0
0
0

GAMLS: Median-home sale price rises again in May 

by John Yellig

Courtesy of Georgia MLS.

The median sales price of an Atlanta home continued to rise in May, climbing 2.3% month over month from $405,000 to $414,200. It was up 3.6% from the year-ago level of $400,000, according to the latest Georgia MLS 12-county Housing Market Snapshot.    

By units, sales volume rose 7.8% from 5,283 homes sold in April to 5,693 homes in May. Year over year, sales were down 2.6% from 5,844 properties. By dollar amount, sales were up 9.4% and 0.1% month over month and year over year, at $2.9 billion. 

New listings jumped 5.2% month over month and 24.5% year over year to 9,467. Active listings, meanwhile, were up 13% on a monthly basis and 64.7% on a yearly one, at 15,448.                  

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

Read More Related to This Post

Join the conversation

New Subscribe

  • This field is for validation purposes and should be left unchanged.