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March Housing information from the Georgia Association of Realtors

Saturday, April 20, 2019   /   by Richard Reid

March 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.