Olive Branch MS Real Estate Report - May 2010

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

Olive Branch MS Real Estate Report - May 2010

Olive Branch MS saw a very slight decrease in the number of homes sold for the month of May but saw a slight increase in the average sales price.  There were 77 homes that sold in May with an average sales price of $177,375.  The average days on the market was 123.

Here is how the numbers compare to last month and a last May:

April 2010
sales:  79          Avg $176,988          Avg DOM  130

May 2009
sales:  73          Avg $172,322          Avg DOM 150

Olive Branch MS Home Sales graph

Those 77 home sales can be broken down by type of sales and sales price:

Olive Branch Home Sales by type

Olive Branch MS Home Sales by Price

Currently, there are 482 homes for sale in Olive Branch MS:

  • lowest price $69,900
  • highest price $719,900
  • median price $199,950

Here is a graph showing the decrease in available housing inventory in Olive Branch MS:

Housing Inventory in Olive Branch MS

Approximately 5.2% of the available homes for sale in Olive Branch MS are Foreclosures. 

If you are thinking about selling your Olive Branch MS home, give Pam a call.
_______________________________________________________________________________________________

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.

Posted by

            

Bookmark and Share

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Mississippi De Soto County Olive Branch
Groups:
North Mississippi Community Forum
Market Updates
Mississippi Real Estate Professionals
Tags:
market report
olive branch ms report

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
116,152

Pam Simpson

GRI, Broker-Assoc.
Ask me a question
*
*
*
*
Spam prevention

Additional Information