Hernando MS Real Estate Market Report - May 2009

By
Real Estate Agent with Bob Leigh & Assoc., LLC

Hernando MS Real Estate Market Report - May 2009
by Pam Simpson
The Kudzu Vine

The capital of Desoto County, MS had 21 residential listings sold in the month of May, 2009 with an average sales price of $201,046 and an average days on the market of 125.

The percentage of those 21 homes that sold in May that were foreclosures was 19%.

The areas that saw the most sales in Hernando was Notting Hill and Fairway Woods.

Here are the sales numbers for last month and 1 year ago:

April 2009
Sales:  31         Avg $160,741         Avg DOM  104

May 2008
Sales:  30         Avg $202,485         Avg DOM  170

Currently, there are 257 Active residential listings in Hernando MS with prices ranging from $50,000 to $1,350,000.  The median price is $225,000.

The 257 current active listings represent an 11-month supply of inventory.  The percentage of Active listings in Hernando that are foreclosures is 5.4%.

For comparison to last month's numbers, see the April 2009 Hernando MS Real Estate Market Report.

 Hernando MS Community Information

Click here to search for Hernando MS Homes For Sale>>>>>Hernando MS Homes for Sale

 

 

___________________________________________________________________________________________________

About the author:
 
Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC.  
Copywright©  2009 by Pam Simpson.  All rights reserved...***Hernando MS Real Estate Market Report - May 2009***

FOR BUYERS:  Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates

FOR SELLERS:  Pricing, Selling Tips   

LOCAL COMMUNITY INFOTate County Community, Memphis Community, Southaven Community

MARKET REPORTS:  Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report

REALTOR STUFF:  NAR, Real Estate and Media, Real Estate Agents

OTHER:  Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions

 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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Topic:
Real Estate Market Trends
Location:
Mississippi De Soto County Hernando
Groups:
Market Updates
Mississippi Real Estate Professionals
North Mississippi Community Forum
Tags:
hernando mississippi
market report
hernando ms report

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