The Atlanta REALTORS® Market Brief is designed to offer an overview of the Atlanta residential market by providing a synopsis of sales and home prices, and covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale. The numbers in the reports are updated each month to reflect any additional recordings from the previous month.
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Demand:
Buyer activity held strong in September, with 4,486 units sold, marking a 6.7% increase year-over-year and a slight month-over-month uptick. Steady sales suggest continued demand despite evolving market conditions. |
| Price:
The median sale price dipped 3.3% from last year to $411,000, reflecting a modest cooling in price growth. However, the average sale price remained relatively stable, signaling balanced negotiations between buyers and sellers. |
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Supply:
Inventory continued to expand, with active listings up 19.9% year-over-year and a 4.4-month supply now available. Increased listings are giving buyers more options while keeping overall market conditions near a balanced level. |
