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:
Homebuyer activity remained fairly steady in October, with units sold showing only a slight decline, 0.3% compared to last year and 2.1% from the previous month, indicating a modest softening but no major shift in overall demand. |
| Price:
Prices held stable this month. The median sale price declined by 1.4% from a year ago and edged down by just 0.1% compared to September. Meanwhile, the average sale price rose by 2.0% year-over-year and ticked up by 0.1% month-over-month, signaling steady market value and continued strength in higher-priced homes. |
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Supply:
Housing supply continued to grow in October. Active listings increased by 17.3% compared to last year, while the number of new listings rose 3.0% year-over-year and 3.8% from September. The months of supply also climbed 18.0% year-over-year, signaling more options for buyers and a slow but steady shift toward a more balanced market. |
