– New Listings decreased eight percent to 14,211.
– Pending Sales increased 8 percent to 10,839.
– Closed Sales were flat, with a .5 percent increase to 10,968.
– Days on Market decreased 18 percent to 55 days.
– Median Sales Price increased eight percent to $200,000.
– Average Sales Price increased four percent to $245,458.
– Inventory levels decreased 14 percent to 41,643 units.
– Months Supply of Inventory was down 23 percent to four months.
– Source Georgia Association of Realtors – August 2016
