Hernando MS Real Estate Market Report - February 2010
There was a significant increase in sales from January to February. In February, there were 25 residential sales in Hernando MS with an average sales price of $180,056 and average days on the market of 74.
Here are comparisons to last month, and same month last year:
January 2010
sales: 8 Avg $205,800 Avg DOM 84
February 2009
sales: 20 Avg $162,958 Avg DOM 148
Currently, there are 245 homes on the market in Hernando MS:
- lowest list price $32,900
- highest list price $950,000
- median list price $195,000
Based on the average number of sales, Hernando MS currently has a 14.7 month supply of homes. Approximately 5% of the active listings in Hernando MS are foreclosures.
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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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