Supply: Atlanta area housing inventory totaled 15,220 units in November, a decrease of 1.7% from November 2014. New listings totaled 3,473, down .8% from November 2014 and down 23.3% from the previous month. The supply for sales over a 12 month period declined slightly, at 3.6
Demand: November residential sales were at 3,056, a decrease of 0.1% from November 2014.
Price: Average and median sales prices continue to gain traction and outpace 2014’s figures, with positive gains. The median sales price in November was $224,000, an increase of 9.3% from last November. The average sales price was $283,000, up 7.2% from the previous year.
