Atlanta median home price tops $400,000 in March

by John Yellig on Atlanta Agent Magazine


Courtesy of Georgia MLS.

Atlanta’s housing market continued to gain momentum in March, with the pace of sales rising by double digits and the median sales price topping $400,000, according to the latest Georgia MLS 12-county Housing Market Snapshot.  

On a unit basis, home sales surged 19.7% month over month to 4,822, compared to 4,029 in February, while on a volume basis, sales rose 26% to $2.40 billion, compared to $1.91 billion a month before. Year over year, sales were down 13.9% by units sold and 4.2% by volume. 

The median sales price rose 1% month over month from $398,000 to $402,003. It was up 6.6% from the year-ago level of $377,000. 

New listings jumped 9.8% month over month and 11.3% year over year to 8,112. Active listings, meanwhile, were up 6% on a monthly basis and 33.8% on a yearly one, at 12,689.                

Georgia MLS’ 12-county report includes Cherokee, Clayton, Cobb, Dekalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding and Rockdale counties. 



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