Market Update November 30, 2022

Where Is the Atlanta Market Right Now?


Here’s a snapshot of Atlanta real estate as we near the end of 2021.

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As we head into November, I wanted to quickly recap the latest news and numbers for Atlanta real estate.

In September, the pace of sales was down 11% compared to 2020. We had one year of crazy, whacked-out sales volume from COVID. A shortage of inventory helped prices go sky-high.

Prices have started to level off recently, which is allowing buyers to take advantage of low interest rates and lock them in for the long term. Buying traffic has slowed a little, but we’re still seeing multiple offers frequently.

The speed of your sale comes down to your high school district, price range, and the agent you work with. Institutional buyers are buying at a higher clip than they have in the past, offering guaranteed money to homeowners with a cash sale and quick close.

If that option interests you, we can surely offer it. We also pride ourselves on our retail sales process. The supply is still low, and we’d love to help you maximize your home’s sale price.

If you have any questions for us, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.