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 |
|---|---|---|---|
| Cobb | 2.55 | -20.31% | 5.96% |
| Gwinnett | 2.7 | -23.94% | 7.44% |
| Cherokee | 2.86 | -23.73% | 0.44% |
| DeKalb | 2.93 | -11.75% | 2.38% |
| Paulding | 2.98 | -27.14% | 6.45% |
| Coweta | 3.05 | -22.39% | 3.5% |
| Fayette | 3.1 | -15.76% | 0.69% |
| Fulton | 3.56 | -5.32% | 11.52% |
| Forsyth | 3.62 | -9.73% | 5.42% |
| Henry | 3.91 | -23.33% | 1% |