By unit, home sales fell 14.3% month over month and 40.2% year over year to 4,187 properties in November, while the median sales price of homes sold was $370,000, down 2.6% from October but up 4.2% from November 2021, Georgia MLS reported.
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The number of homes sold in September fell 9.8% from August to 5,680 properties, which was 21.9% lower than the 7,274 homes sold a year earlier.
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Other market metrics, including sales volume, units sold and new listings also declined on a month-over-month basis.
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The number of homes sold dipped 1.5% compared to May, Georgia MLS reported.
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The median sales price of an Atlanta home was up 20.6% from a year earlier, at $409,400, Georgia MLS reported.
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Active listings in the Atlanta area rose 19.9% compared to March, while the number of homes sold fell 6.1%, Georgia MLS reported.
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At the same time, the median sales price of the properties sold ticked 0.3% higher on a month-over-month basis to $340,000.
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The median price of a home in Georgia dipped slightly in August but was up more than 18% from a year ago, according to a new report from Georgia MLS.
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The median sales price of homes sold in the Atlanta metro area surged by 22.5% on a year-over-year basis in July to $349,000, according to statistics from the Georgia MLS.
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The 12-county metro region saw home sales jump 21.7% to $1.97 billion during the month, as the median sales price rose 15.7% to $295,000, according to Georgia MLS.
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