Gulfport –
The average sales price of a home in South Mississippi in June reached its highest level in three years, a sign that the Coast real estate market is following the national trend upward.
According to the Mississippi Gulf Coast Multiple Listing Service, homes and condos sold on average for $134,721 in June. That was up $8,000 from May and almost $11,000 from a year ago. The last time
South Mississippi saw that price in July 2010.
Kathy Elias, a real estate agent with Coldwell Banker Alfonso Realty in Gulfport, tells The Sun Herald people who bought a condominium in South Mississippi for $650,000 after Hurricane Katrina can’t sell it today for $200,000, and only a few lenders will finance a condo purchase.
WJTV News Channel 12 – Real Estate Prices Rebounding On Miss. Coast.
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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