Hernando MS Real Estate Market Report - February 2011

Real Estate Agent with Bob Leigh & Assoc., LLC

Hernando MS Real Estate Market Report - February 2011

Hernando MS continues to see its sales volume increasing.  There were 23 sales in February with an average sales price of $163,200 and an average days on the market of 127.

Hernando MS real estate home sales

 Here are the comparisons for sales from last month and the same time last year:

January 2011
sales:  15     Avg $155,466     Avg DOM  99

February 2010
sales:  25     Avg $180,968     Avg DOM  74

Sales in Hernando can be broken down into sales by type and sales by price.

Hernando MS sales by type:

Hernando MS home sales by type

Hernando MS sales by price:

Hernando MS home sales by price

Currently, there are 170 residential properties for sale in Hernando MS which represents an month supply of inventory.  Approximately 8.2% of the available homes for sale are foreclosures.

  • lowest price $49,900
  • highest price $995,000
  • median price $199,000

Hernando MS housing inventory

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©  2011 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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Comments (1)

Myers Jackson
Auctioneer, Texas Flip N Move - Grapevine, TX
America's Auctioneer

From what part of the country does the most influence come from with respect to new arrivals or relocations?

Apr 23, 2011 02:56 PM