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

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