Reports - Oxford, MS January 2010 Sold Condos

  Attention:  The following information is researched and published by Brents Herron from the local MLS and should only be considered for general information.  If you are looking for a condo in Oxford, Brents knows the market very well and is happy to help anyone looking for fast and friendly service.  Feel free to call or email when you are ready.  615-485-4538 or brentsherron@gmail.com

As expected, January was a little slower for the condo market than most other months. However, a lot of people looking to buy a condo or house have sprung up lately and have the Oxford, MS real estate market buzzing again. Another interesting fact about this month is that there was no dominant subdivision or neighborhood leading the way in terms of units sold. 

Total Condos sold in Oxford, MS during January: 7
 
No condos listed under 100k were sold during this month

Listed between 100-150k: 2 sold with an average list price of $142,700.

This price range is full of great condos for anyone looking for a great weekend rental unit that is close to campus for easy access to all Ole Miss Events. Subdivisions such as Southpointe, Edinburgh, and Soleil are all great places to live in this price range. Please contact me for more information on these or any other condo subdivisions in the Oxford, MS area. Or feel free to create an account on my website to search all the MLS listings in Oxford. Simply click on Search Listing at the top of the page to login or to create an account.

 
Listed between 150-200k: 1 sold in January

Don’t let this number deceive you, just because only one sold doesn’t mean there are no good properties available around the Oxford area. There are some great condos for sale in this price range especially close to the Ole Miss Campus.  The West Jackson Ave. and the OldTaylor Rd. areas offer a great variety of condos in this price range.  Whether it be a stand-alone unit like Aspen Ridge or a multi-story unit like Turnberry, these two areas have it all.

Listed between 200-250k: 2 sold with about an average list price of $218,450

This is a great price range for someone looking to invest into a condo that is close to the Oxford Square. Or if you are looking for a little more square footage and acreage just outside out of town, this price range has plenty of opportunities there too. Whichever type you may be interested in, I know I can help you find just the right one for you. 

 
Listed between 250-300k: 2 condos sold with an approximate average list price of $267,000

This is a popular range for condos in Oxford. Many great properties exist and they can vary greatly, which is exactly why anyone interested should feel free to Search the MLS on my website. Email me with specific questions about properties.

 

Conclusion:

The next few months are great time to buy because of the Tax Credit the government is offering.  But the great buyers market we have all been hearing about could be over soon, so now is the time to start seriously looking if you have been interested in investing into Oxford Real Estate.  Please visit my Tax Credit Overview which may be able to answer more questions.

 

 
 

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