Key indicators for the Georgia housing market are in for January! New listings, pending sales, and prices are up as inventory levels continue to shrink:
New Listings increased 2.5 percent to 15,928.
Pending Sales were up 12.1 percent to 11,332.
Inventory levels shrank 7.2 percent to 38,023 units.
The Median Sales Price increased 7.1 percent to $225,000.
Days on Market was down 7.5 percent to 62 days.
Months Supply of Inventory was down 11.1 percent to 3 months.