North Fulton April Market Recap: The Trend Continues
North Fulton April Market Recap: The Trend Continues
As we navigate the Spring selling season, our team is in high gear for our buying and selling clients. With 23 closings already completed and 6 homes currently under contract or pending, we continue to deliver strong results for both sellers and buyers— even in a market that’s showing signs of cooling!
📊 April Year-Over-Year Trends North Fulton
- New Listings: ↑ 20%
- Available Inventory: ↑ 76%
- Pending Sales: ↓ 30%
- Closed Sales: ↓ 14%
- Months of Supply: ↑ 84%
- Median Sales Price: ↑ 4%
- Selling Price vs. Original List Price: ↓ 2%
This increase in inventory and dip in sales signals a more balanced market—potentially even tipping in favor of buyers in some segments. Still, demand remains strong in several Metro Atlanta neighborhoods, while others are experiencing slower activity.
Another key metric to watch is the average number of showings per listing, now at 7—a 30% drop from last year and down more than 100% from 2022 levels. While certain communities such as Country Club of Roswell – Willow Springs, Nesbit Lakes, and Tuxford continue to experience strong demand, other parts of North Fulton are beginning to show signs of cooling.
The broader U.S. housing market has hit a historic bottleneck, with transaction volume falling to a 30-year low. One major factor is mortgage rates: approximately 70% of homeowners currently have a mortgage rate under 5%, making it challenging for them to justify moving when today’s average rate is around 6.8%. This “rate lock-in” effect continues to suppress inventory, even as buyer interest returns in certain price points and neighborhoods.
While the overall number of homes sold has declined, we’ve been able to help our sellers secure top dollar and guide our buyers through competitive, multiple-offer situations. Our performance stands out in the local market: RMA listings have sold for an average of 3% more than the market average and have gone under contract in half the time.
Experience Matters More Than Ever
With over 40% of listings failing to sell, having a strategic partner makes all the difference. At Robin Martin & Associates, we’ve spent over a decade delivering superior results, and in today’s market, our experience is your edge.
✅ Our free pre-listing concierge service helps ensure your home is perfectly prepped and presented to stand out.
Our team has experienced multiple market cycles throughout the years, and we are here to guide you every step of the way. If you’re considering a move, let’s discuss how we can leverage our expertise to help you succeed in today’s Metro Atlanta market.
☎️ Contact us today to strategize your next real estate move! (678) 665-0202