GAMLS: Home sales drop 8.2% year over year in October

by John Yellig

The number of houses sold in metro Atlanta in October fell by 8.2% on a year-over-year basis to 8,471, while the median sales price of those properties rose 20.1% to $340,000, Georgia MLS reported, citing its monthly Housing Market Snapshot.

That brought the total sales volume to $3.36 billion, 8.3% higher than October 2020.

Month over month, sales by unit were down 5.2%, while sales by dollar volume declined 2.6%, and the median sales price rose 3.7% from $328,000 in September.

New listings declined 1.3% in October compared to September, while active listings rose 2.2%, and under-contract listings rose 1%.

Georgia MLS’ 12-county report includes Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding and Rockdale counties.

Courtesy of Georgia MLS.

Read More Related to This Post

Join the conversation

New Subscribe