Price: Average and median sales prices continue to gain traction and outpace 2018’s figures, with positive gains. The median sales price in April was $282,000, an increase of 3.7% from last April. The average sales price was $350,000, up 5.7% from the previous year.
Supply: New listings were
up 11.2% from April, 2018 and up 0.4% from the previous month. The month’s supply over a 12-month period increased to 2.9 months.
“
Atlanta housing inventory ticked up in April, with the local market having 12% more listings for buyers than this time last year. The healthy economy is creating considerable demand for purchasing a home, and this increase in inventory in the early part of the buying season is a good sign for the months ahead.”
2019 Atlanta REALTORS® President DeAnn Golden
This report covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding and Rockdale.
Source: AtlantaRealtors.com
