Hernando MS Market Report April 2009
by Pam Simpson
The 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 2009
Sold: 18 Avg. $146,275 Avg. DOM 114
April 2008
Sold: 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 are 265 active residential listings in Hernando MS which represents an 11.7 month supply of inventory (down from 16.8 last month). The prices range from $22,500 to $1,350,000 with the median price being $219,900.
Foreclosures currently make up about 4.5% of the active listings in Hernando MS.
Click on the image (at left) to find homes currently available in Hernando MS.
To compare the April report to last month's report, see the March 2009 Hernando MS Market Report.
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About the author:
Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2009 by Pam Simpson. All rights reserved...***Hernando MS Market Report April 2009***
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
Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.
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