Little GA update on house sales

New Listings and Sales Prices Up, Closed Sales  

and Inventory Down     

Georgia housing market indicators for March : 

• Median Prices rose 15% to $152,981      
• Average Prices rose 13% to $195,343     
• New Listings increased 11%
• Pending Sales increased 30%
• Closed Sales decreased 3%  
• Inventory Levels shrank 2% to 39,635 
• Months Supply of Homes for Sale decreased 5%       
• Days on Market decreased 7% to 82 days
• Percent of Original Price Received decreased .8% to 93.8%     

Information provided by The GA REALTORS Bulletin