Atlanta REALTORS® Market Brief: November 2023

November Highlights

The November 2023 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: The Atlanta REALTORS® Market Brief is designed to offer an overview of the Atlanta residential market by providing a synopsis of sales and home prices, and covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Forsyth, Fulton, Gwinnett, Fayette, Paulding, and Rockdale.

Demand: November residential sales were at 3,673, a decrease of 9.0% from the previous year.

Price: Average and median sales prices continue to outpace 2022’s figures, with positive gains. The median sales price in November was $411,000, an increase of 5.4% from last November. The average sales price was $500,000, up 8.9% from the previous year.

Supply: Atlanta area housing inventory totaled 11,757 units in November, a decrease of 7.8% from November 2022. New listings totaled 5,348, up 5.0% from November 2022 and down 19.1% from the previous month. The month’s supply over a 12-month period increased to 2.6 months.

Infographic PNG   :   Download PDF

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.