Gulfport MLS Activity Since December 26 to January 25 2009

*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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