December 12th, 2022

Housing inventory is starting to build up across metro Atlanta, which is a good thing. For the last two years, prices have surged due to unprecedented demand and the lack of homes available for sale. As we reach the end of 2022, buyers are beginning to have more choices just as interest rates are trending lower.

November 16th, 2022

Dorsey Alston reviews FMLS data monthly to understand what is happening in the market. We are seeing a slowdown in sales and new listings, which is seasonal. The market is also being impacted by rising interest rates and an overall lack of inventory — but well-priced houses are still selling and getting multiple offers. 

October 17th, 2022

In September, houses were closing for prices 13% higher compared to last year across the six markets Dorsey Alston Realtors tracks closely, while the number of new listings fell 19% and the overall number of sales dropped 35%. 

The broader 11-county metro Atlanta area reflects the trends. Sales are down, as are new listings, and prices are up over the same period. New listings in September totaled 7,407, a 5.3% decrease from August and a 6% decrease from last September, while active listings jumped 6.7% month over month and 33% year over year to 13,999.

April 20th, 2022

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. 

December 22nd, 2021

The last two years have brought the importance of our homes to the forefront. It has been our office, school, restaurant, vacation spot, meeting place and more. This renewed focus has led to one of the strongest housing markets that we have ever seen.  Barely a day goes by where the news is not highlighting some housing statistics or the current housing trends.