Georgia Home Sales Up 10 Percent in October

October home sales increased 10% across Georgia when compared to a year earlier, while the inventory of available homes continued to shrink. Sales of homes priced under $200,000, however, were down over 10%. Sales of homes priced between $200,000 and $300,000 increased 20%, while homes prices at $300,000 were up 28%. The average sales price of a Georgia home was $320,970, an increase of 19% when compared to October 2019.

Considering a new home purchase or the refinance of an existing home mortgage loan? Mortgage interest rates are still low! Contact Peachtree Mortgage Services, Inc. at peachmtg@bellsouth.net or 770.481.0052.