Between January and December of 2008, 709 homes sold according to the Jackson MLS. Average price was $168,304.
124 homes were new construction. Average days on the market was 102. 372 were conventional loans, 178 were FHA loans.
In the price range of over $250,000 - 100 homes sold during 2008, 32 homes were new construction.
In the price range of over $600,000 - 8 homes were sold, 3 were in the 600,000 range. 4 were close to a million or over. The hightest home sale was $1,700,000.
Presently there are 443 homes on the market in North Jackson. Price range from $16,500 to $1,499,000.
2009 should be a great year to purchase a home with good interest rates and sericous sellers in the market.
In 2007 in the North Jackson area 914 homes sold. 164 of those were new homes. 5 homes sold for over $600,000. The highest sale was $840,000. The average price for home sales in 2007 was $168.635.
