August 22nd, 2022
The housing market is starting to adapt. For the first time in two years, inventory is catching up slightly with demand. Through the pandemic, metro Atlanta had a one-month supply of houses on the market. Last month, the supply jumped to two months. Buyers are finally starting to feel like they have some leverage.
July 17th, 2022
Across the 11-county metro Atlanta area, the number of active listings for sale climbed 15% last month over June 2021. However, in the five close-in markets Dorsey Alston, Realtors tracks, active listings were down 14% over the same period. So what gives?
May 19th, 2022
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.
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.
March 22nd, 2022
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.