Hernando MS Real Estate Report - May 2010
While Hernando MS saw a slight decrease in the number of sales for May, we also saw an increase in the sales price and a decrease in the days on the market.
There were 33 sales in May in Hernando MS with an average sales price of $185,431 and an average days on the market of 96. Here are the comparison to last month and same time last year:
April 2010
sales: 38 Avg $159,879 Avg DOM 112
May 2009
sales: 26 Avg $192,985 Avg DOM 120
The sales in Hernando MS for May can be shown by type of sale (foreclosure, non-distress, short sale) and by sales price:
Currently there are 258 homes for sale in Hernando MS which represents an 8.1 month supply of housing inventory. Approximately 3.5 % of the homes for sale are foreclosures. The prices of the homes available range from:
- low price $59,900
- high price $950,000
- median price $199,900
Looking to buy or sell a home in Hernando MS? Call Pam.
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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.
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