Market Briefs

Atlanta REALTORS® Market Brief: June 2020

July 15, 2020

June Highlights

Demand: June residential sales were at 7,507, an increase of 1% 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 June was $295,000, an increase of 4.2% from last May. The average sales price was $352,500, up 1.6% from the previous year.

Supply: Atlanta area housing inventory totaled 14,708 units in June, a decrease of 24.2% from June 2019. New listings totaled 9,401, down 7.6% from June 2019 and up 5.8% from the previous month. The month’s supply over a 12-month period decreased to 2.4 months.

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