Clayton County October home sales: median $245,000, up 1.7% from a year ago
The 12-month median was $249,900, up 0.8%, and supply stood at 5.3 months on the month's sales pace, in the official FMLS run for October.
By Jeff Crowe
Published · Updated
JONESBORO, Ga. October was a steady month for Clayton County, with 131 closings and a median sale price of $245,000.
That median was up 1.7% from $241,000 in October a year earlier, and closings were down 21.1%.
“Clayton County is one of the steadiest markets we track: a $245,000 October median, a median 25 days to sell, and 100.0% of list. Buyers in this price range are still showing up.”
Across the trailing 12 months, 1,523 closings produced a median price of $249,900, up 0.8% from $248,000 in the prior 12 months.
The median home closed at 100.0% of its final list price in October, matching the 12-month figure. Sales below list made up 41.5% of the total. A price cut came before 33.6% of sales, compared with 36.2% over the year.
Homes that sold in October spent a median 25 days on the market, faster than the 12-month median of 28 days.
With 689 active listings as of 1:20 p.m. ET Nov. 14, Clayton County had 5.3 months of supply at October's closing pace, which our published bands read as balanced. On the 12-month pace it was 5.4 months, in the same band.
Sellers listed 257 homes in October, down 5.9% from 273 a year earlier, while buyers signed 134 contracts, down 1.5% from 136.
Spotted an error? Tell the newsroom. See our corrections policy.
Jeff Crowe, publisher and market reporter
Jeff Crowe writes about Georgia home sales from the official monthly FMLS run. Jeff is a licensed real estate agent with CENTURY 21 The Avenues, a full-service local brokerage in Calhoun, Ga.