MONTHLY HOUSING INDICATORS - OCTOBER HOUSING INDICATORS
The Georgia October 2023 monthly Housing Indicators data shows an increase in New Listings and decreases in Pending Sales and Closed Sales year-over-year. Meanwhile, both Average and Median Sales Prices continued rising while inventory levels dipped slightly.
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New Listings increased four percent to 14,628
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Pending Sales decreased three percent to 8,913
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Closed Sales were down 11 percent to 9,316
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Days on Market increased nine percent to 36 days
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The Median Sales Price increased four percent to $350,000
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The Average Sales Price increased four percent to $419,287
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Inventory levels decreased three percent to 28,559 units
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Months Supply of Inventory was 2.8 months
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