Prices Up, Inventory Down in Georgia in August

Housing Indicators for August point to more stabilization in the market throughout Georgia. Some key findings:
• New Listings decreased 15 percent
• Pending Sales were up 19 percent
• Inventory Levels shrank 31 percent
• Median Prices rose 7.5 percent
• Average Prices rose 4.5 percent
• Months Supply of Homes for Sale decreased 41 percent

Click here to view the full report on GAR’s Web site.

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