Brandon MS Market Conditions Report (39042) ~ August 2010
In August, 48 homes were added to the market, bringing the total number of homes for sale in Brandon's 39042 zip code to 219. Following is a brief breakdown according to price:
|
Price Range |
# Units For Sale |
|
<$100,000 |
11 |
|
$100,001-$200,000 |
129 |
|
$200,001-$300,000 |
48 |
|
$300,001-$400,000 |
24 |
|
$400,000+ |
7 |
There were 19 closings in Brandon for August 2010, compared to 28 in August 2009, a 32% reduction. Although closings are down, it is encouraging to note the number of pending transactions total 46 units.
Fourteen houses expired during this time frame, indicating the prices were unacceptable to buyers.
The average sales price of homes in this area of Brandon is $145,000.
If a move is in your future, it pays to consult a neighborhood expert. Feel free to contact me if you have any questions regarding today's real estate market.
Search homes for sale in Brandon, Ridgeland, Madison, and metro Jackson MS
Written and Published by Pat Starnes REALTOR
Pat Starnes, a Realtor since 1988, specializes in Mississippi Residential Real Estate and can assist you with buying or selling in the Jackson MS Metro area.
Areas of service: Brandon, Pearl, Ridgeland, and the Ross Barnett Reservoir area
Search all available homes in the Jackson MS MLS
Pat Starnes, Broker; Pat Starnes Real Estate, 300 Castlewoods Blvd., Brandon, MS 39047; 601-278-4513 - Cell
Nice job reporting on the market stats for your area Pat!
Hi Pat, Nice to hear there are 46 units under contract. Sounds promising.