Olive Branch MS Real Estate Market Report - September 2009

Olive Branch MS Real Estate Market Report - September 2009
by Pam Simpson
The Kudzu Vine

The number of residential sales in Olive Branch MS in September jumped to 68. The average sales price increased slightly to $184,670 and the average days on the market was 126.

Here are the comparisons for last year and last month:

August 2009
sales: 59 Avg. Price: $178,631 Avg. DOM: 145

September 2008
sales: 81 Avg. Price: $194,437 Avg. DOM: 120

Out of the 68 homes that sold in September in Olive Branch MS, 25% were foreclosure sales.

Currently, there are 486 active residential listings in Olive Branch MS. This represents a 7.8 month supply of inventory which is down slightly. The sales prices range from $54,900 to $1,270,000 with the median being $209,900.

Foreclosures make up 8.8% of the available homes for sale in Olive Branch MS.

<<<<<<<< Olive Branch 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...***Olive Branch MS Real Estate Market Report September 2009***

FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
First Time Homebuyer Guide

FOR SELLERS: Pricing, Selling Tips

LOCAL COMMUNITY INFO: Tate County Community, Memphis Community, Southaven Community, Hernando 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.