Are you looking for additional insight into the Atlanta single family residential market? Well look no further. Here is a brief rundown of current market conditions and trends for March 2023, looking at the data from Jan 2020 to Jan 2023.
List prices in the Atlanta metropolitan area have remained mostly flat since August 2022 after steady list price increases in previous months.
Sale prices have declined almost every month since June 2022 as the market has softened .
Overall, there is currently a 6.1% difference between average list price per SQFT and average sale price per SQFT. With this in mind, making sub 90% offers will be difficult to win.
Interested in learning more about the Atlanta market? Reach out to us, we’d be happy to chat further.