Olive Branch MS Real Estate Market Report - October 2009

Olive Branch MS Real Estate Market Report - October 2009
by Pam Simpson
Desoto-Tate County Real Estate

There were 71 residential sales in Olive Branch MS in the month of October. The average sales price was $180,729 and the average days on the market was 151.

Of the 71 sales in October, 8.5% of them were foreclosures.

Here are the comparisons for last month and last year:

September 2009
Sales 68 Avg $184,670 Avg days on market 126

October 2008
Sales 61 Avg $192,817 Avg days on market 143

Currently, there are 449 active residential listings in Olive Branch MS with prices ranging from $45,000 to $995,000. The median listing price is $209,900.

The 449 active listings represent a 6.8 month supply of inventory which is down exactly 1 month. The percentage of active listings that are foreclosures is 8.7%.

Click here to find Olive Branch 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 - October 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.