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Georgia Assocation of Realtors Statistics update for March 2022

Thursday, April 21, 2022   /   by Richard Reid

Georgia Assocation of Realtors Statistics update for March 2022


The Monthly Housing Indicators for Georgia are in for March. Average Sales Prices were up 18 percent year-over-year, Days on the Market decreased 24 percent, and Months Supply of Inventory shrank to 1.1 months.

    • New Listings decreased one percent to 17,397

    • Pending Sales decreased eight percent to 14,699

    • Closed Sales were down six percent to 14,042

    • Inventory levels shrank 13 percent to 15,284 units

    • The Median Sales Price increased 22 percent to $334,000

    • The Average Sales Price increased 18 percent to $394,685

    • Days on Market decreased 24 percent to 29 days

    • Months Supply of Inventory was down 9 percent to one month
Direct Link Realty, Inc.
Richard Reid
11 Glenn Court
Decatur, GA 30030

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