OCTOBER HOUSING INDICATORS FOR GEORGIA

by Kimberly Yates

New Listings ticked up, Closed Sales were unchanged, and Pending Sales declined slightly. Prices showed mixed movement, with the Median Sale Price edging down and the Average Sales Price nudging up. Although inventory levels continue to climb, housing supply across the state remains tight.

New Listings increased five percent to 17,955 Pending Sales decreased three percent to 9,642 Closed Sales stayed flat at 10,130 Days on Market increased 10 percent to 57 days The Median Sales Price decreased one percent to $356,000 The Average Sales Price increased two percent to $450,502 Inventory levels increased 19 percent to 48,209 units Months Supply of Inventory was up to 4.7 months