March 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 - March 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: March 2020 - 98.9%
Homes are selling at 98.9% of their list price in March 2020, up from 98.5% in February.
Showings Per Listing: March 2020 - 4.5
Homes are selling after 4.5 showings in March 2020, down from 5.8 in February.
New Listings: March 2020 - 1,886
There is an average of 1,886 homes listed in Atlanta for March 2020, up from 1,680 in February.
Closed Sales: March 2020 - 1,111
There is an average of 1,111 homes sold in March 2020, up from 998 in February.
Median Sales Price: March 2020 - $328,240
$328,240 is the median sales price of homes in Atlanta in March 2020, up from $302,495 in February.
Median Days on Market: March 2020 - 23 days
Homes are on the market for an average of 23 days in March 2020, down from 35 days in February.