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
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