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Market Update Friday, May 14, 2020

May 15, 2020

Your Team of Experts! ?

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- 45 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.

All the dish & more w/ Kim Mixon! ??

Filed Under: Team Blog

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Email: Kim@KimMixon.com


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