The Georgia housing market posted steady numbers for March with slight increases and decreases across the board. Indicators for March are as follows:
- New Listings decreased 1.1 percent to 18,483.
- Pending Sales were up 0.5 percent to 13,911.
- Inventory levels grew 1.5 percent to 41,463 units.
- Median Sales Price increased 4.4 percent to $222,000.
- Days on Market was down 9.1 percent to 60 days.
- Months Supply of Inventory was down 5.3 percent to 3.6 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 seventeen years 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.