FEBRUARY HOUSING INDICATORS FOR GEORGIA
Georgia’s housing market saw decreases in New Listings, Pending Sales, and Closed Sales. Median Sales Price held steady, and Average Sales Price had a moderate increase. Although inventory levels continue to climb, housing supply across the state remains tight.
New Listings decreased one percent to 16,244
Pending Sales decreased six percent to 9,452
Closed Sales decreased two percent to 8,332
Days on Market increased 12 percent to 68 days
Median Sales Price stayed flat at $350,000
Average Sales Price increased three percent to $441,786
Inventory levels increased 12 percent to 43,104 units
Months Supply of Inventory was up to 4.2 months
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