Understanding the Atlanta market when it comes to buying or selling is just one of the many things we help our clients with when it comes to their next move! While the Metro Atlanta market is showing signs of cooling off, it’s still a hot market, and here’s why.

You will see that the number of homes sold is down 14.5% in September 2021 compared to last year and the number of homes active is down around 32%. We continue to have an imbalance of supply and demand, which will keep inventory tight and prices high until something causes this to shift.

FMLS SF detached residences data. Data believed to be accurate, but not warranted. Analysis includes previous listing period data where applicable. 2021 ChartMaster Services, LLC. For exclusive use of participating Keller Williams Realty offices.

The months of supply is also still near record lows at 1.1 months but we note that it has increased by 0.4 in 3 months. This could give buyers more of an opportunity to negotiate when purchasing a home.

In short, while the market has slightly cooled, we’re still seeing multiple offers on all of our listings and homes selling quickly for optimal prices. This summer was more “red hot” when we were getting 10+ offers on homes but we still consider this a seller’s market as home values are up over 18% compared to last year.

With people moving from California, New York, Chicago, and even Buckhead to our local North Atlanta market, along with low-interest rates, the market remains strong for sellers and it’s a great time to consider putting your home on the market.

If you would like more information about your local market or a free home valuation, call Robin at 678-665-0202 or email Robin@RobinMartinAssoc.com today!