There were 28 homes that sold in March, 2010 in Oxford, Mississippi. The approximate average list price for all Closed Sales in Oxford, MS in March was $194,918. The approximate Average price of what the homes actually sold for was $182,412. This resulted in buyers paying approximately 93.5% of listing price. These numbers represent an upward trend from previous months. More homes sold in March than all of January and February combined. The market is starting to strengthen due to seasonal factors and also the uptick in the national real estate market. These factors bode well for the rest of 2010. As long as interest rates don't rise quickly, this forecast looks likely to endure.
Disclaimer: While every attempt is made to obtain accurate data and calculate it precisely, the information published here should not be relied on for purposes other than general information. No warranties, express or implied, should be derived from the home market report service.
Based on information provided by NCMBR MLS for the period (3/1/10) through (3/31/10).
Company: BC Real Estate LLC
Phone: 662-801-1735
Email: jordanbankhead at yahoo dot com
