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    Market Update Friday, May 15, 2020

    Your Team of Experts! 🏡

    If you haven’t had a chance to check-out today’s Facebook Live w/ Kim, here is the link for the video version of the market update: Live Market Update Friday, May 15, 2020

    Tell us more about the details you want to see here on our Friday weekly updates!  Kim@KimMixon.com

    Below are the market details for the last 7 days for Muscogee, Harris, Lee & Russell Counties:

    🏡 Muscogee & Harris Counties (from the Columbus Board of Realtors MLS)

    New to the Market in the last 7 days-  50                 Under Contract in the last 7 days-  77

    Closed Sales in the last 7 days- 4 Types of Financing Used- 13 Conventional, 14 VA, 5 FHA, 11 Cash & 2 Other

    Price Ranges that have gone Under Contract

    Under $100,000- 12   (13%)

    100k- 200k-  35  (39%)

    200k-300k-  24  (27%)

    300k-400k-  13    (15%)

    400k-500k-  24    (5%)

    Over 500k-  1      (1%)

    Take-away…  66% of the homes in Muscogee & Harris Counties that went under contract in the last 7 days were between 100k- 300k.

    🏡 Russell & Lee Counties  (from the East Alabama Board of Realtors MLS)

    New to the Market in the last 7 days- 29             Under Contract in the last 7 days- 43

    Closed Sales in the last 7 days- 26 Types of Financing Used: Conventional 6, VA 13, FHA 5, Cash 1, Other 1

    Price Ranges that have gone Under Contract

    Under $100,000-  2  (8%)

    100k- 200k-  16  (62%)

    200k-300k- 7  (27%)

    300k-400k-  1 (3%)

    400k-500k-  0

    Over 500k-  0

    Take-away…  89% of the homes in Russell & Lee Counties that went under contract in the last 7 days were between 100k- 300k.

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