Key indicators for the Georgia housing market for July are in! The market has been hot this summer, with prices continuing to rise and a slight uptick in new listings.
- New Listings increased 4.4 percent to 15,708.
- Pending Sales were up 6.8 percent to 11,949.
- Inventory levels shrank 10 percent to 36,312 units.
- The Median Sales Price increased 8.3 percent to $225,900.
- Days on Market was down 8 percent to 46 days.
- Months Supply of Inventory was down 15 percent to 3 months.
Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.
No comments:
Post a Comment