Current Market Data

Over a third of Atlanta listings in bidding wars

More than half of Redfin listings (54%) experienced bidding wars in November, down only 4 percentage points from the previous month, according to the online broker’s new report.

Bought before they’re built: Advance new home sales highest since 2005

An ongoing shortage of existing homes on the market has made newly constructed homes especially desirable.

Atlanta market stays hot with sales up 10%

Atlanta Realtors recommends securing financing in advance of the home search process “as many properties are receiving multiple offers and do not remain on the market for very long.”

Atlanta ranks 17th priciest luxury market in the U.S.

The flight of homeowners from large urban centers to the suburbs has unexpectedly begun to reshape residential real estate, but luxury property in large cities have also gotten a boost from the hot market.

Georgia MLS: Home sales strong in November

Sales volume totaled $2.2 billion in November, according to the monthly report from Georgia MLS.

Walkability now less important to Atlanta buyers

“Much of what makes walkable neighborhoods so desirable and valuable has been diminished this year.” — Redfin chief economist Daryl Fairweather

Are condos the new bargain property?

A new Redfin report shows condos are selling for a record 17% discount to single-family homes as the coronavirus fuels demand for space.

Remote workers could continue to drive the post-pandemic market

A new report from Homes.com shows that prospective homebuyers are still waiting to see if they will work from home permanently.

Here’s how long it takes for buyers to save for a down payment in Atlanta

It takes Atlanta homebuyers 5.32 years to meet the minimum threshold of 20%, or $70,980, to qualify for a mortgage.

Atlanta’s increasingly diverse suburbs helped secure Biden win

The Redfin report notes that Biden won the Atlanta suburbs by a 30.5 percentage-point margin, an increase of more than 7 percentage points from the 2016 Presidential election.

Housing demand likely to stay high for years, according to new study

There are 5.7 million “missing” households since the Great Recession, a fact likely to boost housing demand for at least the next several years.

October sales spike for Georgia homes over $200K

There was a stark contrast between single-family home sales and condo sales, along with properties under $199,000, according to the report.

Atlanta sees ‘sharp drop-off’ in pending sales in October

New home closings dropped during October after going up during the months of June and July.

Home price acceleration at highest level in six years

Home construction continued to surge across the nation, which reflected the projection that new homes will help moderate price growth over the next 12 months.

Pending home sales down slightly as home prices continue to rise

Nationally, contract signings are up 20.2% compared to a year ago, but industry insiders say high prices are beginning to affect sales.

Despite economic uncertainty, home price gains soar to 7%

Despite the ongoing COVID-19 pandemic continuing to bring economic insecurity, new data shows home prices rose nearly 6.95% in September, the fastest rate since May 2014.

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