May 2017 Hattiesburg Real Estate News YOU Can Use!

Hattiesburg Homes with Zip Code 39401*

In April of 2017, 103 Homes Were Sold. In April of 2016, 97 Homes Were Sold. This represents a 6% increase.

In April of 2017, the Average Number of Days on the Market for a home was 99. In April of 2016, the Average Number of Days on the Market for a home was 100. This represents a 1% decrease.

In April of 2017 the Average Sales Price of a Home was $106K. In March of 2016, the Average Sales Price of a Home was $106K. This represents a 0% increase/decrease.

Hattiesburg Analysis: Our Hattiesburg Home Market Place has become much more competitive lately! Anecdotally, I’m hearing that sales midtown and uptown happen quickly. It’s best to be pre-approved on your loan, and even better to bring cash.

Oak Grove Homes with  Zip Code 39402 *

In April of 2017, 188 Homes Were Sold. In April of 2016, 197 Homes Were Sold. This represents a 5% decrease.

In April of 2017, the Average Number of Days on the Market for a home was 73. In April of 2016, the Average Number of Days on the Market for a home was 108. This represents a 32% decrease.

In April of 2017 the Average Sales Price of a Home was $201K. In April of 2016, the Average Sales Price of a Home was $202K. This represents a 1% decrease.

Oak Grove Analysis: Note the decrease in DOM for Oak Grove! Homes are selling at a brisk pace according to the latest “Days on Market” statistics. This is a very good indicator for an upward trend in housing prices.

Petal Homes with Zip Code 39465*

In April of 2017, 92 Homes Were Sold. In April of 2016, 69 Homes Were Sold. This represents a 33% increase.

In April of 2017, the Average Number of Days on the Market for a home was 77. In April of 2016, the Average Number of Days on the Market for a home was 104. This represents a 26% decrease.

In April of 2017 the Average Sales Price of a Home was $147K. In April of 2016, the Average Sales Price of a Home was $148K. This represents a 1% decrease.

Petal Analysis: Note the decrease in DOM for Petal! Homes are selling at a brisk pace according to the latest “Days on Market” statistics. This is a very good indicator for an upward trend in housing prices.

* All statistics are year-to-date.

Your referrals are VERY MUCH appreciated. Please contact me if you know anyone who needs to buy or sell a home. Thank you in advance!

All the best,

DEN

Dennis “DEN” Baum

All Star Team Realtors

Dennis@AllStarTeam.com

601-402-1993

About Dennis "DEN" Baum

Interested in buying or selling a home? Got questions? Give me a call and let's chat. There is never any cost or obligation. 601-402-1993.
This entry was posted in Hattiesburg Homes and tagged . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *