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 June 12-26, 2020
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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 14 days- 159 Under Contract in the last 14 days- 193
Closed Sales in the last 14 days- 134 Types of Financing Used- 41-Conventional, 41-VA, 24-FHA, 27-Cash & 1-Other
Price Ranges that have gone Under Contract
Under $100,000- 33 (17%)
100k- 200k- 66 (34%)
200k-300k- 58 (30%)
300k-400k- 25 (13%)
400k-500k- 5 (3%)
Over 500k- 6 (3%)
Take-away… 64% of the homes in Muscogee & Harris Counties that went under contract in the last 14 days were between 100k- 300k.
? Russell & Lee Counties (from the East Alabama Board of Realtors MLS)
New to the Market in the last 14 days- 60 Under Contract in the last 14 days- 62
Closed Sales in the last 14 days- 63 Types of Financing Used: Conventional-17, VA-24, FHA-13, Cash-4, Other-5
Price Ranges that have gone Under Contract
Under $100,000- 6 (10%)
100k- 200k- 34 (57%)
200k-300k- 15 (25%)
300k-400k- 5 (8%)
400k-500k- 0 (0%)
Over 500k- 0 (0%)
Take-away… 82% of the homes in Russell & Lee Counties that went under contract in the last 14 days were between 100k- 300k.