The Georgia November 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.
- New Listings increased ten percent to 12,310
- Pending Sales decreased one percent to 7,828
- Closed Sales were down six percent to 8,497
- Days on Market increased eight percent to 39 days
- The Median Sales Price increased six percent to $350,000
- The Average Sales Price increased ten percent to $421,487
- Inventory levels decreased two percent to 28,928 units
- Months Supply of Inventory was 2.9 months
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