OCTOBER HOUSING INDICATORS FOR GEORGIA

by Kimberly Yates

New Listings, Closed and Pending Sales showed moderate increases year-over-year. Median and Average Sales Prices also saw modest growth, and inventory levels saw signicant gains with 39 percent more units YoY. Click here to read the full update for October, including our Housing Supply Overview.

New Listings increased 14 percent to 16,773
Pending Sales increased ve percent to 9,360
Closed Sales increased four percent to 9,830
Days on Market increased 50 percent to 54 days
The Median Sales Price increased three percent to $360,000
The Average Sales Price increased six percent to $443,576
Inventory levels increased 39 percent to 40,077 units
Months Supply of Inventory was up to 4.0 months