Hernando MS Real Estate Market Report - September 2008
By Pam Simpson, Broker-Assoc.
The Kudzu Vine
20 residential properties sold in Hernando MS in September. The average sales price was $200,663. The average days on the market (DOM) for these sold properties was 134 days.
Comparisons for last month / last year:
August 2008 29 sold Avg. $194,717
Sept. 2007 28 sold Avg. $183,241
Northwood Hills saw the most sales activity this month, with the remaining sales spread fairly evenly around Hernando.
Hernando has 273 active residential listings which translates into a 9.3 months supply of inventory. Prices range from $45,000 to $1,500,000. The median price is $229,000.
Hernando's foreclosure listings currently make up 5.1 % of the local market.
For market trend comparision, see last month's Hernando Mississippi Market Report.
About the author:
Pam Simpson is a Broker-Associate with Bob Leigh & Associates, LLC in Northwest Mississippi.
Copyright© 2008 By Pam Simpson, All Rights Reserved...**Hernando MS Real Estate Market Report**
Disclaimer: All information provided by this author is based on information collected from several sources, which are believed accurate but not guaranteed.