Current Market Data

Atlanta home prices expected to jump 18% in the next year
Atlanta home prices expected to jump 18% in the next year

Atlanta homebuyers should brace themselves amid expectations the residential real estate market could see double digit growth next year.

Median home sale prices increase 16% from 2020
Median home sale prices increase 16% from 2020

Even as the real estate market is showing signs of cooling and more sellers are dropping asking prices, median home prices increased by double digits from last year.

New-home sales plummet in July
New-home sales plummet in July

Also during the month, the median sales price rose to $390,500 from $370,200 in June, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

Existing-home sales rise again in July
Existing-home sales rise again in July

“Much of the home-sales growth is still occurring in the upper-end markets, while the mid- to lower-tier areas aren’t seeing as much growth because there are still too few starter-homes available.” — NAR chief economist Lawrence Yun

Atlanta homes sold well over asking prices last quarter
Atlanta homes sold well over asking prices last quarter

In what’s been a historic, frantic market, homes selling for large sums over list prices have risen sharply since January.

What do buyers want to see in your real estate listing marketing?
What do buyers want to see in your real estate listing marketing?

You might be surprised by the results of this survey.

New-home construction falls in July
New-home construction falls in July

“The bright spot in an otherwise underwhelming report comes from the increase in the overall number of permits issued, which can signal how much home construction is in the pipeline.” — First American deputy chief economist Odeta Kushi

Atlanta bidding wars dip in July
Atlanta bidding wars dip in July

Following months of sky-high prices paired with manic competition — driven by limited supply — the frenetic housing market is starting to cool down. Somewhat.

New listings rose in July as more affordable options hit the market
New listings rose in July as more affordable options hit the market

Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.

GAMLS: Price of homes in Atlanta surges year over year as sales volume declines
GAMLS: Price of homes in Atlanta surges year over year as sales volume declines

The median sales price of homes sold in the Atlanta metro area surged by 22.5% on a year-over-year basis in July to $349,000, according to statistics from the Georgia MLS.

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