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Market Update June 1-11, 2020

Be Kind Whenever Possible, It’s Always Possible! 🌈

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 Thursday, June 11, 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 11 days for Muscogee, Harris, Lee & Russell Counties:

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

New to the Market in the last 11 days-  65                 Under Contract in the last 11 days-  134

Closed Sales in the last 11 days- 88 Types of Financing Used- 20-Conventional, 29-VA, 20-FHA, 17-Cash & 2-Other

Price Ranges that have gone Under Contract

Under $100,000- 27   (20%)

100k- 200k-  44  (33%)

200k-300k-  40  (30%)

300k-400k-  17    (13%)

400k-500k-  3    (2%)

Over 500k-  3      (2%)

Take-away…  63% of the homes in Muscogee & Harris Counties that went under contract in the last 11 days were between 100k- 300k.

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

New to the Market in the last 11 days- 41             Under Contract in the last 11 days- 62

Closed Sales in the last 11 days- 43 Types of Financing Used: Conventional-6, VA-22, FHA-10, Cash-3, Other-2

Price Ranges that have gone Under Contract

Under $100,000-  3  (5%)

100k- 200k-  31  (50%)

200k-300k- 16  (26%)

300k-400k-  9 (15%)

400k-500k-  2 (3%)

Over 500k-  1 (1%)

Take-away…  76% of the homes in Russell & Lee Counties that went under contract in the last 11 days were between 100k- 300k.

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