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Market Update July 24, 2020

Signs of the times! 😜 🏡 🌈

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 on Facebook July 24, 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 14 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-  74                 Under Contract in the last 7 days-  92

Closed Sales in the last 7 days- 76 Types of Financing Used- 22-Conventional, 31-VA, 12-FHA, 11-Cash & 0-Other

Price Ranges that have gone Under Contract

Under $100,000- 24   (26%)

100k- 200k-  30  (33%)

200k-300k-  21  (23%)

300k-400k-  11    (12%)

400k-500k-  4    (4%)

Over 500k-  2      (2%)

Take-away…  82% of the homes in Muscogee & Harris Counties that went under contract in the last 7 days were between 10k- 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- 36

Closed Sales in the last 7 days- 40 Types of Financing Used: Conventional-7, VA-22, FHA-7, Cash-2, Other-2

Price Ranges that have gone Under Contract

Under $100,000-  4  (11%)

100k- 200k-  17  (47%)

200k-300k- 12  (33%)

300k-400k-  2 (33%)

400k-500k-  0 (0%)

Over 500k-  1 (3%)

Take-away…  80% of the homes in Russell & Lee Counties that went under contract in the last 14 days were between 100k- 300k.

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