Hernando MS Real Estate Market Report - October 2009

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

Hernando MS had 28 residential sales in the month of October with an average sales price of $180,745. The average days on the market was 156.

The percentage of sales that were foreclosures was 7% which is down significantly from the previous month.

Note: The average sales price in September was skewed by an unusually large sale.

Here are the comparisons for last month and last year:

September 2009
Sales 31 Avg $206,600 Avg days on market 126

October 2008
Sales 30 Avg $201,147 Avg days on market 133

Currently, there are 257 active listings in Hernando MS with the prices ranging from a low of $49,900 and a high of $950,000. The median list price is $215,000.

The number of current active listings represent a 9 month supply of inventory in Hernando MS. That is up slightly from last month.

The percentage of active listings in Hernando MS that are foreclosures is 4.3%.

Click to find Hernando MS homes for sale>>>

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

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Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.