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 2009
sales: 12 Avg $114,679 Avg DOM 137
Dec 2008
sales: 14 Avg $159,285 Avg DOM 219
This next chart shows the decline in average sales price....
Most of the December home sales in Tate County MS were in the city of Senatobia MS.
Currently, there are 165 homes for sale in Tate County MS.
- Low list price $32,000
- High list price $825,000
- Median list price $155,000
Based on the sales figures for the last quarter of 2009, there is an 11 month supply of homes for sale in Tate County MS. This is up slightly from the previous month. Foreclosures make up about 10.3% of the available homes for sale in Tate County MS.
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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2010 by Pam Simpson. All rights reserved.
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