Olive Branch, MS

Olive Branch MS Real Estate Market Report - December 2009

There were 46 home sales in Olive Branch MS in the month of December with an average sales price of $169,623 and an average days on the market of 131. Foreclosures made up 31% of these sales.

Here are the comparisons to last month and December 2008:

Nov 2009
sales: 67 Avg $161,186 Avg DOM 143

Dec 2008
sales: 47 Avg $158,168 Avg DOM 103

This chart shows the average sales price decrease in the past couple of years:

Currently, there are 420 homes for sale in Olive Branch MS

• Low list price $35,000
• High list price $995,000
• Median list price $195,000

Based on the sales of the last quarter of 2009, Olive Branch MS has a 6.8 month month supply of homes. Foreclosures make up about 10.2% of those available 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© 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.

Olive Branch MS HUD Homes For Sale
by Pam Simpson
The Kudzu Vine

8704 Bell Forest
Olive Branch MS
$127,000
3 bedrooms, 2 bath

FHA with Repair Escrow offered

$100 down available for owner-occupants

BID DEADLINE: 12/27/2009

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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 HUD Homes For Sale***

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.

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

There were 67 residential sales in Olive Branch MS for the month of November with an average sales price of $161,186 and an average days on the market of 143.

Out of those 67 sales, about 27% were foreclosures.

Here are the numbers from last month and last year:

October 2009
sales 71 avg $180,729 avg DOM 151

November 2008
sales 43 avg $166,354 avg DOM 89

There are currently 441 residential listings in Olive Branch MS with the prices ranging from a low of $35,000 to a high of $995,000. The median price is $196,900.

Using sales statistics from the past 90 days, Olive Branch MS has a 6.4 month supply of housing inventory. There has been a steady decline of housing inventory of the past 6 months.

Out of the available homes for sale in Olive Branch MS, about 10% are foreclosures.

Click to see available 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 - 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.

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

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.

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.