Seller Concessions

Concessions reported have been relatively stable as a percentage of the sales price over the past year ranging from 2.61% to 2.93% of the median sale price.  Since real estate agents are not required to report concessions by Georgia MLS, only reported concessions were analyzed.

[The local MLS] does not report sales concessions.  Interviews with local agents indicate that sales concessions are reasonably stable at about 3% of the sales price.

Seller concessions have increased in the past 12 months at from 1.88% to 3.90% of the median sale price.  Since real estate agents are not required to report concessions by [the local listing service], only reported concessions were analyzed.