July home sales in Clayton County were down more than 15 percent compared to the same time last year, but prices were up 1.4 percent, according to a Re/Max housing report of the greater Atlanta area.
A total 125 houses were sold last month, 15.5 percent fewer than were bought in July 2018, according to the report. The median price of the county’s houses, however, rose to $145,000 in July, up from $143,000 the year before.
A tight supply of houses across metro Atlanta has pushed prices up, increasing the median cost to $260,000 in July, Re/Max said. Sales across the metro were down 0.9 percent.
“Year-over-year sales in greater Atlanta saw little change from last year (in July),” Re/Max Vice President Jeff LaGrange said. “However, this is welcome news after seeing a double-digit decrease in sales in June. Inventory remains low, which gives sellers the upper hand.”
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