Gulfport MS Real Estate Market Update

by admin on March 2, 2011

The Gulfport MS real estate market has had its ups and downs but steadily performs high coast-wide. This month was a little slow with only 47 transactions closing in the past 30 days (54 the prior month), but things are looking better.

Out of the 47 closed units, it still looks like real estate investors are a driving force as a large portion of the sales (just over 40%) were under $50k, but what is interesting is that the $150k-$225k range performed decently at over 20% of closed transactions. The highest dollar home that closed was a waterfront home fronting Bernard Bayou for $615k.

For more information on real estate in Gulfport, MS, homes for sale, or new construction in Gulfport or anywhere else on the Mississippi Coast, please contact me. I strive to put as much information out as possible and appreciate your business when you are ready to buy or sell a home.

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