Market Briefs

Atlanta REALTORS® Market Brief: November 2024

December 18, 2024

November Highlights

The November 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: November residential sales were at 3,819, an increase of 1.2% from the previous year.

Price: Average and median sales prices continue to outpace 2023’s figures, with positive gains. The median sales price in November was $416,000, an increase of 1.0% from last November. The average sales price was $517,500, up 3.5% from the previous year.

Supply: Atlanta area housing inventory totaled 16,241 units in November, an increase of 39.6% from November 2023. New listings totaled 5,641, up 4.7% from November 2023 and down 27.1% from the previous month. The month’s supply over 12 months decreased to 3.6 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 PCBR Market Brief

The Pickens County Board of REALTORS® (PCBR)  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 Pickens County Board of REALTORS®

The Pickens County Board serves as a central source of information for our members and our main focus are real estate education, the promotion of professionalism in our industry and representing our REALTOR® members with legislative initiatives to create positive change for the real estate community. Throughout its history, the Pickens County Board has exerted its influence in civic affairs in its capacity of representing a substantial segment of the business community across the Pickens area. The Board has contributed to various charities over the years by hosting fundraisers.

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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