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.
