RSS Feed by Calculated Risk on 3/10/2021 02:19:00 PM
Wednesday, March 10, 2021
Atlanta Real Estate in February: Sales Up 5% YoY, Inventory Down 57% YoY
From the GAMLS for Atlanta:
Total Residential Units Sold in February 2021 were 6,688, up 5.1% from 6,363 in February 2020.
Active Residential Listings in February 2021 were 7,767, down 57.2% from 18,163 in February 2020.
Months of Supply was 0.94 Months in February 2021, compared to 2.37 Months in February 2020.
Click 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.
