2025 Year End Market Review & Mortgage Update

???? 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 2025  as compared to 2024 and some additional information about pricing trends and the latest in Mortgage Rates w/ Jared Hudson.  Check on the video below to hear all the latest about our local real estate market!

2025  Stats for Muscogee & Harris Counties (GA) Jan 1- December 31:

Closed Sales

  • 2025= 2396     2024= 2550
    • Down 6.04%

Average Sales Price

  • 2025=  $288,300     2024=  $271,700
    • Up 5.93%

Average Days on Market

  • 2025=  44    2024=  38

Total Closed Sales Volume

  • 2025= $690,756,000
  • 2024= $705,592,000
    • Down 2.7%

2025 Closed Sale Financing Type

  • Cash- 24%
  • Conventional- 30%
  • FHA- 18%
  • VA- 26%
  • Other- 2%

 

2025 Stats for Russell & Lee Counties (AL) Jan 1- December 31:

Closed Sales

  • 2025= 11206     2024=  1265
    • Down 4.66%

Average Sales Price

  • 2025=  $291,650     2024=  $275,000
    • Up 6.05%

Average Days on Market

  • 2025=  43    2024=  35

Total Closed Sales Volume

  • 2025= $351,730,000
  • 2024= $351,140,000
    • Up .17%

2025 Closed Sale Financing Types

  • Cash- 11%
  • Conventional- 18%
  • FHA- 18%
  • VA- 50%
  • Other- 3%

 

 

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