Housing Market updates from GAR - Atlanta Property Management

Housing Market updates from GAR – Atlanta Property Management

Mike Nelson
Mike Nelson

GEORGIA HOUSING INDICATORS FOR NOVEMBER ARE IN:

–   Pending Sales were up 23 percent to 7,861.

–   Average Sales Price was up 7 percent to $218,840.

–   Inventory levels shrank 7 percent to 41,891 units.

–   Median Sales Price increased 7 percent to $175,050.

–   Days on Market decreased 8 percent to 72 days.

–   Months Supply of Inventory was down 23 percent to 4.6 months.

–   New Listings increased 4 percent to 9,568.

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