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Olive Branch, MS Real Estate News

By Alan McClurg
(Bob Leigh & Associates, Realtors)
The Olive Branch real estate market is not experiencing as much of a decline as many areas of the country are at present.  However, the numbers are not as good as we all would like to see them.  Through April 30, 2008 Olive Branch recorded 913 residential home sales compared to 1,327 for the same time frame in 2007.  This is slightly more than a 31% decrease in units sold in just one year.  The average list price of a home in April 2008, was $164,716 compared to $169,589 in April 2007.  That means that, in general, Olive Branch homeowners are listing their homes about 2.9% lower in 2008 than in 2007.  Furthermore, the average sales price in April 2008 was $160,054 compared to $166,746 in April 2007.  This is a 4% decrease in sales price from 2007 to 2008. Although these numbers are not ...
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By Tracy McNeil, Vice President, Broker - CRS, ABR
(Crye-Leike)
After much anticipation and planning, the new Olive Branch Senior Citizen Center is now open.  Located at the Hwy 305 entrance to the City Park, this 10,000 square foot facilitiy will offer entertainment and recreational activities for seniors (age 50+).  This is a Computer Lab, Exercise Room, Reading Room, TV Lounge, 200-seat Assemly Room, and areas for all sorts of special activities.  For more information, you can contact the Seniors Coordinator, Missy Powell, at 662-890-7182 . . . or better yet, drop by and see what this great addition to Olive Branch has to offer!Tracy KirkleyCrye-Leike Realtors Olive Branch Homes for Sale
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By Tracy McNeil, Vice President, Broker - CRS, ABR
(Crye-Leike)
To see a full list of all the upcoming activities in Olive Branch, MS, you can go to: http://www.olivebranchms.com/ . . . but here are a few things that are coming up:April 28 - 4th Annual Olive Branch Arts Council Play: "Laughter on the 23rd Floor" (held @ Olive Branch High School)May 3 - 4th Annual Mud Bug Bash benefitting Palmer Home for Children from 7pm-12pm.  With soulful Zydeco sounds, enjoy all the Mudbugs you can eat while bidding on your favorite auction items and dancing to the music of Almost Famous.May 10 - Mayfest in Old Towne.  Lots of booths, activities, and fun for all ages!Olive Branch is full of all sorts of fun and activities for its residents and neighbors.  This is one of the many things that makes it such a great place to live!!Tracy Kirkley, Brokerwww.TracyKirkle...
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By Tracy McNeil, Vice President, Broker - CRS, ABR
(Crye-Leike)
Olive Branch, MississippiReal Estate Market UpdateMarch 28, 2008Residential properties in Olive Branch can be found in a wide array of price ranges.  There are currently 828 homes listed for sale with prices ranging from just below $100,000 up to over $500,000 . . . with just a few over the $1,000,000 mark.  The pricing breaks down as follows:< $100,000 = 15 homes$100,000-$149,999 = 125 homes$150,000-$199,999 = 193 homes$200,000-$299,999 = 332 homes$300,000-$400,000 = 125 homes> $400,000 = 38 homesThe average days on market for these listed homes is 165 days.  The average list price is $259,062.  The median list price is $235,505.In the previous six months in Olive Branch there have been a total of 346 listed homes sell.  The sold homes for the last six months break down as follows:< $1...
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By Tracy McNeil, Vice President, Broker - CRS, ABR
(Crye-Leike)
Olive Branch, MS is my chosen hometown and I love living, working, and playing here.  Here are just a few of the reasons I love it here:   LOCATION: Olive Branch is located in the northeast corner of Desoto County, MS and just across the state line and south of Memphis, TN.  This location gives us the "best of both worlds".  We have the benefit of being in a small-town atmosphere, yet we are literally within a few miles of all types of "big city" attractions (international airport, professional sports, theater, major medical facilities, major colleges and universities, great shopping and restaurants, major industry and employers, plus so much more).   SCHOOLS: One of the biggest draws for all of the communities within Desoto County is the great school system.   We have award-winning sch...
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By Monica Rainey
(First National Realty)
Sellers don't really know what they are getting. Picking a realtor by how much of a discount they will give you is like picking the cheapest  doctor to do surgury on you.Think about it is that really a good idea? Do you really want a discount or do you really want to get the most for your money. don't be fouled by these discount brokers. If they are that quick to cut their pay,how quick do you think they will be to cut yours?
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By Myra Hampton
(Crye-Leike Realtors)
When we informed friends that we were retiring to Mississippi, there reaction was something like this, who wants to retire to Ms.  What's in Ms?  They have not grasped changes that comes from growth and people.  The market is ripe for real estate.  What a great place to retire to!  My comment to those who have not yet grasped the changes, come see for your self!  If you are looking for a starter, mid-grade, retirement, or your dream beautifully designed premiere home, Olive Branch and the surrounded areas are where you want to be.  Still not convinced?  Call me for additional info!   But don't just take my word, come and see!   
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