D’Iberville MS Real Estate Market

D’Iberville, MS has been a very hot homes for sale market over the last several years. While home sales have slowed over the past year in this ideally located south MS city, D’iberville is poised for continued and prosperous growth in the future.

New commercial construction projects along with D’Iberville’s “over the bridge” proximity to south MS biggest economic engines makes it a popular city that most visitors and residents travel to or through on an everyday basis.

D’Iberville has many upscale waterfront communities. Waterfront homes can be found overlooking Biloxi Back Bay or on riverfront. Riverwalk subdivision is one of D’Iberville’s beautiful up-scale subdivisions on the Tchoutacabouffa (choo-ta-ca-boo-fa) River which empties into Biloxi Back Bay. Riverwalk is located very conveniently north of I-10 just north of the largest commercial retail center developed in the past several years anywhere on the coast. This new commercial project has brought many easily recognizable retailers and restaurants to the I-10 and 110 intersection. Hwy 110 is a short, mostly raised highway that leads to Biloxi’s Casino Row, beaches and Keesler Air Force Base.

D’Iberville, MS homes for sale stats show a current inventory of 87 homes available for purchase. Of these 87 homes, according to the Multiple Listing Service, (MLS), 12 are for sale from $49,900 to $100,000, 40 from $100,001 to $150,000, 9 from $150,001 to $200,000, 9 from $200,001 to $250,000, 6 from $250,001 to $300,000, 4 from $300,001 to $400,000, 2 from $400,001-$500,000, and 5 with prices above $500,000. The highest price home available for sale is $1,149,000.

Closed transactions have fallen 32% over the past year, according to MLS, with only 76 homes for sale sold in the past 12 months from 12-15-08 through 12-15-09. In the same time period of 2007-2008 112 homes sold, 2006-2007 139 homes sold, 2005-2006 170 homes sold, and from 2004-2005 126 homes sold. Sellers are dropping their prices as a slower, more competitive market has increased buying opportunities in this appreciable and centric area.

The closed transaction stats of D’iberville over the past year were; 10 homes closed from $50,000 to $100,000, 27 from $100,001 to $150,000, 16 from $150,001 to $200,000, 18 from $200,001 to $300,000, 3 from $300,001 to $400,000, and 2 closing for over $400,000. Several of the higher priced homes were sold in the Riverwalk subdivision.

For answers to your real estate questions contact us anytime. Tech Realty is the market leader for providing research and market trend information to the buying public. For information on great foreclosure opportunities or other south MS areas continue to search this site or click contact us.