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Olive Branch MS Real Estate Market Report - November 2009

By
Real Estate Agent with Bob Leigh & Assoc., LLC

Olive Branch MS Real Estate Market Report - November 2009
by Pam Simpson
The Kudzu Vine

There were 67 residential sales in Olive Branch MS for the month of November with an average sales price of $161,186 and an average days on the market of 143.

Olive Branch MS average home sales price

Out of those 67 sales, about 27% were foreclosures. 

Here are the numbers from last month and last year:

October 2009
sales   71          avg $180,729          avg DOM  151

November 2008
sales   43          avg $166,354          avg DOM  89

There are currently 441 residential listings in Olive Branch MS with the prices ranging from a low of $35,000 to a high of $995,000.  The median price is $196,900.

Using sales statistics from the past 90 days, Olive Branch MS has a 6.4 month supply of housing inventory.  There has been a steady decline of housing inventory of the past 6 months.

Out of the available homes for sale in Olive Branch MS, about 10% are foreclosures.

Click to see available Olive Branch MS homes for sale>>>Olive Branch MS homes for sale

 

 

 

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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...***Olive Branch MS Real Estate Market Report - November 2009***

FOR BUYERS:  Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
First Time Homebuyer Guide

FOR SELLERS:  Pricing, Selling Tips   

LOCAL COMMUNITY INFO:  Tate County Community, Memphis Community, Southaven Community, Hernando 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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