Tate County MS Real Estate Market Report - August 2010
Tate County MS saw an improvement in both the number of homes sold and the average sales price in August over the previous month. There were 13 homes sold in Tate County MS with an average sales price of $116,873 and an average days on the market for those 13 homes of 163.
Here is how those numbers compare to last month and the same time last year:
July 2010
sales: 9 Avg. sales price: $92,144 Avg. DOM: 164
August 2009
sales: 18 Avg. sales price $91,325 Avg. DOM: 140
Here is a chart showing the trend for sales and average sales price for Tate County MS homes sales over the past year:
Here is a chart showing the location of the August home sales:
Tate County MS home sales for August can be broken down into type of sale (regular, foreclosure, short sale) and by price range:
Currently, there are 205 residential homes for sale in Tate County MS which represents a 17 month supply of inventory. This is a LOT of homes available for the limited number of buyers.
- lowest price $35,000
- highest price $1,965,000
- median price $164,900
About 6.3% of the available homes for sale are foreclosures.
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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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