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March 2019 Housing information from the Georgia Association of Realtors

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Saturday, April 20, 2019 / by Richard Reid

March 2019 Housing information from the Georgia Association of Realtors

Georgia Housing Market Snapshot: March

The Georgia housing market posted steady numbers for March with slight increases and decreases across the board. Indicators for March are as follows:

New Listings decreased 1.1 percent to 18,483.

Pending Sales were up 0.5 percent to 13,911.

Inventory levels grew 1.5 percent to 41,463 units.

Median Sales Price increased 4.4 percent to $222,000.

Days on Market was down 9.1 percent to 60 days.

Months Supply of Inventory was down 5.3 percent to 3.6 months.