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 29, 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- 73 Under Contract in the last 7 days- 89
Closed Sales in the last 7 days- 54 Types of Financing Used- 14-Conventional, 18-VA, 10-FHA, 10-Cash & 2-Other
Price Ranges that have gone Under Contract
Under $100,000- 13 (15%)
100k- 200k- 34 (38%)
200k-300k- 30 (34%)
300k-400k- 9 (10%)
400k-500k- 1 (1%)
Over 500k- 2 (2%)
Take-away… 72% 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- 21 Under Contract in the last 7 days- 40
Closed Sales in the last 7 days- 26 Types of Financing Used: Conventional-4, VA-16, FHA-4, Cash-0, Other-2
Price Ranges that have gone Under Contract
Under $100,000- 3 (8%)
100k- 200k- 21 (52%)
200k-300k- 12 (30%)
300k-400k- 4 (10%)
400k-500k- 0
Over 500k- 0
Take-away… 82% of the homes in Russell & Lee Counties that went under contract in the last 7 days were between 100k- 300k.