DECEMBER HOUSING INDICATORS FOR GEORGIA

by Kimberly Yates

New Listings and Closed Sales posted year-over-year gains, whereas Pending Sales were mostly flat. Median and Average Sales Prices also posted increases. Meanwhile, inventory levels recorded substantial increases compared to the previous year. Click here to read the full update for December, including our Housing Supply Overview.

New Listings increased 18 percent to 10,533
Pending Sales decreased two percent to 7,050
Closed Sales increased 11 percent to 9,566
Days on Market increased 34 percent to 59 days
The Median Sales Price increased five percent to $357,450
The Average Sales Price increased seven percent to $440,339
Inventory levels increased 34 percent to 34,943 units
Months Supply of Inventory was up to 3.4 months