August Market Brief – GMLRA Highlights
Discover the latest real estate trends with the Monthly Market Brief from the Georgia Mountains & Lakes REALTORS® Association, powered by Georgia MLS (GAMLS) data.
Inventory remained elevated in August, with 291 new listings, up 10.6% year-over-year but down 9.6% from July. Active listings reached 894, increasing 17.9% year-over-year and 0.6% month-over-month. The continued growth in overall inventory is giving buyers more options across the market.
Market activity remained strong in August, with $78.43M in sales volume, up 42.9% year-over-year and 0.2% from July. Sales fell 7.9% year-over-year and 23.5% month-over-month, while units put under contract fell 17.0% year-over-year and 11.4% from July. The median sales price rose to $412,000, up 18.1% year-over-year and 18.1% month-over-month, reflecting higher home prices even as the number of closed sales declined.
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Quick Snapshot of August 2026 Key Metrics
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