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.

Demand:

Buyer demand softened in November, with units sold down 10.3% year-over-year and a sharp 21.5% decline month-over-month, reflecting seasonal slowdown and continued affordability pressures.

Price:

Home prices showed mixed signals, as the median sale price dipped slightly year-over-year (-1.9%) while the average sale price increased (+2.3%), suggesting continued strength at higher price points despite overall market moderation.

Supply:

Housing supply remains elevated compared to last year, with active listings up 15.3% year-over-year and months’ supply rising to 4.2, indicating a more balanced market even as new listings slowed significantly month-over-month.