The Georgia September 2023 monthly Housing Indicators data shows declines year-over-year for New Listings, Pending Sales, and Closed Sales. Meanwhile, both Average and Median Sales Prices continued rising while inventory levels dipped slightly.
 

• New Listings decreased eight percent to 14,781

• Pending Sales decreased 11 percent to 9,280

• Closed Sales were down 17 percent to 10,009

• Days on Market increased 20 percent to 36 days

• The Median Sales Price increased four percent to $353,440

• The Average Sales Price increased six percent to $427,973

• Inventory levels decreased three percent to 28,970 units

• Months Supply of Inventory was 2.8 months