Closed and Pending Sales Rise in Georgia

The Georgia Association of Realtors just released their economic data for June and both closed and pending sales rose in June.  Here is a snapshot of their report:

  • Pending Sales were up 23 percent to 11,115
  • Average Sales Price was up 5 percent to $238,045
  • Inventory levels shrank 6 percent to 44,356 units
  • Median Sales Price increased 7 percent to $187,401
  • Days on Market decreased 7 percent to 67 days
  • Months Supply of Inventory was down 19 percent to 5.2 months
  • New Listings increased 8 percent to 15,249

If you are looking for a new home, Epic Development is currently building in Brookhaven, Grant Park, Old Fourth Ward, Ormewood Park, Reynoldstown, Riverside and Sandy Springs.  Click Here for our Available Homes  For more information, contact Scott Eaves at (404) 518-3820 or scott@epicdevelopment.com

2015-07-20T18:29:20+00:00 July 20th, 2015|Economic News|