Market Briefs

Atlanta REALTORS® Market Brief: July 2020

August 15, 2020

July Highlights

Demand: July residential sales were at 8,435, an increase of 10.4% 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 July was $305,000, an increase of 8.9% from last July. The average sales price was $367,500, up 8.1% from the previous year.

Supply: Atlanta area housing inventory totaled 14,034 units in July, a decrease of 28.7% from July 2019. New listings totaled 9,600, down 5.4% from July 2019 and up 2.1% from the previous month. The month’s supply over a 12-month period decreased to 2.3 months.


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