Georgia’s Housing Market at Midyear

With the delivery of the June Housing Indicators, we have a comprehensive overview of Georgia’s housing market for the first half of 2025. While elevated interest rates contributed to a modest decline in overall sales activity, the market demonstrated resilience with stable pricing. Despite the challenging interest rate environment, median home prices held steady, while average sales prices edged upward, suggesting continued underlying demand in Georgia’s real estate market.

Between January and June 2025, Closed Sales decreased slightly at 1.7 percent compared to the same time period in 2024, while New Listings increased 12 percent. Other indicators are as follows:

• Pending Sales decreased three percent to 65,987
• Days on Market increased 28 percent to 55 days
• The Median Sales Price stayed flat at $360,000
• The Average Sales Price increased two percent to $447,537
• The Percentage of Original Price Received dipped slightly by .9 percent

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