SEPTEMBER HOUSING INDICATORS FOR GEORGIA

Georgia’s September housing market saw a moderate decline in New Listings, Pending Sales, and Closed Sales. Meanwhile, Median Sales Price and Average Sales Price posted slight gains. Inventory levels continue to rise, but overall housing supply across the state is still tight. Click here to read more, including the Housing Supply Overview.

New Listings decreased four percent to 18,041
Pending Sales decreased 14 percent to 8,739
Closed Sales decreased 10 percent to 9,786
Days on Market increased nine percent to 62 days
Median Sales Price increased one percent to $355,000
Average Sales Price increased two percent to $450,334
Inventory levels increased four percent to 55,422 units
Months Supply of Inventory was up to 5.2 months