Hi Everyone!
Well here are the stats for Single Family homes sold on the Mississippi Gulf Coast for the month of November.
November 2010 number sold 210
Average Price was $114,572
Median Price was $110,000
This compares to October of 2010 with 210 sold (Revised)
Average Price $126,481
Median Price was $110,000
I expect that November's sales will be revise slightly higher in a few weeks. This is because, not all agents report their closings in a timely manner. Last month the October record showed 195 closings on Nov4th. It has now been revised. So our report as of Dec 6th for Novemebers will probably get a little higher in a few weeks. The Median price is the one used more heavily in real estate, because it doesn't show as much change from an exceptionally high or low sale. I would say that we are about the same from October into November in general.
Remember, this is for the Mississippi Gulf Coast Single Family homes. This includes homes in Gulfport, Biloxi, Ocean Springs, St. Martin, D'iberville, Gautier, Pascagoula, Long Beach, Pass Christian, Waveland, Bay St. Louis, Saucier, Wiggins, and the three counties of Harrison, Hancock & Jackson, with some data from the adjacent 3 counties included too.
If you are looking to buy or sell a home on the Mississippi Gulf Coast, please call Gulf Coast Realty at 228-865-9998 or email at Info@GulfCoastRealty.Info
Every First Tuesday of the Month Free Home Buyer's Seminar is held at Gulf Coast Realty at 2214 25th Ave in Gulfport, MS from 6:30pm to 7:30pm. All are invited!