Inventory remains very low across the Metro Atlanta housing market – according to the latest numbers from ARA, inventory in May was just a 3.6-month supply for the 11-county area, a 2.3 percent decline from a year ago.
The inventory problem is particularly pronounced in several Atlanta counties, a fact that GAMLS stats bear out. Some notable details:
- Cobb has the lowest inventory of the major counties at just 2.55-months; in total, five counties have inventories of less than 3-months.
- Inventory was down in all of Metro Atlanta’s largest counties, with Fulton seeing the smallest decline at 5.32 percent.
- The largest decline came in Paulding, where inventory fell 27.14 percent; six counties, though, saw declines of greater than 20 percent.
See our chart for more numbers:
|County||Inventory||Inventory Change||Median Price Increase|