JULY HOUSING INDICATORS FOR GEORGIA
New Listings and Closed Sales showed a moderate increase year-over-year, while Pending Sales showed a decrease. Median and Average Sales Prices saw modest growth and YoY inventory levels saw significant gains in July with around 12,000 more in 2024 than in 2023. Click here to read the full update for July, including our Housing Supply Overview.
- New Listings increased 15 percent to 17,253
- Pending Sales decreased six percent to 10,145
- Closed Sales increased seven percent to 11,398
- Days on Market increased 18 percent to 39 days
- The Median Sales Price increased one percent to $365,000
- The Average Sales Price increased four percent to $446,629
- Inventory levels increased 49 percent to 36,882 units
- Months Supply of Inventory was up to 3.7 months
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