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

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