Hi Everyone!
Here is what has been happening for home sales on the Mississippi Gulf Coast.
The number of Single Family units that SOLD March 2012: 286
The Average SOLD price: $112,740
The Median SOLD price: $86,763
This compares to Feb. 2012
The number of Single Family units that SOLD Feb 2012 251
The Average Sold Price: $111,682
The Median Sold Price: $95,000
And compares with a year ago March 2011
The number of Single Family units that SOLD Mar. 2011 299
The Average Sold Price: $113,745
The Median Sold Price: $95,000
So home sales are up since Feb, but the price of homes has mixed results. And compared to last year in Mar. Both the number of home sales and price have fallen. We are still getting alot of foreclosures being sold on the market. With investors buying up low priced homes. In fact, out of the 286 homes that sold in March, 127 of them were all cash! That's over 44% of the homes purchased last month.
If you would like more information on Local sales in your area of the Mississippi Gulf Coast, call or email Gulf Coast Realty for a neighborhood look at your area. Gulf Coast Realty serves the Mississippi Gulf Coast from Hancock to Jackson counties, including the cities of Biloxi, Gulfport, Ocean Springs, Bay St. Louis, Waveland, Diamondhead, Pass Christian, Long Beach, D'Iberville, St. Martin area, Gautier, Vancleave and Keesler AFB, and the Navy CB Base.
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