{"id":13520,"date":"2021-05-31T08:55:19","date_gmt":"2021-05-31T15:55:19","guid":{"rendered":"https:\/\/www.roomvu.com\/academy\/?p=13520"},"modified":"2021-06-01T06:44:54","modified_gmt":"2021-06-01T13:44:54","slug":"georgia-real-estate-market-update","status":"publish","type":"post","link":"https:\/\/www.roomvu.com\/academy\/georgia-real-estate-market-update\/","title":{"rendered":"Georgia Real Estate Market Update"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/www.roomvu.com\" target=\"_blank\" rel=\"roomvu.com noopener\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg\" alt=\"\" class=\"wp-image-12734\" width=\"834\" height=\"145\" srcset=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg 1024w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-300x52.jpg 300w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-768x133.jpg 768w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1536x266.jpg 1536w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-scaled.jpg 2048w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1250x217.jpg 1250w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-400x69.jpg 400w\" sizes=\"(max-width: 834px) 100vw, 834px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Check out my latest video Georgia Market Update\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/hBf7FyGFw3M?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-market-update-georgia\">Market Update &#8211; Georgia<\/h2>\n\n\n\n<p class=\"has-drop-cap\">Spring is here and the busy market continues to drive sales prices over the asking price. Strong buyer demand and limited housing supply show no signs of easing soon, pointing to a continuation of this market trend through spring into summer. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-speed-of-the-market\">Speed of the Market<\/h3>\n\n\n\n<p>Speed of the market: 83.7% &#8211; Based on Sales-to-Active Listing Ratio.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-home-sales\">Home Sales<\/h3>\n\n\n\n<p>There wee 14,412 sales in April: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Properties sold faster by 43% compared to last year. <\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-listings\">Listings <\/h3>\n\n\n\n<p>There were 18,180 new listings in April:<\/p>\n\n\n\n<p>Both the listings and sales activity have increased, resulting in an upward trend in prices. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>31.9 % <span style=\"color:#00d084\" class=\"tadv-color\"><strong>increase <\/strong><\/span>compared to April 2020. <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.roomvu.com\" target=\"_blank\" rel=\"roomvu.com noopener\"><img decoding=\"async\" width=\"1024\" height=\"178\" src=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg\" alt=\"\" class=\"wp-image-12734\" srcset=\"https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1024x178.jpg 1024w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-300x52.jpg 300w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-768x133.jpg 768w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1536x266.jpg 1536w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-scaled.jpg 2048w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-1250x217.jpg 1250w, https:\/\/www.roomvu.com\/academy\/wp-content\/uploads\/2021\/04\/Banner-400x69.jpg 400w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-average-sold-price\">Average Sold Price<\/h3>\n\n\n\n<p><strong>The average sold price equaled to $349,715.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>A 22% increase compared to March 2021. <\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"block-9b38dc97-a32b-4376-8805-d5b4df0884fb\"><br>Total Pending Sales<\/h3>\n\n\n\n<p id=\"block-e0d29bb9-1c7d-4d8c-bf28-8dd107b712c7\"><strong>Total Pending sales equaled to 15,362.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\" id=\"block-cfd58c94-f24b-4746-a266-03e6427989ce\"><li>A 47% increase compared to April 2020.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Market Update &#8211; Georgia Spring is here and the busy market continues to drive sales prices over the asking price. Strong buyer demand and limited housing supply show no signs of easing soon, pointing to a continuation of this market trend through spring into summer. Speed of the Market Speed of the market: 83.7% &#8211; &hellip;<\/p>\n","protected":false},"author":1,"featured_media":13522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[917],"tags":[],"class_list":["post-13520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-trends"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.7 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Georgia Real Estate Market Update - roomvu Academy<\/title>\n<meta name=\"description\" content=\"Read the latest real estate market update for Georgia with all the stats and details together with a visually friendly video.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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