The Metro Atlanta real estate market is shifting with increased inventory, higher prices, and slower sales. Here’s a quick snapshot:
Key Highlights
New Listings: 10,830 (+14.4% YoY)
Pending Sales: 5,406 (-18.9% YoY)
Closed Sales: 4,742 (-0.5% YoY)
Average Sales Price: $441,772 (+4.9% YoY)
Active Listings: 33,504 (+26.6% YoY)
Days on Market: 76 (+26.7% YoY)
Market Insights
More listings mean increased options for buyers.
Slower sales and longer market times suggest a shift toward balance.
Prices continue rising, keeping affordability a challenge.
Impact on Buyers & Sellers
Buyers: More choices, but affordability remains an issue.
Sellers: Expect longer market times and price strategically.
Investors: More opportunities in rental-friendly areas.
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