August 2020 - Housing Market Data
When it comes to buying and selling homes, market data is very important. Agents use market data to help determine the list price of a home, to educate clients, and to accurately monitor trends in the housing market economy.
Interested in the statistics of the current housing market in Atlanta? Below we've illustrated housing market data from January 2019 - August 2020 for Atlanta, Georgia. All data is gathered from the Multiple Listing Service (FMLS®).
For more in-depth questions regarding market trends, please contact us directly or make an appointment with a member of our team.
Median Percent of Last List Price: August 2020 - 99.00%
Homes are selling at 99.00% of their list price in August 2020, down from 99.10% in July.
Showings Per Listing: August 2020 - 5.6
Homes are selling after 5.6 showings in August 2020, down from 6 in July.
New Listings: August 2020 - 2,002
There is an average of 2,002 homes listed in Atlanta for August 2020, down from 2,048 in July.
Closed Sales: August 2020 - 1,287
There is an average of 1,287 homes sold in August 2020, up from 1,233 in July.
Median Sales Price: August 2020 - $335,000
$335,000 is the median sales price of homes in Atlanta in August 2020, down from $344,500 in July.
Median Days on Market: August 2020 - 19 days
Homes are on the market for an average of 19 days in August 2020, up from 18 days in July.