This is your 2024 Year-End Market Review for our local real estate market from Kim Mixon w/ The Kim Mixon Real Estate Team. Watch the video below for a “deep dive” into the details for closed sales in 2024 as compared to 2023 and some additional information about pricing trends and more. ???? Check on the video below to hear all the latest about our local real estate market!
2024 Stats for Muscogee & Harris Counties (GA) Jan 1- December 31:
Closed Sales
- 2024= 2250 2023= 2529
- Down .8%
Average Sales Price
- 2024= $271,700 2023= $256,500
- Up 5.93%
Average Days on Market
- 2024= 38 2023= 35
Average Closed Volume
- 2022- 2023= Down 21%
- 2023-2024= Up 6.6%
5 Year Average Sales Price Increase= 28.77%
5 Year Average Price Per Sqft Increase= 38.25%
2024 Closed Sale Financing Types
- Cash- 667
- Conventional- 762
- FHA- 423
- VA- 661
- Other- 37
2024 Stats for Russell & Lee Counties (AL) Jan 1- December 31:
Closed Sales
- 2024= 1252 2023= 1308
- Down 4.28%
Average Sales Price
- 2024= $275,000 2023= $265,100
- Up 3.73%
Average Days on Market
- 2024= 35 2023= 34
Average Closed Volume
- 2022- 2023= Down 16.26%
- 2023-2024= Up 1.32%
5 Year Average Sales Price Increase= 36.82%
5 Year Average Price Per Sqft Increase= 48.32%
2024 Closed Sale Financing Types
- Cash- 178
- Conventional- 222
- FHA- 243
- VA- 568
- Other- 41
**All of this data is as provided in the Columbus Board of Realtors and East Alabama Board of Realtors (excluding Auburn) MLS systems.