Tate County MS Real Estate Market Report - October 2009

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

There were 19 sales in Tate County MS in the month of October which is up a bit from the previous month. The average sales price was $156,942 which is up significantly from the past few months. The average days on the market was 180.

The percentage of sales in October that were foreclosures dropped to 21%.

Here are the comparisons to last month and last year:

September 2009
Sales 15 Avg $104,304 Avg days on market 129

October 2008
Sales 19 Avg $108,881 Avg days on market 188

Here is a graph showing the location of the October sales in Tate County MS:

Currently, there are 170 residential listings in Tate County MS with the prices ranging from $32,000 to $1,300,000. The median price is $160,000.

Those 170 listings represent a 9.8 month supply of inventory which is down slightly from last month. Foreclosures make up 5.3% of the active listings.

Click here to search for Tate County 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...***Tate County MS Real Estate Market Report - October 2009***

FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
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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

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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.