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 22, 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- 62 Under Contract in the last 7 days- 111
Closed Sales in the last 7 days- 78 Types of Financing Used- 23-Conventional, 28-VA, 13-FHA, 12-Cash & 2-Other
Price Ranges that have gone Under Contract
Under $100,000- 21 (19%)
100k- 200k- 45 (41%)
200k-300k- 25 (23%)
300k-400k- 14 (12%)
400k-500k- 4 (12%)
Over 500k- 2 (1%)
Take-away… 64% 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- 23 Under Contract in the last 7 days- 30
Closed Sales in the last 7 days- 31 Types of Financing Used: Conventional-2, VA-20, FHA-3, Cash-2, Other-4
Price Ranges that have gone Under Contract
Under $100,000- 6 (20%)
100k- 200k- 9 (30%)
200k-300k- 13 (43%)
300k-400k- 2 (7%)
400k-500k- 0
Over 500k- 0
Take-away… 73% of the homes in Russell & Lee Counties that went under contract in the last 7 days were between 100k- 300k.