Hernando, MS

Hernando MS Real Estate Market Report - December 2009

There were only 17 home sales in Hernando MS in the month of December which is down from the previous month. The average sales price was up to $183,355 and the average days on the market was 108.

Foreclosures made up 41% of the home sales.

Here are the comparisons to last month and December of last year:

Nov 2009
sales: 27 Avg $171,348 Avg DOM 121

Dec 2008
sales: 19 Avg $167,017 Avg DOM 89

This next chart shows the pricing decline in Hernando MS over the past 2 years:

Currently, there are 234 homes for sale in Hernando MS

• Low list price $49,900
• High list price $890,000
• Median list price $198,900

Based on the sales in Hernando MS over the last quarter of 2009, there is a 9.8 month supply of homes. Foreclosures make up 3.8% of the homes for sale in Hernando MS.

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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2010 by Pam Simpson. All rights reserved.

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.

Hernando MS HUD Home For Sale

2365 Mason Dr.
$160,000

3 bedrooms, 2.5 bathrooms
Finished Bonus Room
Fireplace
Double Garage
Privacy Fenced Backyard
Approx. 2,318 sq. ft.

Offered with FHA Insured Financing with Escrow Repair. Possible $100-down for owner-occupant buyers.
Bid Deadline is January 17, 2010.

Great deal on this HUD home in Creekside subdivision in Hernando MS.

Priced $15,000-$20,000 below average neighborhood comps.

Will not last beyond 10-day owner occupant priority period.

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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2010 by Pam Simpson. All rights reserved...

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.

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

Hernando MS had 27 residential sales in the month of November with an average sales price of $171,348 and an average number of days on the market of 121.

Out of those 27 sales, 26% were foreclosures which is a huge jump from the previous month.

Here are those same stats for the prior month and prior year:

October 2009
sales 28 avg $180,745 avg DOM 156

November 2008
sales 17 avg $177,956 avg DOM 101

Currently, there are 243 Active residential listings in Hernando MS with prices ranging from a low of $49,900 to a high of $950,000. The median list price is $199,900.

Using the sales statistics from the past 90 days, Hernando MS has roughly an 8.5 month supply of home inventory.

4.5 % of the available Active listings in Hernando MS are foreclosures.

click to see 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 - November 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.

3 bedroom/2 bath split floor plan downstairs and 2 oversized bedrooms and a full bath upstairs. Spacious kitchen with eat-in dining area and nice open living room. Located in one of Hernando's most sought after neighborhoods, this house sits on a corner lot that backs up to a quiet cove. Perfect for a first time home buyer with a large family, and priced at only $170,000, this deal is just in time for the extended home buyer tax credit. All appliances stay!! Call or email for more information or to schedule and appointment to see for yourself! To directly access this property, use this shortcut: http://www.fizber.com/mississippi-buy-single-family-home-12862795.html

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***

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.