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:
sales: 79 Avg $176,988 Avg DOM 130
sales: 73 Avg $172,322 Avg DOM 150
Those 77 home sales can be broken down by type of sales and sales 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:
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.
Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.