Hernando MS Real Estate Market Report - April 2010

Hernando MS Real Estate Market Report - April 2010

Hernando MS continues to see its sales volume increasing.  There were 38 sales in April with an average sales price of $159,879 and an average days on the market of 112.

Here are the comparisons for sales from last month and the same time last year:

March 2010
sales:  25     Avg $163,355     Avg DOM  92

April 2009
sales:  35     Avg $159,084     Avg DOM  98

Sales in Hernando can be broken down into sales by type and sales by price.

Hernando MS sales by type:

Hernando MS sales by price:

Currently, there are 258 residential properties for sale in Hernando MS which represents an 8.8 month supply of inventory.  Approximately 4.3% of the available homes for sale are foreclosures.

• lowest price $59,900
• highest price $950,000
• median price $199,900

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If you are looking for a Realtor® who knows the local Northwest MS real estate market, contact Pam.

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.

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

Disclaimer:  All information provided by this author may be  based on information collected from several sources and is believed accurate but not guaranteed.