May 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 - May 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: May 2020 - 98.9%
Homes are selling at 98.9% of their list price in May 2020, down from 99.3% in April.
Showings Per Listing: May 2020 - 5
Homes are selling after 5 showings in May 2020, up from 3.3 in April.
New Listings: May 2020 - 1,744
There is an average of 1,744 homes listed in Atlanta for May 2020, up from 1,482 in April.
Closed Sales: May 2020 - 816
There is an average of 816 homes sold in May 2020, down from 895 in April.
Median Sales Price: May 2020 - $330,000
$330,000 is the median sales price of homes in Atlanta in May 2020, down from $340,000 in April.
Median Days on Market: May 2020 - 22 days
Homes are on the market for an average of 22 days in May 2020, up from 16 days in April.