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The 5 Metro Atlanta counties with the worst inventory shortages in 2016

by Peter Thomas Ricci

atlanta-intown-neighborhood-fulton-county

Which counties have the worst housing shortage in Metro Atlanta? We looked through the latest stats from GeorgiaMLS to find out:

  • Cobb (2.73-months supply), Gwinnett (2.85-months), Fayette (2.92-months) and Cherokee (2.97-months) had the lowest levels of housing inventory through October.
  • In every single major Metro Atlanta county, inventory was down from the year before. As in September, smallest decline was in Forsyth (2.16 percent), while the largest was in Douglas (33.52 percent); all told, seven of the area’s 10 largest counties saw double-digit inventory declines.

See our chart below for more perspective:

County Housing Supply (in months) YOY Change Median Sales Price YOY Change
Cobb 2.73 -9% $220,000 6.28%
Gwinnett 2.85 -17.63% $202,000 8.02%
Fayette 2.92 -16.09% $247,500 -4.81%
Cherokee 2.97 -17.73% $225,000 15.38%
DeKalb 3.03 -10.88% $184,750 16.75%
Paulding 3.17 -22.3% $177,250 16.23%
Coweta 3.36 -7.95% $215,000 16.22%
Douglas 3.53 -33.52% $157,250 16.05%
Fulton 3.58 -4.53% $257,000 9.36%
Forsyth 3.62 -2.16% $295,000 1.9%
Henry 4 -24.39% $165,950 10.63%

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