Read Today’s Top Story: Early May is the most profitable time of year to list in Atlanta

Current Market Data

Case-Shiller: Home-price index hits all-time high in March; Atlanta sees 6.1% gain

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

New-home sales decline in April

At the same time, the median price of a new home sold in April declined as well. 
Atlanta ranks No. 5 in U.S. for new listings

The city saw a 30.9% annual jump in new listings in April, placing it fifth among the top 50 U.S. markets covered in the latest RE/MAX National Housing Report. 
Mortgage rates dip below 7%, bring relief to homebuyers

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report. 
Housing starts rebound in April after March slump

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 
Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.
Atlanta’s housing market surges in April

The pace of home sales continued to gain steam, as home prices gained ground as well, according to the latest Housing Market Snapshot from Georgia MLS. 
Atlanta Housing Scorecard: Starts, inventory rise

At the same time, home sales declined as days on market ticked higher.
Georgia home values have more than doubled in the past decade

Architecture Lab ranked every U.S. state based on the difference between average home values in 2013 and 2023; Georgia ranked No. 4.
Monthly home payments set new record in March

Monthly home payments hit new records last month reaching an all-time high of $2,747, an 11% increase from last year.
Atlanta ranks No. 8 for college grads

A relatively low cost of living and a vibrant entertainment scene placed Atlanta high on a new ranking from Apartment Advisor.
GAMLS: Atlanta median home price tops $400,000 in March

At the same time, the pace of home sales surged on a monthly as well as a yearly basis. 
Renovation spending has jumped 60% since 2020

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.
The best week to sell this year: April 14 – 20

Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.
NAR: Existing-home sales post biggest gain in a year

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.
Don’t paint your house these colors if you’re trying to sell

There’s a reason many homeowners opt for neutral shades when trying to sell their house — certain flashy colors may be off-putting to buyers.

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