MONTHLY HOUSING INDICATORS - DECEMBER HOUSING INDICATORS
The December 2023 Georgia Housing Indicators data shows a slight increase in New Listings and decreases in both Pending Sales and Closed Sales year-over-year. Meanwhile, both Average and Median Sales Prices continued rising. Additionally, the Housing Supply Overview showed changes in which properties sold the quickest and slowest in terms of price range.- New Listings increased one percent to 8,869- Pending Sales decreased two percent to 7,114- Closed Sales were down seven percent to 8,554- Days on Market increased five percent to 44 days- The Median Sales Price increased five percent to $340,000- The Average Sales Price increased seven percent to $410,867- Inventory levels decreased three percent to 25,750 units- Months Supply of Inventory was 2.5 months
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