Waterfront homes for sale in Biloxi have seen a significant drop in sales activity over the past 2 years. Currently there are 26 waterfront homes listed for sale in Biloxi with prices from the $160,000’s up to well over $1,000,000. See all Biloxi waterfront listings and homes for sale here on this site.
Over the past 12 months only 6 waterfront homes for sale have been reported as closed through the Gulf Coast Association of Realtors Multiple Listing Service (MLS). The most inexpensive waterfront home sold was reported as closing for $139,900 and overlooked Biloxi Bay. On the “high-side,” a 5 bedroom, 4.5 bath, 4,000 square foot home was sold at 65% of its asking price for $800,000. 10 waterfront homes were recorded as closed during the same time frame from 2007-2008.
The current listing inventory for waterfront homes for sale in Biloxi MS shows ther are 2 homes available for under $250,000, 1 between $300,000 and $350,000, 2 from $400,000 to $500,000, 5 from $500,000 to $600,000, 2 between $600,000 and $700,000, 3 from $800,000 to $900,000, 2 between $900,000 and $1,000,000, and 7 waterfront homes are available over the $1,000,000 range.
Right now is an excellent opportunity for waterfront home buyers in Biloxi to get great deals on property. With so few waterfront buyers in recent history, utilizing this information in the form of negotiating strength can make the difference in saving thousands of dollars! If you are looking to save even more money, call or email us and we can show you how you can save thousands more by utilizing one of our builders to build your waterfront home.
Contact us for more information or to see waterfront listings for sale in Biloxi MS both on and off the market!
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