Atlanta saw the fifth-highest increase in new listings in April among the top 50 U.S. metros, RE/MAX reported in its National Housing Report.
The market saw a 30.9% year-over-year jump in new inventory, which rose from 9,076 homes in April 2023 to 11,884 last month.
Bozeman, Montana; Omaha, Nebraska; Phoenix; and Miami took the top four spots, respectively.
Nationwide, new home listings were up 18.2% year over year and 6.3% month over month.
Other metrics also point to a healthy spring season, with national April closings up 11.2% over March and 9% over last April. The number of homes for sale was up 6.3% month over month and 28.8% year over year.
“We’ve started the busy homebuying season on a very good note,” RE/MAX President Amy Lessinger said in a press release. “Gains in home sales, new listings and the number of homes for sale are all signs of a more active, rebalancing market. This has happened without a significant drop in interest rates — suggesting that buyers and sellers may be less apt to delay their plans this year. More sellers have come into the market — and they’re finding buyers who are ready to go.”