Leave a Message

By providing Angela Medley your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Thank you for your message. We will be in touch with you shortly.

Median Atlanta sales price rises 3.3% year over year

by John Yellig

Courtesy of Georgia MLS.

The median sales price of an Atlanta home hit $382,250 in December, up 3.3% year over year but down 3.2% month over month. The pace of sales, meanwhile, continued to slow.

By unit, home sales fell 0.5% month over month and 11.2% year over year to 3,846 properties, Georgia MLS reported, citing its 12-county Housing Market Snapshot. By dollar volume, sales came in at $1.82 billion, down 0.7% from November and down 3.8% from December 2022.

New listings plunged 27.5% month over month and dipped 1.8% year over year to 4,271. Active listings, meanwhile, were down 8.8% on a monthly basis and down 0.5% on a yearly one, at 11,393.

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

Full article: https://atlantaagentmagazine.com/2024/01/04/gamls-median-atlanta-sales-price-rises-3-3-year-over-year/