February 2023 - 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 2022 - February 2023 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: February 2023 - 99.5%
Homes are selling at 99.5% of their list price in February 2023, up from 98.7% in January 2023.
Showings Per Listing: February 2023 - 6.8
Homes are selling after 6.8 showings in February 2023, up from 6.5 in January 2023.
New Listings: February 2023 - 1,125
There is an average of 1,125 homes listed in Atlanta for February 2023, down from 1,216 in January 2023.
Closed Sales: February 2023 - 540
There is an average of 540 homes sold in February 2023, up from 470 in January 2023.
Median Sales Price: February 2023 - $389,500
$389,500 is the median sales price of homes in Atlanta in February 2023, up from $381,000 in January 2023.
Median Days on Market: February 2023 - 23 days
Homes are on the market for an average of 23 days in February 2023, down from 32 days in January 2023.