Year over year, the median price was still in positive territory, with a 16.2% gain from August 2021’s $339,000 price.
The number of homes sold in August ticked up 0.3% from July to 6,147 properties, which was 21.8% lower than the 7,860 homes sold a year earlier.
By sales volume, homes sold were down 2.3% month over month and 9.8% year over year, at $2.84 billion.
Active listings surged 59.2% from a year ago to 12,428. They were up 3.8% compared to July.
New listings slid 5.1% from July to 8,794.
Georgia MLS’ 12-county report includes Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding and Rockdale counties.