Reports - Oxford, MS March 2010 Sold Condos Report

 

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
 
The market definitely showed signs of life here in the Oxford area.  Ten Condos sold in the Oxford community this month.  While that may not seem like much, it is  definitely up from February.  The 100k-150k range was the most popular price range in March, with 6 out of the 10 sold.
 
Total Condos Sold in March in the Oxford area: 10
 
Under 100k: 1 Sold
 
Many great investment opportunities exist in this price range.  Whether you are looking for something close to the UM Campus or not, units in this range are all over town.  Feel free to contact me anytime with questions regarding these condos.
 
Between 100k and 150k: 6 Sold
Approximate Sold Pr./Asking Price:  Approximately 93%
 
Oxford has a great selection of condos for those looking to invest in the Oxford Real Estate market.  It could be a weekend rental for football games or a place to settle down and retire, Oxford has it all. 
 
Between 200k-250k: 2 Sold
 
The two that sold were both very near the asking price because the great quality of these homes.  Oxford has huge selection of homes and condos in this price range.  Click here to view other properties in this area.
 
Over 400k: 1 Sold
 
If you are looking for High-Quality Condos near the Oxford, MS Square, then feel free to search the MLS here to see what is available.  As we all know, condos in this range are some that have been hit the hardest by the recession; therefore a large supply of great condominiums are available.
 
Conclusion:
With the Tax Credit Expiring at the end of April, it is now crunch time to take advantage of it.  All agreements must be in before May 1, 2010.  It is still a buyer's market and plenty of great opportunities are out there, so feel free to contact me anytime with questions regarding any condos in Oxford, MS.
 
 
 
 

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