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SW Georgia Board of Realtors shares market info for 2019

The Southwest Georgia Board of REALTORS has released its fourth quarter housing indicators report, which includes statistics for the 12 months ended 12/31/2019.  Compared to 2018, the following numbers show a decrease of both the active listings (- 15%) and days on market (-19%). Median Sales Price is up 2.75% to $112,000

• Average Sales Price is down -.87% to $122,875.

• Pending Sales are down from 65 to 60.

• Days on Market Until Sold are down 19% percent to 194 days on average

• New Listings are down 4% to 866

• Active listings are down from 264 to 224

The SWGA housing indicators report is derived from data from Multiple Listing Services from the Southwest Georgia Board of REALTORS®. (SW Georgia MLS), While 100 percent of all activity in the SW Georgia is not accounted for, the indicators do give a sample of the housing market activity and trends for SW Georgia.  However, activity does vary across the state. 

The SW Georgia Board of REALTORS is a voluntary professional association of approximately 100 licensed real estate brokers and salespersons engaged in all aspects of the real estate business in Southwest Georgia.