Hernando MS Real Estate Market Report - March 2011

Real Estate Agent with Bob Leigh & Assoc., LLC

Hernando MS Real Estate Market Report - March 2011

Currently, there are 238 homes available for sale in the Hernando MS area:

  • low price $29,900
  • high price $995,000
  • median price $189,900

These 238 homes mean that Hernando MS has an 11.7 month supply of homes.  Approximately 9.7% of the available homes are foreclosures.

There were 24 homes that sold in Hernando MS in March with an average sales price of $187,024 and an average days on the market of 151.  Here are some comparisons to last month and March of last year:

February 2011
sales:  23     Avg $:  163,200     Avg DOM:  127

March 2010
sales:  27    Avg $:  179,729     Avg DOM:  90

Here is how the Hernando MS March sales break down by type (non-distress, foreclosures and short sales) as well as price range:


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.

Posted by


Bookmark and Share

Comments (1)

James A. Browning
Browning Real Estate School/REO Institute - International, IT
MRE REOCertified(R) SSCertified

Hello Pam, I wish you continuing sucess! How is the market in area?, Is there more REOs than SS? Is the current market improving? James

Aug 11, 2012 03:03 PM