NOVEMBER HOUSING INDICATORS FOR GEORGIA

by Kimberly Yates

New Listings and Pending Sales all posted moderate year-over-year gains. Both Median and Average Sales Prices experienced modest upward movement, while inventory levels recorded substantial increases compared to the previous year. Click here to read the full update for November, including our Housing Supply Overview.

New Listings increased five percent to 13,042
Pending Sales increased four percent to 8,197
Closed Sales increased one percent to 8,689
Days on Market increased 46 percent to 57 days
The Median Sales Price increased two percent to $357,000
The Average Sales Price increased four percent to $440,440
Inventory levels increased 34 percent to 39,137 units
Months Supply of Inventory was up to 3.9 months