Condo Sales in Oxford, Mississippi During the Month of November 2009

  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

Number of Oxford condos that sold in November: 17 (same as October)
Approximate Avg. Listing Price for all Closed Sales in Oxford: $116,635.29
Approximate Avg. of what condos actually sold for: $111,543.82
Percentage of sold price to list price for all 17: About 95.6% (over 1% higher than the October sales)

 
Oxford Condos Under 100k = 9 total
Approximate Avg. List price= $60,877.77
Approximate Avg. Actual Sale price= $56,155.55
Approximate Avg. 92.2% of listing price

For the third month in a row, this price range dominated the over-all condo market with over 50% of the units sold in the Oxford community.  Some of the units in this price range were sold for a good bit less than the asking price, making for some great deals.
Contact me for further questions.


Oxford Condos Btw. 100k-150k = 3
Approximate Avg. List price= $130,166.66
Approximate Avg. Actual Sale price= $118,333.33
Approximate Avg. 90.9% of listing price

With plenty of available units in this price range, one is sure to find what they are looking for.  Feel free to contact me for more details.

Oxford Condos Btw. 150k-200k = 3
Approximate Avg. List price= $183,166.66
Approximate Avg. Actual Sale price= $185,281.66
Approximate Avg. 100.1% of listing price

The reason the actual sold price is higher than the list price is because a unit in the Oxford community sold for well over the asking price.  The other two basically sold for their asking price.

Oxford Condos Btw. 200k-250k = 2
Approximate Avg. List price= $247,000
Approximate Avg. Actual Sale price= $240,000
Approximate Avg. 97.2% of listing price

The sellers of the most expensive condos this month got just slightly less than what they were asking for but still a much higher percent than last month.  For further questions on condos in Oxford, contact me.

 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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