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 - July 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: July 2020 - 99.10%
Homes are selling at 99.10% of their list price in July 2020, equivalent to 99.10% in June.
Showings Per Listing: July 2020 - 6
Homes are selling after 6 showings in July 2020, up from 5.7 in June.
New Listings: July 2020 - 2,048
There is an average of 2,048 homes listed in Atlanta for July 2020, up from 1,914 in June.
Closed Sales: July 2020 - 1,233
There is an average of 1,233 homes sold in July 2020, up from 1,129 in June.
Median Sales Price: June 2020 - $344,500
$344, 500 is the median sales price of homes in Atlanta in July 2020, up from $329,250 in June.
Median Days on Market: July 2020 - 18 days
Homes are on the market for an average of 18 days in July 2020, down from 24 days in June.