As the summer season unfolds, Robin Martin & Associates reflects on a bustling period of real estate activity in North Atlanta. With a commitment to delivering unparalleled service and results, our team agents constantly share insights and updates from the frontlines of our local market so that, in addition to our data research, we have a well-rounded view of recent trends.

For our key markets in North Atlanta covering Alpharetta, Marietta, Roswell and Milton, we are seeing mixed results. While pricing continues to climb, the sold-vs-list price ratio is flat or down in each market and there is a material increase of homes for sale vs. this time last year. We noticed pending sales are down in most markets, suggesting that listings could sit on the market longer and we may see a decrease in pricing. Staying informed of these trends is crucial for making informed decisions in the ever-evolving real estate landscape. Below is an overview of May 2024 North Atlanta Market activity compared to May 2023:

• ALPHARETTA MARKET:
  Home Values: Decreased 2%.
  Homes for Sale: Increased 48%.
  Number of Homes Sold: Decreased 34%.
  
  
• MARIETTA MARKET:
  Home Values: Increased 12%.
  Homes for Sale: Increased 57%.
  Number of Homes Sold: Decreased 20%.
  
  
• ROSWELL MARKET:
  Home Values: Increased 19%.
  Homes for Sale: Increased 47%.
  Number of Homes Sold: Decreased 22%.
  
  
• MILTON MARKET:
  Home Values: Increased 3%.
  Homes for Sale: Increased 37%.
  Number of Homes Sold: Decreased 30%.
  
  

Source: FMLS, detached market May 2024 Y/Y, values based on Median

As the real estate landscape continues to evolve, Robin Martin & Associates remains committed to providing expert guidance and support to clients. Whether buying or selling, our team stands ready to ensure a successful outcome for every transaction. If you’re considering your next move in the North Atlanta area, Robin Martin & Associates can be reached at 678-665-0202. Trust in our expertise to navigate the complexities of the real estate market with confidence!