Olive Branch MS Real Estate Market Report - September 2010
Olive Branch MS is still experiencing an increase in the housing inventory levels. There are currently 492 homes for sale in Olive Branch MS with a:
- low price $25,000
- high price $695,000
- median price $189,900
There were 39 homes sold in Olive Branch MS during the month of September 2010. This is a 30% drop in sales from the previous month. The average sales price was up to $186,657 and the average days on the market was 97. Here are comparisions for last month and the same time last year:
sales: 59 Avg. sales price $179,221 Avg DOM: 90
sales: 74 Avg. sales price $181,488 Avg DOM: 130
The chart above shows that the most active price range in Olive Branch MS was the $100,000-$130,000 range. Even though foreclosures make up less than 6% of the available homes for sale, they make up 28% of the homes sold in September.
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.