August Housing Indicators For Georgia - Courtesy Of Georgia Association of REALTORS®
The Monthly Housing Indicators for Georgia are in for August. New Listings showed a moderate increase. Meanwhile, Pending and Closed Sales dipped slightly year-over-year. Median and Average Sales Prices stayed flat, while YoY inventory levels saw significant gains.
New Listings increased 15 percent to 18,020
Pending Sales decreased four percent to 10,069
Closed Sales decreased seven percent to 10,634
Days on Market increased 24 percent to 42 days
The Median Sales Price stayed flat at $360,000
The Average Sales Price increased two percent to $437,790
Inventory levels increased 48 percent to 38,605 units
Months Supply of Inventory was up to 3.9 months
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