This is your 2024 June Housing 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- May 31:
Closed Sales
- 2024= 1059 2023= 1047
Average Sales Price
- 2024= $263,800 2023= $243,700 This is an increase in average sales price of 8.24% ????????????
Average List to Sale Price %
- After Price Reductions (final list price) 2024= 97.94% 2023= 98.73%
Average Days on Market
- 2024= 41 2023= 14
2024 Stats for Russell & Lee Counties (AL) Jan 1- May 31:
Closed Sales
- 2024= 519 2023= 535
Average Sales Price
- 2024= $270,600 2023= $255,500 This is an increase in average sales price of 6% ????????????
Average List to Sale Price %
- After Price Reductions (final list price) 2024= 99.1% 2023= 99.3%
Average Days on Market
- 2024= 37 2023= 40
**All of this data is as provided in the Columbus Board of Realtors and East Alabama Board of Realtors MLS systems.