Hi Everyone!
Well there is GOOD NEWS for the Mississippi Home Sales for the month of August. The Number of Homes Sold in August on the Coast is up from July 2011 and is up from August 2010. The breakdown of Sales is like this:
Aug. 2011:
Number of Homes SOLD 316
Average Price Sold $113,616
Median Price Sold $102,000
July 2011:
Number of Homes SOLD 247
Average Price SOLD $88,005
Median Price Sold $111,239
Aug 2010:
Number of Homes Sold 238
Average Price SOLD $118,782
Median Price Sold $94,000
As you can see, the number of homes SOLD is up and the Average price is up from July 2011 but is down from the Average price of Aug. 2010 . The median price is down from July 2011 but is up compared to the Median price of August 2010
But with both the NUMBER of HOMES SOLD up and the Average price up from July- positive news in the real estate market locally!
For information about your neighborhood, or information on Buying or Selling a home on the Mississippi Gulf Coast, contact Gulf Coast Realty at 228-865-9998
