Blog

Based strictly on the month-to-month numbers, key Atlanta submarkets from North Fulton to Virginia Highland are starting to apply the brakes early.Whether it’s a blip or a trend remains to be seen.Buckhead, East Cobb, North Fulton and the Intown market experienced a slight drop in the number of new listings from March, down 27% compared to the same period last year.

With inventory remaining at historic lows, houses with For Sale signs in their front yards are getting snapped up quickly across metro Atlanta. In every market Dorsey Alston reviewed, the average sales prices are up over the first three months of 2022 and up as much as 36% compared to the previous year. At the same time, the number of sales has fallen, down 27% across markets due to the lagging inventory. 

Across metro Atlanta, fewer houses hit the market last month, and the number of sales was down compared to February of last year, while the average sales prices jumped by more than 17%. Another picture emerges when comparing January 2022 to February 2022, reflecting the coming Spring Sales Season. There were more homes on the market than the previous month, leading to more sales but a slight increase in average sales price, which was $445,451 across the 11-county metro area, compared to $439,405 in January.

Thanks entirely to the people who work here, Dorsey Alston has again been named a Top Workplace by the Atlanta Journal-Constitution. 2022 is the 8th year in a row the only major daily newspaper in Atlanta has named the metro area’s oldest and largest locally-owned residential real estate firm to the coveted list.

Across metro Atlanta, the number of sales and average sales prices continued to climb last month, while the number of days houses were on the market continued to fall.