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Brandon MS ~ Market Condition Report for September 2010

By
Real Estate Agent with Front Gate Real Estate Broker 11085

Brandon MS ~ Market Condition Report for September 2010

Market Conditions Report by Pat Starnes

~ 39047 ~

Number of Available listings on the market: 443

Average LIST price of these homes: $232,944

Average DOM (Days on the Market) for listed homes: 131

Number of Closed Sales for September 2010: 43 vs. 48 for same time last year

Average SALES price of closed sales for month of September: $190,166

List to Sale Ratio of closed homes in Brandon (39047) for September 2010: 96%

Sixty-four (64) Northwest Rankin homes are pending (under contract) in this area. The number of Brandon, MS Reservoir area homes sold year-to-date in 2010 is 449, three units more than the same time last year.

~ 39042 ~

Number of Available listings on the market: 206

Average LIST price of these homes: $206,856

Average DOM (Days on the Market) for listed homes: 136

Number of Closed Sales for September 2010: 26 vs. 27 for same time last year

Average SALES price of closed sales for month of September: $179,321

List to Sale Ratio of closed homes in Brandon's 39042 for September 2010: 95%

There are 31 homes currently under contract in Brandon, MS. The number of homes sold in Brandon's 39042 year-to-date is 212, down from last year's to-date total of 242.

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Brandon's 39042 encompasses Highway 80, Interstate 20, Highway 18, Louis Wilson Drive, "Downtown" Brandon, and all parts in-between.

Brandon's 39047 includes Lakeland Drive (Highway 25), part of Old Fannin Road, the Ross Barnett Reservoir (Rankin side), most of Hwy 471, Spillway Road, and the Northshore area.

 View previous Brandon MS Market Reports

If a move is in your future, it pays to consult a neighborhood expert. Feel free to contact me if you have any questions regarding today's real estate market.

Comments(4)

Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Pat, Good market information for Brandon MS.  Keep those reports coming, I know the locals really appreciate them.

Oct 08, 2010 03:09 AM
Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

Thanks, Sandy. I've decided to get the word out that homes are selling in Brandon MS. Sellers just need to present their properties in the best light.

Oct 08, 2010 03:56 AM
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Pat - I'm sure that some of your readers are interested in the list to closed ratio. How does that compare to last year.

Oct 11, 2010 11:20 AM
Don Wixom
RE/MAX Executives Nampa, ID - Nampa, ID
"Looking out for your next move..."tm

Pat, those are great stats to have a snapshot of your market! Great job by you!

Oct 11, 2010 03:31 PM