AUGUST HOUSING INDICATORS FOR GEORGIA.......New Listings showed a moderate increase in August while Pending and Closed Sales dipped slightly. Median and Average Sales Prices stayed flat, while inventory levels saw significant gains. Click here to read the full update for August, including our Housing Supply Overview.
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