Market Briefs

Atlanta REALTORS® Market Brief: August 2020

September 15, 2020

August Highlights

Demand: August residential sales were at 7,474, an increase of 3.6% from the previous year.

Price: Average and median sales prices continue to increase and outpace 2019’s figures, with positive gains. The median sales price in August was $308,000, an increase of 14.9% from last August. The average sales price was $374,000, up 15.3% from the previous year.

Supply: Atlanta area housing inventory totaled 13,007 units in August, a decrease of 33.9% from August 2019. New listings totaled 8,957, down 8.1% from August 2019 and down 8% from the previous month. The month’s supply over a 12-month period decreased to 2.1 months.

 

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About the PBOR Market Brief

The Paulding Board of REALTORS® (PBOR)  Market Brief is compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Board at 770.866.1397.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

About the Paulding Board of REALTORS®

The Paulding Board of REALTORS® (PBOR) has been an instrumental factor in the growth of real estate in Paulding County, Georgia for more than a decade. PBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.

About First Multiple Listing Service

First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers.  Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers.  For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.

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