📈 Georgia Real Estate Market Update — June 2025

🏡 Statewide Market Snapshot

• Median Home Price: ~$385,100 (essentially unchanged from this time last year — a 0.16% year-over-year increase)
• Sales Volume: Home sales have slowed by about 8% compared to last year (11,720 homes sold vs. ~12,735 in May 2024)
• Time on Market: Homes are taking longer to sell — median of 44 days, which is 11 days longer than last year
• Inventory: Listings are up approximately 16.5%, with around 59,300 homes currently on the market
• Pricing Trends: Only 21.4% of homes sold above asking price (down 4.3 percentage points), and over one-third of active listings experienced price drops

🌆 Metro Atlanta Trends

• Median Home Price: ~$431,700, which is about 4% lower than this time last year
• Inventory Growth: The number of homes listed in Metro Atlanta is up roughly 20–21%
• Days on Market: The typical home now takes about 24 days to sell (up from 18 days a year ago)
• New vs. Older Homes:
• New construction homes are listed at a median price of ~$469,900
• Existing (older) homes average ~$376,000
• Nearly 40% of homes sold in 2024 were built over 30 years ago, with a median price of $335,000 — offering more affordability compared to newer builds

🔍 What’s Causing These Shifts?

• Higher Interest Rates: Mortgage rates are holding between 6% and 7%, which has cooled buyer activity
• Increased Supply: More sellers are listing homes, which gives buyers more options and lowers bidding pressure
• Market Normalization: We’re transitioning from the ultra-competitive seller’s market of 2020–2022 to a more balanced market in 2025

💼 For Buyers

  Now might be an ideal time to start your home search — especially if you're looking for:

• Negotiation Power: More inventory means less competition, and that gives you more room to negotiate
• Value Opportunities: Older homes are priced lower than new builds, which can stretch your dollar further
• More Choices: With listings up significantly, you’re more likely to find a home that fits your exact needs
• Mortgage Strategy: If you can buy now and refinance later, you can lock in a home before prices rise again

💰 For Sellers

  While the red-hot seller’s market has cooled, this is still a good time to sell — with the right strategy:

• Smart Pricing Matters: Overpricing your home will hurt your chances. With more competition, accurate pricing is key
• Prep & Presentation: Homes that show well — staged, decluttered, and professionally photographed — still sell faster and closer to asking price
• Know Your Market: Some neighborhoods are still in high demand, especially if school zones, shopping, or infrastructure are attractive to buyers

✅ Bottom Line: Should You Buy or Sell Now?

• Buyers: Yes — if you’re financially ready. There are more homes to choose from, sellers are more flexible, and bidding wars are less frequent
• Sellers: Yes — but be realistic. Homes are selling, but patience and proper positioning are necessary

🗺️ Local Advice Is Key

Georgia is a big state — market conditions in Metro Atlanta may differ from places like Savannah, Augusta, or smaller towns. That’s why working with someone who understands your specific market can make all the difference.

📲 Ready to Explore Your Options?

Whether you're buying your first home or thinking about selling, I'm here to help you navigate this evolving market with confidence.

Let’s talk about your next move — and make sure it’s the right one for you.