02/24/2022
The Monthly Housing Indicators for Georgia are in for January. Average Sales Prices were up 17 percent year-over-year, Days on the Market decreased 21 percent, and Months Supply of Inventory shrank to 1.1 months.
• New Listings decreased five percent to 12,815
• Pending Sales decreased nine percent to 11,778
• Closed Sales were down 10 percent to 9,080
• Inventory levels shrank 21 percent to 15,443 units
• The Median Sales Price increased 20 percent to $311,295
• The Average Sales Price increased 17 percent to $366,039
• Days on Market decreased 17 percent to 34 days
• Months Supply of Inventory was down 21 percent to 1.1 months