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Market Update for Jan 1 – June 20, 2020

July 5, 2020

Working together to make dreams happen. That’s what we do! ???

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, July 3, 2020

Tell us more about the details you want to see here on our Friday weekly updates!  Kim@KimMixon.com

Below are the Year To Date market details for Muscogee, Harris, Lee & Russell Counties Jan 1- June 30, 2020:

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

Closed Sales Jan 1- June 30 = 1413 (only 153 homes less than 2019- down appx 9.8%)

*Price Range Breakdown:

Under $100,000- 301   (21%)

100k- 200k-  511  (36%)

200k-300k-  362  (26%)

300k-400k- 165    (12%)

400k-500k-  37    (2.5%)

Over 500k-  37    (2.5%)

Take-away…  62% of the homes in Muscogee & Harris Counties that sold & closed were between 100k- 300k. This same range was 61% in 2019.

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

Closed Sales Jan 1- June 30 = 579 (only 89 homes less than 2019- down appx 13.32%)

*Price Range Breakdown:

Under $100,000-  55  (9%)

100k- 200k-  291  (50%)

200k-300k- 190  (33%)

300k-400k-  33 (6%)    

400k-500k-  6 (1%)    

Over 500k-  3 (-1%)

Take-away…  83% of the homes in Russell & Lee Counties that sold & closed were between 100k- 300k. This same range was 82% in 2019.

Year-to-date details of our local real estate market. ??

Filed Under: Team Blog

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