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Market Update Friday, May 29, 2020

Together Everyone Achieves More = TEAM 🏡🙌🏽😊

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.

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