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.
