Georgia housing market show stark divide in home sales speed
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Georgia housing market show stark divide in home sales speed
"Hinesville-Fort Stewart leads the state's larger markets with homes selling in a median of 42 days. The metro's 126 active listings have a median price of $310,000. Its 1.7 months of inventory signals tight supply and steady buyer demand. AthensClarke County also shows faster movement, with homes spending a median of 49 days on market. The 113 active listings have a median price of $299,000."
"Brunswick listings linger for nearly five months. The metro's 165 active listings have a median price of $1.8 million, reflecting a market skewed toward higher-end homes. Days on market sits at 147, with months of supply approaching 4.8, and the Market Action Index signals conditions that favor buyers. Albany shows a different dynamic, with lower median prices but slower turnover. With more than 100 active listings priced between $79,000 and $135,000, homes here remain on the market for 126 to 133 days."
"HW Data shows that price mix and supply balance are key drivers behind these differences. Metros with mid-market price points, such as Hinesville and Athens, tend to move faster. Areas at the higher and lower ends of the price spectrum, such as Brunswick and Albany, show longer selling times. The Georgia data highlights how market composition influences velocity. For buyers, mid-market metros remain competitive, while slower-moving areas may offer more room to negotiate. For sellers, realistic pricing and market expectations are critical across all markets."
Georgia's housing market varies widely across metros, with a statewide median 70 days on market but significant local differences. Hinesville-Fort Stewart posts a 42-day median with 126 active listings and 1.7 months of inventory, signaling tight supply. Athens-Clarke County records a 49-day median, 113 listings, and roughly 2.0 months of supply, indicating seller-leaning conditions. Brunswick shows a 147-day median with 165 listings and a $1.8 million median price, and about 4.8 months of supply favoring buyers. Albany has over 100 listings priced $79,000–$135,000, 126–133 days on market, and 5.0–8.5 months of supply, creating a clear buyer's market. Price mix and supply balance drive these velocity differences.
Read at www.housingwire.com
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