The Monthly Housing Indicators for Georgia are in for September. There was a mix of trends in the Georgia housing market with New Listings increasing but Pending and Closed Sales dipping slightly. Median and Average Sales Prices posted modest increases, while inventory levels saw substantial year-over-year growth.

• New Listings increased 10 percent to 15,920
• Pending Sales decreased five percent to 8,855
• Closed Sales decreased five percent to 9,481
• Days on Market increased 37 percent to 48 days
• The Median Sales Price increased two percent to $363,500
• The Average Sales Price increased four percent to $444,455
• Inventory levels increased 43 percent to 39,412 units
• Months Supply of Inventory was up to 3.9 months

Subscribe below to stay connected with all my latest posts.