Mississippi Gulf Coast Home Sales Stats for March 2012

By
Real Estate Agent with Coldwell Banker Alfons Realty

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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Don Davies, GRI "AshevilleRealEstateTrends.com"
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Jun 07, 2012 06:43 AM #1
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Gerard Maher

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