Brandon MS ~ Market Condition Report for September 2010
~ 39047 ~
Number of Available listings on the market: 443
Average LIST price of these homes: $232,944
Average DOM (Days on the Market) for listed homes: 131
Number of Closed Sales for September 2010: 43 vs. 48 for same time last year
Average SALES price of closed sales for month of September: $190,166
List to Sale Ratio of closed homes in Brandon (39047) for September 2010: 96%
Sixty-four (64) Northwest Rankin homes are pending (under contract) in this area. The number of Brandon, MS Reservoir area homes sold year-to-date in 2010 is 449, three units more than the same time last year.
~ 39042 ~
Number of Available listings on the market: 206
Average LIST price of these homes: $206,856
Average DOM (Days on the Market) for listed homes: 136
Number of Closed Sales for September 2010: 26 vs. 27 for same time last year
Average SALES price of closed sales for month of September: $179,321
List to Sale Ratio of closed homes in Brandon's 39042 for September 2010: 95%
There are 31 homes currently under contract in Brandon, MS. The number of homes sold in Brandon's 39042 year-to-date is 212, down from last year's to-date total of 242.
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Brandon's 39042 encompasses Highway 80, Interstate 20, Highway 18, Louis Wilson Drive, "Downtown" Brandon, and all parts in-between.
Brandon's 39047 includes Lakeland Drive (Highway 25), part of Old Fannin Road, the Ross Barnett Reservoir (Rankin side), most of Hwy 471, Spillway Road, and the Northshore area.
View previous Brandon MS Market Reports
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.
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
Pat, Good market information for Brandon MS. Keep those reports coming, I know the locals really appreciate them.
Thanks, Sandy. I've decided to get the word out that homes are selling in Brandon MS. Sellers just need to present their properties in the best light.
Pat - I'm sure that some of your readers are interested in the list to closed ratio. How does that compare to last year.
Pat, those are great stats to have a snapshot of your market! Great job by you!