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. 

• New Listings increased four percent to 14,628 

• Pending Sales decreased three percent to 8,913 

• Closed Sales were down 11 percent to 9,316 

• Days on Market increased nine percent to 36 days 

• The Median Sales Price increased four percent to $350,000 

• The Average Sales Price increased four percent to $419,287 

• Inventory levels decreased three percent to 28,559 units

• Months Supply of Inventory was 2.8 months