HI,
Here are the stats for the Mississippi Gulf Coast for the month of September according to the Gulf Coast MLS.
There were 241 Residential Sales in the month of September on the MS Coast
The Average Price was $124,550
The Median Price was $117,900
Now that is an increase over August 2010 sales in both number of sold residential properties (238 in Aug)
And an increase in the Median & Average Price (Median price $94,000 in Aug) (Average Price $118,782)
Now, I am not saying this is a big change, but it is a positive change. I believe that buyers are more confident in home purchasing and that we have turned a corner probably around July of this year for the coast. I think with the great low interest rates and the fact that we are not moving downward (although we need more months to see if it becomes a trend). I believe that this is one of the BEST times to start looking at a home.
If you need properties sent to you, or would like a foreclosure list, contact Gulf Coast Realty and we will be happy to give you the latest info. Have a great week, and Thank God for the rescue of the Chilean Miners!
