Olive Branch Market Data

(last 12 mos compared to previous 12 mos - published 11/9/16)

** 19% increase in the number of homes sold

** 2.2% increase in the median home price

** Average days on market dropped to 94 from 102

** Currently 347 homes on the market . . . down from 465 last year

** % of new construction sold (29%) has remained constant

So, what does this tell us? The buyers ARE out there and are looking for good homes to buy. Inventory is WAY down, which puts sellers more in the driver's seat.

Call me today at 901-210-8045 if you know of someone who needs to take advantage of this market . . . or for detailed information on YOUR specific neighborhood or market.