Page 14 - Mississippi Gulf Coast Real Estate Market Update - January, 2016

Shifts and changes are continuously impacting the residential and commercial real estate markets. Coldwell Banker Alfonso tracks and analyzes data to stay abreast of real estate trends along the Mississippi Gulf Coast. Using the data collected allows
the company to form strategies and advise clients on how best to invest or sell properties on the Coast.
So if you’re buying or selling a
home in 2016, or looking to make an investment in real estate, here are some things to watch for in the coming year.
MARKET
TRENDS
Residential Sales By Month (2014 and 2015)
JUNE
MONTH OF THE YEAR
# UNITS SOLD 2014
AVG. SALES PRICE 2014
TOTAL SALES VOLUME 2014
# UNITS SOLD 2015
AVG. SALES PRICE 2015
TOTAL SALES VOLUME 2015
JANUARY 212 $129,530 $27,460,457 233 $131,651 MARCH
MAY
JULY
SEPTEMBER NOVEMBER
$30,674,658 $47,574,331 $59,006,430 $62,467,807 $54,692,059 $42,591,176
FEBRUARY
APRIL
AUGUST
OCTOBER
DECEMBER
246
280
300
376
335
295
307
291
272
236
312
$120,791
$120,961
$121,889
$131,572
$143,943
$149,736
$140,262
$146,158
$135,963
$147,708
$139,400
$29,714,614
$33,868,976
$36,566,734
$49,471,186
$48,220,739
$44,172,236
$43,060,407
$42,531,972
$36,982,020
$34,859,049
$43,492,782
220
347
318
394
407
405
373
365
302
299
$130,248
$137,102
$145,125
$149,763
$156,530
$154,241
$149,686
$149,841
$146,382
$142,445
$28,654,642
$46,149,653
$63,707,784
$55,832,864
$44,207,421
14 MS GULF COAST REAL ESTATE MARKET UPDATE • January 2016 www.alfonso.com