At the same time, days on market fell to 49 from 58.

Days on market in the city, meanwhile, dropped to 48 days from 60 days.

Both existing-home sales and housing inventory fell during August in Atlanta. But housing starts are up.

Meanwhile, housing starts rose to 3,485 from 2,397 a year earlier, according to Atlanta Agent’s July Housing Scorecard.

Housing inventory, meanwhile, remained significantly below year-ago levels in May.

Housing inventory in the Atlanta area, meanwhile, remained significantly below year-ago levels in April.