Douglas County's 12-month median falls to $311,770, bucking Fulton County

DOUGLASVILLE, Ga. Douglas County's home prices are slipping while Fulton County goes the other way. Over the 12 months through October, the Douglas County median fell 3.3% to $311,770.

Next door, Fulton County's 12-month median rose 4.6% to $480,000 over the same period, on 846 October closings.

Douglas County recorded 112 closed home sales in October, down 20.6% from 141 a year earlier. The median sale price was $319,745, down 1.6% from $325,000 a year earlier.

The median home closed at 99.0% of its final list price in October, against 100.0% over 12 months. Of the month's sales, 51.4% closed below list. A price cut came before 48.2% of sales, compared with 43.1% over the year.

With 622 active listings as of 1:20 p.m. ET Nov. 14, Douglas County had 5.6 months of supply at October's closing pace, which our published bands read as balanced. On the 12-month pace it was 5.2 months, in the same band.

Sellers listed 208 homes in October, down 18.1% from 254 a year earlier, while buyers signed 93 contracts, down 25.6% from 125.