There were 9 residential sales in Tate County MS for the month of July with an average sales price of $92,144 and an average days on the market of 164. 
Here are the comparisons to last month and July of last year:
June 2010:sales:  14        avg $172,497       avg DOM  152
July 2009:sales:  18     avg $124,688     avg DOM  235
I expected a big drop in the average sales price.  The sales price for the previous month (June) was inflated due to … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - June 2010 - 07/10/10 01:37 PM
Tate County MS Real Estate Market Report - June 2010
Tate County MS saw an increase in the number of homes sold in June over May.  There were 14 homes sold in Tate County MS in the month of June with an average sales price of $172,497 and an average days on the market of 152.  The average sales price is a bit misleading as there was one sale over $500,000 which is unusual.

Here are how those numbers compare to last month and the same time last month:
May 2010sales:  10     Avg $118,396     Avg DOM  93
June 2009sales:  7     … (0 comments)

tate county ms report: Tate County MS Real Estate Report - May 2010 - 06/11/10 07:23 AM
Tate County MS Real Estate Report - May 2010
Tate County MS saw a slight increase in the number of homes sold in May but the average sales price decreased.  There were 10 home sales in Tate County MS with an average sales price of $118,396.  The average days on the market went down to 93.

Here are how the numbers compare to last month and the same time last year:
April 2010sales:  8          Avg $122,862          Avg DOM  129
May 2009sales: 17          Avg $115,892         Avg DOM  172
The city of Senatobia MS had the most real estate sales activity:

(0 comments)

tate county ms report: Tate County MS Real Estate Market Report - April 2010 - 05/16/10 11:31 AM
Tate County MS Real Estate Market Report - April 2010
Apparently, the volume of sales for March was an anomaly as the number of sales in Tate County MS dropped to 8 for the month of April.  The average sales price was $122,862 and the average days on the market was 129.

Here are the comparisons to last month and the same time last year:
March 2010sales:  21     Avg $124,707     Avg DOM  153
April 2009sales:  14     Avg $107,492     Avg DOM  105
The sales in Tate County MS for April can be broken down into sales by type, price range, and … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - March 2010 - 04/09/10 05:22 AM
Tate County MS Real Estate Market Report - March 2010
Tate County MS had triple the amount of real estate sales in March over February.  There were 21 residential sales in the month of March with an average sales price of $124,707 and an average days on the market of 153.
Here are the comparisons to last month and same time last year:
Feb. 2010sales:  7          Avg $73, 817          Avg DOM  146
March 2009sales:  14         Avg $100,421        Avg DOM 112


 As you can see, distress sales (foreclosures + short sales) made up more than half of all the homes sold … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - February 2010 - 03/09/10 05:54 AM
Tate County MS Real Estate Market Report - February 2010
Tate County continues to see significant declines in both the number of real estate sales and the average sales price. 
There were only 7 sales in the month of February with an average sales price of $73,817 and an average days on the market of 146.
Here are how those numbers compare to last month and the same month of last year:
Jan 2010sales  9     Avg $121,933     Avg DOM  153
Feburary 2009sales  19     Avg $127,576     Avg DOM  105



Currently, there are 164 active residential listings in Tate County … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - January 2010 - 02/10/10 11:24 AM
Tate County MS Real Estate Market Report - January 2010
There were only 9 homes sold in Tate County MS in the month of January with an average sales price of $121,933 and an average days on the market of 153.
Here are comparisions to last month and same time last year:
December 2009sales:  14     Avg $112,857     Avg DOM 129
January 2009sales:  9      Avg $119,122     Avg DOM 122


Here is how the sales break down by price:

Currently, there are 155 Active residential listings in Tate County MS which represent a 13.3 months supply of homes.  The foreclosure … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - December 2009 - 01/11/10 07:46 AM
Tate County MS Real Estate Market Report - December 2009
December sales were up slightly in Tate County MS to 14 homes with an average sales price of $112,857 and an average days on the market of 129.  The average sales price has been up and down this year; however we have seen a general decrease in the past 2 years.  Out of the 14 homes that sold, 36% were foreclosures.
Here are comparisons to last month and December of last year:
Nov 2009sales:  12          Avg $114,679          Avg DOM  137
Dec 2008sales:  14          Avg $159,285          Avg DOM  219
 


 
(0 comments)

tate county ms report: Tate County MS Real Estate Market Report - November 2009 - 12/11/09 04:03 AM
Tate County MS Real Estate Market Report - November 2009by Pam SimpsonThe Kudzu Vine
There were only 12 residential sales in Tate County MS for the month of November and the average sales price dipped to $114,679 with the average number of days on the market of 137.

Foreclosures made up 25% of the sales in Tate County MS.
For comparisons to last month and last year at this time:
October 2009sales   19          avg $156,942          avg DOM  180
November 2008sales  8          avg $107,762          avg DOM  125
Here is a chart showing the areas of Tate County MS with the most … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - October 2009 - 11/08/09 01:40 PM
Tate County MS Real Estate Market Report - October 2009by Pam SimpsonThe Kudzu Vine
There were 19 sales in Tate County MS in the month of October which is up a bit from the previous month.  The average sales price was $156,942 which is up significantly from the past few months.  The average days on the market was 180.

The percentage of sales in October that were foreclosures dropped to 21%.
Here are the comparisons to last month and last year:
September 2009Sales  15          Avg $104,304          Avg days on market  129
October 2008Sales  19          Avg $108,881          Avg days on market  … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - September 2009 - 10/06/09 03:20 AM
Tate County MS Real Estate Market Report - September 2009by Pam SimpsonThe Kudzu Vine
Tate County MS had 15 residential sales in the month of September with an average sales price of $104,304 and an average days on the market of 129.  Foreclosure sales jumped again to 73% of sales.
Here are the comparisons for last month and last year:
August 2009sales:  18       Avg. Price:  $91,325       Avg. DOM:  140
September 2008sales:  15       Avg. Price:  $142,162       Avg. DOM:  188

Here is a graph that shows which areas in Tate County MS had the most sales:

There are currently 183 active … (0 comments)

tate county ms report: Tate County MS Real Estate Market Report - August 2009 - 09/10/09 01:57 PM
Tate County MS Real Estate Market Report - August 2009by Pam SimpsonThe Kudzu Vine
The month of August closed out with 18 residential sales in Tate County MS with an average sales price of $91,325.  The average days on the market for those sales was 140.

 
 
 
 
 
 
 
 
 
 
Foreclosure sales jumped to a whopping 67% of the total August sales.  That would seem to account for the drop in sales price.
Here are comparisions for last month and last year:
July 2009sales:  18     Avg. Price:  $117,967     Avg. DOM:  263
August 2008sales:  14     Avg. Price:  $117,215     … (0 comments)

 
Pam Simpson, GRI, Broker-Assoc. (Bob Leigh & Assoc., LLC) Rainmaker large

Pam Simpson

GRI, Broker-Assoc.

Senatobia, MS

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Bob Leigh & Assoc., LLC

Office: (662) 449-3530

Fax: (662) 449-3531

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