June 2009: Oxford MS Condos Sold Report
July 4th, 2009 . by Blake CannonCondo Sales in Oxford, Mississippi During the Month of June 2009
Attention: The following information is researched and published by Blake Cannon from the local MLS. If you are looking for a home in Oxford, Blake knows the market and is very friendly and easy to work with. Feel free to call him when you are ready. 662-380-7144
Number of Oxford Homes that sold: 25
Average Listing Price for all Closed Sales in Oxford in June: $162,172
Average of what the condos actually sold for: $150,740
Percentage of Sold Price to List Price (166,476/$180,928): 92.95%
Condos listed under 100k sold for:
93.80% of listed price
There were four condos that sold in this price range and 3 of them were in The Mark. The other condo was in Quarter condominiums. Feel free to contact me with any questoins.
Condos listed at 100k-150k sold for:
95.12% of listed price
Unsurprisingly, 10 condos sold in this price range in the month of June which is the exact same number that sold in May. This is busy season for condos because this is when parents are looking for their children a place to live and they see that paying rent for four years is not worth it when you can purchase something in this price range with interest rates being so low. Most of the condos that sold were in Fleur De Lis, Harris Grove, Autumn Ridge and Turnberry. Contact me with any questions.
Condos listed from 150k to 200k sold for:
93.87% of listed price
This price range sold 8 with a whopping 5 of them being from Fleur De Lis subdivision. The other three were in Southwind Cove and Turnberry. Contact me with any questions.
Condos from 200k to 250k sold for:
95.05% of listed price
One condo sold in this subdivision and it was in The Retreat at Wellsgate. Contact me with any questions.
Condos from 300k to 400k sold for:
86.88% of listed price
Jefferson Park had two sales in this subdivision. They were listed at 400k and sold for 347,500 each. Contact me with any questions.
Conclusion
If you have any questions about these numbers or how I collected the data, please feel free to call or email me at anytime!
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