Clayton County's July home sales were down 15.5 percent year over year, but prices rose 1.4 percent, according to a Re/Max housing report of greater Atlanta.
Photo: HYOSUB SHIN / AJC
Photo: HYOSUB SHIN / AJC

Clayton County home sales down in July, but prices see modest rise

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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