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ARA- 10-2017-MarketBrief

published by arc.realtors

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Atlanta REALTORS Market Brief
October 2017
Average Price
Month's Supply
Median Price
Atlanta REALTORS® provides the monthly Market Brief using data compiled by First Multiple Listing Service (FMLS).
4,387
14,200
$305,000
$243,000
2.9
4,402
Active Listings
New Listings
Unit Sales
®
SALES
2017
4,387
2015
4,115
4,335
2016
TOTAL MONTHLY SALES
4,387 total sales; 1.2% increase from 2016
SALES PRICE
MEDIAN SALES PRICE
AVERAGE SALES PRICE
Median sales price of $243,000; 5.7% increase from 2016
Average sales price of $305,000; 7.4% increase from 2016
Inventory
Month's Supply
Based on a 12 month sales average
August
3.1
September
October
3.1
2.9
New listings totaled 4,402 units; 4.3% decrease from 2016
Active listings totaled 14,200 units; 10.4% decrease from 2016