October 2017 Hattiesburg Real Estate News You Can Use

Hattiesburg Zip Code 39401*

Through September of 2017, 250 Homes Were Sold. Through September of 2016, 233 Homes Were Sold. This represents a 7% increase.

Through September of 2017, the Average Number of Days on the Market for a home was 83. Through September of 2016, the Average Number of Days on the Market for a home was 104. This represents a 20% decrease.

Through September of 2017 the Average Sales Price of a Home was $115K. Through July of 2016, the Average Sales Price of a Home was $111K. This represents a 4% increase.

Oak Grove Zip Code 39402 *

Through September of 2017, 490 Homes Were Sold. Through September of 2016, 536 Homes Were Sold. This represents a 8% decrease.

Through September of 2017, the Average Number of Days on the Market for a home was 72. Through September of 2016, the Average Number of Days on the Market for a home was 87. This represents a 17% decrease.

Through September of 2017 the Average Sales Price of a Home was $218K. Through September of 2016, the Average Sales Price of a Home was $210K. This represents a 4% increase.

Petal 39465*

Through September of 2017, 228 Homes Were Sold. Through Through September of 2016, 186 Homes Were Sold. This represents a 23% increase.

Through September of 2017, the Average Number of Days on the Market for a home was 61. Through September of 2016, the Average Number of Days on the Market for a home was 8683. This represents a 27% decrease.

Through September of 2017 the Average Sales Price of a Home was $161K. Through September of 2016, the Average Sales Price of a Home was $149K. This represents a 8% increase.

* 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

 

 

 

 

July 2017 Hattiesburg Real Estate News YOU Can Use

Hattiesburg Zip Code 39401*

In June of 2017, 167 Homes Were Sold. In June of 2016, 158 Homes Were Sold. This represents a 9% increase.

In June of 2017, the Average Number of Days on the Market for a home was 86. In June of 2016, the Average Number of Days on the Market for a home was 108. This represents a 20% decrease.

In June of 2017 the Average Sales Price of a Home was $119K. In June of 2016, the Average Sales Price of a Home was $105K. This represents a 14% increase.

Hattiesburg Analysis: There are two bright spots in the Hattiesburg real estate area so far this year! Homes have sold at a 20% faster clip, and they’re doing so at a price that is 14% higher than last year.

Oak Grove Zip Code 39402 *

In June of 2017, 323 Homes Were Sold. In June of 2016, 335 Homes Were Sold. This represents a 4% decrease.

In June of 2017, the Average Number of Days on the Market for a home was 78. In June of 2016, the Average Number of Days on the Market for a home was 94. This represents a 17% decrease.

In June of 2017 the Average Sales Price of a Home was $210K. In June of 2016, the Average Sales Price of a Home was $210K. This represents a 0% increase/decrease.

Oak Grove Analysis: So far this year, homes in “the Grove” were selling 17% faster than last year.

Petal 39465*

In June of 2017, 144 Homes Were Sold. In June of 2016, 115 Homes Were Sold. This represents a 25% increase.

In June of 2017, the Average Number of Days on the Market for a home was 69. In June of 2016, the Average Number of Days on the Market for a home was 91. This represents a 24% decrease.

In June of 2017 the Average Sales Price of a Home was $158K. In June of 2016, the Average Sales Price of a Home was $146K. This represents a 8% decrease.

Petal Analysis: Business is picking up! 25% more homes have been sold in Petal through the month of June this year, than during the same period last year, but prices are lagging.

* All statistics are year-to-date.

 

 

 

 

 

May 2017 Hattiesburg Real Estate News YOU Can Use!

Hattiesburg Homes with Zip Code 39401*

In April of 2017, 103 Hattiesburg Homes Were Sold. In April of 2016, 97 Hattiesburg 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 Hattiesburg Homes Were Sold. In April of 2016, 197 Hattiesburg 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 Petal Homes Were Sold. In April of 2016, 69 Petral 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