March Home Sale Prices Rise

Housing indicators for March show an increase in momentum for Georgia’s housing market:

  • Median Prices rose 31 percent
  • Average Prices rose 22 percent
  • New Listings decreased 8 percent
  • Pending Sales were up 15 percent
  • Inventory Levels shrank 29 percent
  • Months Supply of Homes for Sale decreased 32 percent
  • Days on Market decreased 15 percent to 86 days
  • Percent of Original Price Received increased 5 percent to 94.6 percent

– From the Georgia Association of REALTORS

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