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Posted on June 16, 2018 - 10:18 PM
by Steve Pahlman
Hattiesburg Real Estate Market Update
June 15, 2018
As we enter into the prime selling season of the year, the Hattiesburg and surrounding markets are absolutely on FIRE! The average sales price of homes is up 5% YTD from last year and the average DOM (Days On Market) is down -17.5%YTD! What does this mean for you? It means that homes are selling faster and for a higher price than 2017 which also means your home value has changed! CLICK HERE for a quick price analysis to see what YOUR home is now worth!
Hattiesburg homes for Sale have seen steady price improvement month to month as well as year to year as inventory levels remain lows!
The Numbers Month to Month and Year to Year
The median sales price for Hattiesburg Homes for Sale is up over 10% at $169,900 in June 2018 compared to $152,700 during June 2017!
The least expensive of all Hattiesburg Homes for salecame in at $19,900 and would be a great home for a first time homebuyer or an investor looking for a rental property with positive cash flow. It has 3 bedrooms and 1 bath with approx 1200 - 1400 sqft and could use a little updating (schedule a showing).
A beautiful waterfront home on Lakeland Dr listed at $259,400 is this month’s winner! This home offers breath taking water front views and all the peace and quite that nature has to offer. Not to mention that it is currently listed under appraised value! If you are looking for a stunning home on the water without breaking the bank, this one is for you! (schedule a showing).
FREE Seller's Guide
If you are considering putting your home on the market, this is a Must Read! Learn what it takes to get the most $$ for YOUR home!