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 continued to grow in September, with 299 new listings, up 4.9% year-over-year and 2.7% from August. Active listings reached 909, increasing 19.3% year-over-year and 1.7% month-over-month. The continued growth in available homes is giving buyers more options across the market.
Market activity shifted in September, with $47.83 million in sales volume, down 9.0% year-over-year and 39.0% from August. A total of 120 homes sold, down 5.5% year-over-year but up 2.6% month-over-month. Units put under contract fell 23.6% year-over-year and 17.1% from August, totaling 97. The median sales price reached $341,000, up 0.6% year-over-year but down 17.2% month-over-month, reflecting a notable decline from August's median sales price of $412,000.
Share the Market Brief 📲 Download the PNG version today!
|
||||||||||||||||||||||||||||||||