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Rankin County MS ~ Market Snapshot for September 2010

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Real Estate Agent with Front Gate Real Estate Broker 11085

Rankin County, MS ~ Market Snapshot for September 2010

Market Conditions Report by Pat Starnes

The number of homes for sale in Rankin County for the month of September totaled just over 1000, for an average list price of $214,002. The breakdown for each city follows:

City

Number of Listings

Average List Price

Brandon 39042

201

$206,887.00

Brandon 39047

446

$233,926.00

Pearl 39208

191

$131,514.00

Flowood 39232

46

$451,573.00

Florence 39073

70

$195,816.00

Richland 39218

30

$152,323.00

Total Active

984

 

The number of Rankin County homes that sold during the month of September were 112. Seventy-three of these homes were in Brandon (75 homes sold last year in this area during the same time frame). 14 sales were in Pearl, (down from 31 last year), six homes sold in Flowood, in comparison to last year in which 8 Flowood homes sold. Ten homes sold in Florence, (compared to 9 sales during the same time last year) and 9 homes sold in Richland (compared to 4 sales last September).

Rankin County Sales

Number of Sales

Average Sales Price

List to Sale Ratio

DOM

Brandon 39042

26

$179,321.00

95%

102

Brandon 39047

47

$178,641.00

96%

74

Pearl 39208

14

$125,021.00

98%

109

Flowood 39232

6

$144,483.00

98%

57

Florence 39073

10

$145,790.00

100%

191

Richland 39218

9

$137,366.00

97%

123

September Sales

112

 

 

 

For questions regarding this market snapshot for Rankin County, or if you are considering a home sale or purchase, I welcome your questions or comments.

Rankin County, one of the fastest growing counties in Mississippi,includes the cities of Brandon, Pearl, Flowood, Richland, Florence, Pelahatchie, Puckett, and several smaller communities. Brandon is the county seat.

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