SW Georgia Board of Realtors shares market info for 2019
Published 3:06 pm Tuesday, February 11, 2020
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.
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• 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.