2024 Mid-Year Market Update

???? This is your 2024 Mid-Year Market Update  for our local real estate market from Kim Mixon w/ The Kim Mixon Real Estate Team and Dustin Steele with Northpointe Bank. Below is a “deep dive” into the details for closed sales so far in 2024  as compared to 2023 and some interesting updates about rates and their impact on the market. ????  Check out the additional stats below…

2024  Stats for Muscogee & Harris Counties (GA) Jan 1- June 30:

Closed Sales

  • 2024= 1297     2023= 1266

Average Sales Price

  • 2024=  $266,700     2023=  $250,000

Average List to Sale Price % 

  • After Price Reductions (final list price)   2024=  98%    2023=  99%

Average Days on Market

  • 2024=  40    2023=  39

 

2024 Stats for Russell & Lee Counties (AL) Jan 1- June 30:

Closed Sales

  • 2024= 529     2023=  594

Average Sales Price

  • 2024=  $275,00     2023=  $262,500

Average List to Sale Price % 

  • After Price Reductions (final list price)   2024=  99.72%    2023=  99%

Average Days on Market

  • 2024=  35    2023=  37

 

 

**All of this data is as provided in the Columbus Board of Realtors and East Alabama Board of Realtors MLS systems.