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Thursday, February 11, 2021

Atlanta Real Estate in January: Sales Up 9.5% YoY, Inventory Down 52% YoY

by Calculated Risk on 2/11/2021 02:15:00 PM

From the GAMLS for Atlanta:

Total Residential Units Sold in January 2021 were 6,075, up 9.5% from 5,496 in January 2020.

Active Residential Listings in January 2021 were 9,028, down 52.3% from 18,928 in January 2020.

Months of Supply was 1.10 Months in January 2021, compared to 2.51 Months in January 2020.

Georgia MLS InventoryClick on graph for larger image.

This graph from the Georgia MLS shows inventory in Atlanta over the last several years - and the sharp decline in inventory at the start of the pandemic.