September Market Update: Atlanta
The month of September has come to an end! School is back in full swing and Fall is officially upon us. As we move into October and the fall season, let’s take a moment to recap the month of September. We have provided a market update of the September Atlanta real estate market for you. Knowing these trends can ensure you can make well-informed decisions and stay in the know!
The Hard Facts
- The current median price list price is down slightly from this time last month, resting currently at 359k
- The supply of available homes is down by 2% from this time last month, with inventory at 11,855 listings
- A home’s average days on market has increased from this time last year by 10% and currently resides at 41 days on the market
What Does This Mean For You?
Sellers, we are moving into seasonality. Kids are back in school and while the market seems to be slowing, the fundamentals of the market are still strong. Home sellers can expect a great fourth quarter!
Buyers, we are looking at a very balanced market. Inventory is up, meaning you have more options. The increased days on market gives you more time to make your decisions. Take advantage of the current Atlanta real estate market and make your move to purchase your dream home!
Does this market update have you thinking about moving? Navigating the real estate market can be difficult, and you don’t want to do it alone. At Mark Spain Real Estate, we are here to help! Contact us today to get a head start.