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 - October 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: October 2020 - 99.30%
Homes are selling at 99.30% of their list price in October 2020, up from 99.20% in September.
Showings Per Listing: October 2020 - 5.5
Homes are selling after 5.5 showings in October 2020, up from 5.2 in September.
New Listings: October 2020 - 1,924
There is an average of 1,924 homes listed in Atlanta for October 2020, down from 1,954 in September.
Closed Sales: October 2020 - 1,057
There is an average of 1,057 homes sold in October 2020, down from 1,219 in September.
Median Sales Price: October 2020 - $350,000
$350,000 is the median sales price of homes in Atlanta in October 2020, up from $349,900 in September.
Median Days on Market: October 2020 - 16 days
Homes are on the market for an average of 16 days in October 2020, down from 17 days in September.