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.