Market Briefs
Atlanta REALTORS® Market Brief: October 2024
November 13, 2024
October Highlights
The October 2024 Market Brief, compiled by First Multiple Listing Service (FMLS), provides a regionally focused synopsis of monthly sales and home prices for residential properties in Metro Atlanta. This summary covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.
Demand: October residential sales were at 4,272, an increase of 4.1% from the previous year.
Price: Average and median sales prices continue to outpace 2023’s figures, with positive gains. The median sales price in October was $418,000, a decrease of -0.5% from last October. The average sales price was $516,000, up 0.7% from the previous year.
Supply: Supply: Atlanta area housing inventory totaled 17,058 units in October, an increase of 46.2% from October 2023. New listings totaled 7,541, up 14.1% from October 2023 and up 2.9% from the previous month. The month’s supply over a 12-month period increased to 3.8 months.
The data in this report was compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Association at 404.250.0051.
About the PBOR Market Brief
The Paulding Board of REALTORS® (PBOR) Market Brief is compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Board at 770.866.1397.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Paulding Board of REALTORS®
The Paulding Board of REALTORS® (PBOR) has been an instrumental factor in the growth of real estate in Paulding County, Georgia for more than a decade. PBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About First Multiple Listing Service
First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.
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Market Briefs
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