Atlanta home sales, median prices fall in November

by John Yellig

Home sales and the median price of properties sold both declined again in November, Georgia MLS reported, citing its 12-county Housing Market Snapshot.

By unit, home sales fell 14.3% month over month and 40.2% year over year to 4,187 properties. By dollar volume, sales came in at $1.84 billion, down 17.1% month over month and 37.4% year over year.

The median sales price of homes sold was $370,000, down 2.6% from October but up 4.2% from November 2021.

New listings fell 22.4% month over month and 14.2% year over year to 5,500, while active listings were down 4.2% on a monthly basis and up 78.4% on a yearly one.

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

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