Metro Atlanta Housing Market: Q2 2025 Snapshot
1. Inventory & Market Activity
- Inventory surged sharply across Metro Atlanta in Q2 2025. According to Sotheby’s, the inventory of single-family homes and condos jumped 41% year-over-year, signaling a significant shift toward a more balanced—or even buyer‑friendly—market.
- New listings increased by approximately 10%, though they trailed inventory growth, suggesting supply is outpacing buyer demand.
- The months’ supply of inventory also rose about 41%, indicating more homes available relative to typical sales pace.
- Closed sales dropped 2% compared to Q2 2024, reinforcing the cooling trend.
- Homes are taking longer to sell: the average days on market increased by 43%, landing at approximately 40–43 days.
2. Sales Prices & Trends
- The median sales price held steady in Q2 at around $465,000, showing no significant change from Q2 2024.
- As of May 2025, the median sale price stood at $435,000, up modestly 0.3% year-over-year, while the average sales price came in higher at $552,500, up 2.5%.
3. Market Balance & Seller Dynamics
- The market continues tilting toward buyers. Listings are lingering longer, and buyers are increasingly calling the shots.
- The Metro Atlanta market leads nationally in home sale cancellations, signaling reduced buyer activity and hesitation.
- Sellers are showing more flexibility, including lowering asking prices and offering concessions—reflecting a more pragmatic pricing environment.Realtor
4. Broader Economic Context
- Nationally, pending home sales dropped 6.3%, and mortgage rates hovered near 6.86% as of May 2025.MarketWatch+1
- Sunbelt cities—like Atlanta—are experiencing a market imbalance, with a flood of listings and lagging buyer demand. This is reminiscent of patterns seen in Austin, Miami, and Phoenix.
- Atlanta experienced its first reported net domestic outmigration in over three decades, though international migration and births continue buffering population growth.
5. Economic Outlook
- Forecasts suggest modest appreciation of 2–4% for Metro Atlanta homes in 2025, with certain areas like Decatur and Kirkwood potentially seeing up to 6% gains.
Summary Table: Metro Atlanta Q2 2025 Home Market
| Metric | Q2 2024 vs Q2 2025 (YoY) | Details |
|---|---|---|
| Inventory | +41% | Sharp rise in active listings |
| New Listings | +10% | More homes entering market |
| Months’ Supply of Inventory | +41% | Increased available supply |
| Closed Sales | –2% | Slight decline in sales volume |
| Days on Market | +43% (avg ~40–43 days) | Homes lingering longer |
| Median Sales Price | Stable, little movement | |
| May Median Price (monthly data) | +0.3% YoY (~$435k) | Modest increase |
| Average Sales Price | +2.5% YoY (~$552k) | Slight upward pressure |
| Market Type | Shifting toward Buyer’s Market | Increased cancellations, concessions |
| Forecasters’ Outlook | +2–4% general, up to +6% local | Modest appreciation expected locally |
What This Means for Atlanta Homeowners
For Sellers:
- Expect more listings to compete—you need strong pricing strategies.
- Homes that are over-priced may remain unsold or need price reductions.
For Buyers:
- It’s a more balanced time—more choices, better chances to negotiate.
- Patience and pre-approval can lead to favorable terms.
For Investors & Analysts:
- Watch micro-regional trends—top-performing areas may deviate from the broader trend.
- Rising inventory and buyer hesitation signal strategic entry points.