Georgia Housing Market Snapshot July 2019

Georgia's housing market continued on a positive track and steady pace for the month of July. Monthly indicators are as follows:
 

• New Listings decreased 7 percent to 18,416. 
• Pending Sales were up 7 percent to 13,286. 
• Inventory levels were flat, with a 0.3 percent decrease to 45,242 units. 
• Median Sales Price increased 4.5 percent to $235,000. 
• Days on Market was down 8 percent to 48 days. 
• Months Supply of Inventory was down 5 percent to 3.9 months. 

 
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