Via Georgia MLS.

The median sales price for an Atlanta-area home rose 1.3% year over year to $395,000 in October despite other market metrics showing signs of a cooling market, Georgia MLS said in its Housing Market Snapshot. 

Closed and pending sales, as well as new listings, all declined as active listings increased. 

“October’s housing data tells us that buyers haven’t necessarily left the market; they’re simply taking longer to make a decision,” GAMLS Chief Marketing Officer John Ryan said. “We are seeing buyer caution translate into fewer closed transactions, all while home prices remain relatively stable. This is a market where value has replaced urgency, and consumer confidence will play an increasingly important role in determining when buyers are ready to move forward.” 

The number of homes sold fell 19.5% year over year and 4.3% month over month to 3,735 residences, while pending sales, which indicate future closings, dropped 26.8% from 2025 and 6.4% from September to 3,332 for the 10th consecutive month of annual declines.  

New listings fell 8.8% annually and 4.3% monthly to 7,788 homes; active listings rose 1.4% from October 2025 and 1.2% from September to 21,919. 

“Buyers have more choices and are taking the time to evaluate their options, which means sellers cannot rely on the urgency we saw in more competitive markets,” Ryan said. “Pricing a home appropriately from the outset, demonstrating its value and making sure it stands out are critical. Properties that are positioned realistically for current market conditions will be better positioned to attract buyer interest.”  

Georgia MLS’ 12-county report includes Cherokee, Clayton, Cobb, Dekalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding and Rockdale counties.