Gulfport, MS

Mississippi Gulf Coast Mardi Gras Parade

41st ANNUAL KREWE OF GEMINI MARDI GRAS DAY PARADE

March 5

Parade route through downtown Gulfport! Parade starts at 19^th Street and goes towards Highway 49, continues pass Hancock Bank & throughout downtown Gulfport!

Date(s): 03/05/2011 - 03/05/2011

• Times: 2pm
• Location: Downtown Gulfport
• Contact: Betsy Glendenning - Krewe President
• Phone: 228-539-9692
• Admission: Spectators Free!

Visit Website

Hi,

Just a quick update on the housing stats for the month of February for Gulfport, Mississippi.

There were 53 Single family homes and Condos that Sold in Gulfport in Feb 2010 on the Gulf Coast MLS.

The Average Sold price was $143,669 The Median Sold price was $125,000

This compares to Feb 2009 where there were 66 Single family homes and Condos that sold in Gulfport recorded on our MLS. The Average Sold price then was $137,135 and the Median Sold Price $137,450.

And the $8000 tax credit deadline is coming soon. You must be under contract by the end of April and close before the end of June. If you are doing any short sales or programs, don't wait, act now because they can take months to close!

For any information on the real estate market in Gulfport or along the Gulf Coast, call Gulf Coast Realty at 228-865-9998 or email us at Info@GulfCoastRealty.info

*Report by Suzi Gravenstuk, using research privileges of membership in the Gulf Coast MLS. This information is not a copy/paste. As MLS information is a collection of entries from many people, accuracy is not guaranteed. Also, keep in mind that a large groups of properties never touches the MLS figures (for sale by owners and new home builders that are not members of the MLS). Please contact me directly if you want a specific area researched, and/or photos taken of a neighborhood or specific property.

The Gulf Coast MLS active single family homes (homes for sale) for Gulfport as of January 25th, 2009 breaks down as follows:

Avail: SW Gulfport=80, SE Gulfport=288, N. Gulfport=405

Last 30 day Closings: SW Gulfport=3, SE Gulfport=5, N. Gulfport=28

Taking a closer look at SW Gulfport (because I have a listing in Original Gulfport--3214 12th St.)

The occupancy of the available homes in SW Gulfport breaks down as: 36 vacant, Owner Occupied, 11 Short term Tenant and 4 Long Term Tenant Occupied.

The lowest priced home is a 3 bed 894 sf for $18, 900 (Guttted and ready for rehab).

The high is $379,900. A Gorgeous 5 bedroom, 3 bath 3400 square foot home with in ground pool and hot tub.

3 Homes Sold in the last 30 days. All were cash closings.

*890 square foot, 2bedroom, original list: $29, 900 Close Price: $29,000 DOM: 88. Pend to Close: 18 days

*1200 square foot, 3 bedroom. Original List: $90,000 for a term of close to 6 months, then expired. Relisted with a different firm 3 months later at $65,000. Almost 2 months later reduced to $50,000. Dom: 156 Pend to close: 48 days This home also had an agent note: No FHA or VA Buyers. (Did they expect problems making appraisal criteria?)

*The last home was a bit odd in history as it went pending 5 times. It may have been used as a rental during that time, and the number of pendings represent different tenants. It originally went on the market January 30th of 2008 at $77, 500. The listing page shows the list date as 12/01/08 at $69,900 with a DOM of 39 days (hmmmm). When a listing expires and is relisted under a new MLS #, DOM starts over. The Final sale price was $65, 000. Pend to close: 12/18/08 to 01/09/09, or 22 days

The odd history home was a very cute 2004, 1216 square foot, 3 bedroom 2 bath home

*If you need to sell your home, and, if you are determined to sell your home during this highly competitive time--I may be able to assist you. We won't know until we communicate.

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