2014 Statistics - PRCBoR Page 1

QUICK FACTS Overall

Change in

(as compared to last year):

▲2.04% Median Sold Price

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▲13.66% Inventory Sold

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▲9.378% Average DOM

▼2.422% Average Sold Price

2014 STATISTICS

(MARKET OVERVIEW)

Photo courtesy of: www.johnsonteamrealestate.com

January – December 2014 Pearl River County Board of REALTORS®

This information displays the overview of the entire

market, including residential, commercial, and lots and

land listings from January 1, 2014 to December 31, 2014*

as compared to the previous year.

It also includes a 5-year overview comparison.

*Information deemed reliable, but not guaranteed.

2014 Statistics - PRCBoR Page 2

2014 Statistics O V E R V I E W C O M P A R I S O N ( J A N U A R Y – D E C E M B E R 2 0 1 3 / 2 0 1 4 )

Pearl River County Board of REALTORS® MLS

INCLUDES: All Type Listings  2013  2014  Variance 

Listings sold 527 599 +13.66% Median Sold Price: $98,000 $100,000 +2.04% Average Sold Price: $119,083 $116,198 -2.422 % Average Days on Market: 160 175 +9.378%

RESIDENTIAL

COMMERCIAL

2013 2014 Variance Listings sold 426 467 +9.624% Median Sold Price: $ 119,000 $118,000 -0.84% Average Sold Price: $ 132,940 $128,301 -3.49% Average DOM: 146 156 +6.849%

2013 2014 Variance Listings sold 9 20 +122.22% Median Sold Price: $ 105,000 $137,500 +30.95% Average Sold Price: $ 156,144 $208,417 +33.477% Average DOM: 414 290 -29.95%

2014 Statistics - PRCBoR Page 3

LOTS & LAND

Five Year Comparison (January – November 2010-2014)

Includes: All Property 2010  2011  2012  2013  2014 

Listings Sold 435  497  463  527  599 

Median Sold Price:  $ 98,500    $83,000    $89,900    $98,000   $100,000 

Average Sold Price:  $110,385    $106,226    $104,427    $119,083   $116,198 

Average DOM: 193  200  170  160  175 

NOTES ONLY

With the exception of 2012, it appears that the inventory (listings sold) has consistently been going up; this would indicate growth of approximately 37.70% since 2010.

The median sold price has been slightly increasing the last three years, whereas the average sold price has gone down about 2.42% since last year, but is overall up about 5.266% from 2010.

Commercial property is on a big rise from when comparing the previous year. Looks like Pearl River County is bringing in economic growth through commercial, as well. (FYI: all 20 properties are located in Pearl River County)

2013 2014 Variance Listings sold 92 112 +21.74% Median Sold Price: $ 23,613 $29,750 +25.99% Average Sold Price: $ 51,290 $49,266 -3.95% Average DOM: 201 233 +15.92%