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Atlanta's Housing Market Update

April 2025

35 slides · March 2025 data · FMLS and GAMLS

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Every finding, in text

What the April 2025 data shows

The same 35 findings as the deck above, written out with the numbers behind them. March 2025 data, from our own FMLS and GAMLS closed-sales archive.

1. Mortgage Rates

30-yr fixed at 6.62%, down 0.20 pts from a year ago

30-year fixed vs the 10-year Treasury, weekly

Mortgage Rates: 30-year fixed vs the 10-year Treasury, weekly
Month10-Yr Treasury30-Yr FixedMortgage RatesMortgage Rates
Apr 244.69%7.17%——
May 244.51%7.03%——
Jun 244.36%6.86%——
Jul 244.09%6.78%——
Aug 243.91%6.35%——
Sep 243.81%6.08%——
Oct 244.28%6.72%——
Nov 244.18%6.81%——
Dec 244.58%6.85%——
Jan 254.58%6.95%——
Feb 254.24%6.76%——
Mar 254.23%6.65%——
Apr 254.4%6.62%6.62%4.4%

Source: Freddie Mac PMMS and FRED (DGS10)

2. Median Price

Single family at $420K, up 1.4% from a year ago

Core Atlanta counties, by property type

Median Price: Core Atlanta counties, by property type
MonthSingle FamilyTownhouseCondoMedian PriceMedian PriceMedian Price
Mar 24$414,000$365,000$292,000———
Apr 24$415,000$365,000$295,000———
May 24$415,900$365,627$295,000———
Jun 24$419,900$369,000$295,000———
Jul 24$420,000$370,000$295,000———
Aug 24$420,000$368,000$296,750———
Sep 24$420,000$370,000$297,000———
Oct 24$420,000$370,000$298,000———
Nov 24$420,000$370,000$298,000———
Dec 24$420,000$375,000$299,000———
Jan 25$420,000$375,000$297,500———
Feb 25$420,000$376,000$299,000———
Mar 25$420,000$375,000$299,000$420,000$375,000$299,000

Source: GAMLS, all construction types

3. Median Price, New Construction vs Pre-Owned

New construction at $463K, $51K above pre-owned

Single family, core Atlanta counties

Median Price, New Construction vs Pre-Owned: Single family, core Atlanta counties
MonthNew ConstructionPre-OwnedMedian Price, New Construction vs Pre-OwnedMedian Price, New Construction vs Pre-Owned
Mar 24$469,990$400,000——
Apr 24$471,520$402,000——
May 24$469,465$405,000——
Jun 24$467,483$408,000——
Jul 24$468,193$410,000——
Aug 24$468,435$410,000——
Sep 24$468,210$410,000——
Oct 24$466,980$410,000——
Nov 24$468,498$410,000——
Dec 24$466,240$411,000——
Jan 25$466,305$412,000——
Feb 25$465,083$411,056——
Mar 25$463,340$412,000$463,340$412,000

Source: GAMLS, single family

4. Median Price by County

Forsyth highest at $625K, Clayton lowest at $249K

Single family, pre-owned, Mar of each year

Median Price by County: Single family, pre-owned, Mar of each year
Area202320242025
Forsyth$570,000$610,000$625,000
Fulton$477,000$500,000$505,000
Fayette$443,500$480,000$500,000
Cherokee$435,000$459,900$479,900
Cobb$420,000$435,000$455,000
Gwinnett$405,000$412,000$429,000
DeKalb$385,000$375,000$365,000
Paulding$345,000$340,500$347,000
Henry$335,000$330,000$325,000
Douglas$310,450$311,000$307,700
Rockdale$309,000$297,845$299,900
Clayton$253,000$250,000$249,000

Source: GAMLS, single family, previously owned

5. Where Prices Are Rising and Cooling

Milton hottest at +13.9%, Forest Park coolest at -7.5%

Single family, median price year over year by city, Mar 2025, all construction

Where Prices Are Rising and Cooling: Single family, median price year over year by city, Mar 2025, all construction
ZipWhere Prices Are Rising and CoolingWhere Prices Are Rising and Cooling
Milton0.1—
Waleska0.1—
Johns Creek0.1—
Auburn0.1—
Smyrna0.1—
Duluth0.1—
Mableton0.1—
Suwanee0.1—
Fairburn-0—
Villa Rica-0—
South Fulton-0—
Riverdale-0—
McDonough-0—
Decatur-0—
East Point-0.1—
Forest Park-0.1—
Cherokee—0
Clayton—0
Cobb—0
DeKalb—0
Douglas—0
Fayette—0
Forsyth—0
Fulton—0
Gwinnett—0
Henry—0
Paulding—0
Rockdale—0

Source: GAMLS, single family, all construction types. Unincorporated areas and cities with fewer than 10 closings in either compared month not shown

6. New Listings

Mar at 9,463, up 19.7% vs Mar 2024

Core Atlanta counties, all property types, by month

New Listings: Core Atlanta counties, all property types, by month
Area202320242025New Listings
Jan5,8676,5647,824—
Feb5,6227,2747,830—
Mar7,1677,9049,4639,463
Apr6,5238,794——
May7,3899,371——
Jun7,9678,911——
Jul7,1198,413——
Aug7,3508,814——
Sep6,9027,821——
Oct6,9568,312——
Nov5,8666,290——
Dec4,0905,169——

Source: GAMLS, monthly totals (SF + TH + Condo)

7. New Listings by County

Fulton highest at 1,257, Rockdale lowest at 125

Single family, pre-owned, Mar of each year

New Listings by County: Single family, pre-owned, Mar of each year
Area202320242025
Fulton9491,1341,257
Gwinnett8068881,040
DeKalb7217141,013
Cobb749663901
Henry360410465
Cherokee337357412
Forsyth245311374
Clayton266305310
Paulding214272306
Fayette156169225
Douglas184197199
Rockdale119111125

Source: GAMLS, single family, previously owned

8. Active Listings

Mar at 17,273, up 47.2% vs Mar 2024

Core Atlanta counties, all property types, by month

Active Listings: Core Atlanta counties, all property types, by month
Area202320242025Active Listings
Jan10,12710,54515,862—
Feb9,29711,29316,431—
Mar9,13311,73517,27317,273
Apr8,85712,818——
May9,04114,465——
Jun9,93115,560——
Jul10,16415,973——
Aug10,60316,789——
Sep11,34217,037——
Oct11,87217,450——
Nov12,04316,844——
Dec10,53214,835——

Source: GAMLS, monthly totals (SF + TH + Condo)

9. Active Listings by County

Fulton highest at 2,431, Rockdale lowest at 278

Single family, pre-owned, Mar of each year

Active Listings by County: Single family, pre-owned, Mar of each year
Area202320242025
Fulton1,2861,7562,431
DeKalb8311,0261,817
Gwinnett8299561,536
Cobb6657111,174
Henry460690930
Clayton392543658
Cherokee282395568
Paulding276404537
Forsyth181250463
Douglas245331452
Fayette140203311
Rockdale182206278

Source: GAMLS, single family, previously owned

10. Pending Listings

Mar at 5,521, up 1.0% vs Mar 2024

Core Atlanta counties, all property types, by month

Pending Listings: Core Atlanta counties, all property types, by month
Area202320242025Pending Listings
Jan4,5314,2923,826—
Feb4,7884,6434,523—
Mar5,6765,4685,5215,521
Apr5,3305,452——
May5,4885,221——
Jun5,2485,129——
Jul5,0554,799——
Aug4,8374,629——
Sep4,1184,267——
Oct4,0794,459——
Nov3,4933,936——
Dec3,1773,256——

Source: GAMLS, monthly totals (SF + TH + Condo)

11. Pending Listings by County

Fulton highest at 712, Rockdale lowest at 75

Single family, pre-owned, Mar of each year

Pending Listings by County: Single family, pre-owned, Mar of each year
Area202320242025
Fulton631697712
Gwinnett719643681
Cobb581538589
DeKalb541531578
Cherokee260298284
Henry280224259
Forsyth196246238
Clayton203206201
Paulding236214197
Fayette130120135
Douglas171120124
Rockdale887775

Source: GAMLS, single family, previously owned

12. Closed Listings

Mar at 4,624, down 4.1% vs Mar 2024

Core Atlanta counties, all property types, by month

Closed Listings: Core Atlanta counties, all property types, by month
Area202320242025Closed Listings
Jan3,0463,1213,161—
Feb4,1023,9903,732—
Mar5,5424,8204,6244,624
Apr5,0005,234——
May5,7645,713——
Jun5,6994,979——
Jul4,9395,306——
Aug5,3544,875——
Sep4,5134,313——
Oct4,2564,571——
Nov3,8414,001——
Dec3,9614,506——

Source: GAMLS, monthly totals (SF + TH + Condo)

13. Closed Listings by County

Fulton highest at 595, Rockdale lowest at 64

Single family, pre-owned, Mar of each year

Closed Listings by County: Single family, pre-owned, Mar of each year
Area202320242025
Fulton580632595
Gwinnett749566578
Cobb559452458
DeKalb530460455
Cherokee246255247
Henry243192205
Paulding217189180
Clayton224193171
Forsyth214186165
Douglas142110102
Fayette1188285
Rockdale826364

Source: GAMLS, single family, previously owned

14. Active to Closed Ratio

13,094 actives, 3.5 for every Mar closing

Single family, core Atlanta counties, all construction

Active to Closed Ratio: Single family, core Atlanta counties, all construction
MonthActiveClosedActive to Closed RatioActive to Closed Ratio
Mar 249,1173,883——
Apr 249,9834,228——
May 2411,3054,653——
Jun 2412,1764,076——
Jul 2412,5014,345——
Aug 2413,1733,893——
Sep 2413,1583,555——
Oct 2413,4863,760——
Nov 2412,9983,252——
Dec 2411,4903,686——
Jan 2512,1932,547——
Feb 2512,4233,023——
Mar 2513,0943,71713,0943,717

Source: GAMLS

15. Active to Closed Ratio

2,236 actives, 3.8 for every Mar closing

Townhouse, core Atlanta counties, all construction

Active to Closed Ratio: Townhouse, core Atlanta counties, all construction
MonthActiveClosedActive to Closed RatioActive to Closed Ratio
Mar 241,393571——
Apr 241,519602——
May 241,707649——
Jun 241,866542——
Jul 241,896610——
Aug 241,982595——
Sep 242,188488——
Oct 242,220501——
Nov 242,122484——
Dec 241,866546——
Jan 252,053387——
Feb 252,191447——
Mar 252,2365902,236590

Source: GAMLS

16. Active to Closed Ratio

1,943 actives, 6.1 for every Mar closing

Condo, core Atlanta counties, all construction

Active to Closed Ratio: Condo, core Atlanta counties, all construction
MonthActiveClosedActive to Closed RatioActive to Closed Ratio
Mar 241,225366——
Apr 241,316404——
May 241,453411——
Jun 241,518361——
Jul 241,576351——
Aug 241,634387——
Sep 241,691270——
Oct 241,744310——
Nov 241,724265——
Dec 241,479274——
Jan 251,616227——
Feb 251,817262——
Mar 251,9433171,943317

Source: GAMLS

17. Days on Market

Single family at 22 days, up 10 days from a year ago

Pre-owned, core Atlanta counties, by property type

Days on Market: Pre-owned, core Atlanta counties, by property type
MonthDays on MarketDays on MarketDays on Market
Mar 25332622

Source: GAMLS, previously owned

18. Days on Market by County

Douglas highest at 32, Fayette lowest at 14

Single family, pre-owned, Mar of each year

Source: GAMLS, single family, previously owned

19. Fastest and Slowest-Moving Zips

30067 fastest at 4 days, 30180 slowest at 115

Single family residences, median days on market of Mar closings, FMLS zip cross-section

Fastest and Slowest-Moving Zips: Single family residences, median days on market of Mar closings, FMLS zip cross-section
ZipFastest and Slowest-Moving ZipsFastest and Slowest-Moving ZipsFastest and Slowest-Moving Zips
300020——
300050——
300110——
300160——
300210——
300720——
300790——
301680——
303460——
303500——
303600——
303630——
305170——
305340——
305480——
306200——
30180—115—
30012—112—
30248—101.5—
30107—98—
30082—95—
30252—91—
30179—80—
30310—77.5—
30097—6—
30328—6—
30342—5—
30307—4.5—
30338—4.5—
30067—4—
30305—4—
30306—4—
Cherokee——0
Clayton——0
Cobb——0
DeKalb——0
Douglas——0
Fayette——0
Forsyth——0
Fulton——0
Gwinnett——0
Henry——0
Paulding——0
Rockdale——0

Source: FMLS, point-in-time. Zips with fewer than 10 closings shown gray

20. Months of Supply

Single family at 3.2 months, up 1.2 months from a year ago

Pre-owned, core Atlanta counties, by property type

Months of Supply: Pre-owned, core Atlanta counties, by property type
MonthSingle FamilyTownhouseCondoMonths of SupplyMonths of SupplyMonths of Supply
Mar 2421.72.5———
Apr 242.11.82.6———
May 242.222.8———
Jun 242.32.13———
Jul 242.42.23.2———
Aug 242.52.43.4———
Sep 242.62.53.6———
Oct 242.72.73.8———
Nov 242.82.84———
Dec 242.92.94.1———
Jan 2533.14.3———
Feb 253.13.24.5———
Mar 253.23.44.74.73.43.2

Source: GAMLS, previously owned

21. Months of Supply by County

Henry highest at 4.5, Cobb lowest at 2.3

Single family, pre-owned, Mar of each year

Months of Supply by County: Single family, pre-owned, Mar of each year
Area202320242025
Henry1.82.64.5
Fulton22.94
Rockdale22.84
Douglas1.92.53.9
Clayton1.82.63.7
DeKalb1.82.13.4
Paulding1.823.3
Fayette1.41.72.7
Gwinnett1.61.52.5
Cherokee1.41.62.4
Forsyth1.21.32.4
Cobb1.31.42.3

Source: GAMLS, single family, previously owned

25. Pending Ratio

Single family at 36.5%, down 15.9 pts from a year ago

Pre-owned, core Atlanta counties, by property type

Pending Ratio: Pre-owned, core Atlanta counties, by property type
MonthSingle FamilyTownhouseCondoPending RatioPending RatioPending Ratio
Mar 240.520.580.37———
Apr 240.480.490.3———
May 240.410.380.27———
Jun 240.360.380.24———
Jul 240.330.340.23———
Aug 240.30.280.21———
Sep 240.280.220.18———
Oct 240.290.240.17———
Nov 240.260.210.14———
Dec 240.240.220.14———
Jan 250.270.240.19———
Feb 250.310.270.16———
Mar 250.370.290.190.370.290.19

Source: GAMLS, previously owned

26. Pending Ratio by County

Forsyth highest at 51.4%, Rockdale lowest at 27.0%

Single family, pre-owned, Mar of each year

Pending Ratio by County: Single family, pre-owned, Mar of each year
Area202320242025
Forsyth1.080.980.51
Cobb0.870.760.5
Cherokee0.920.750.5
Gwinnett0.870.670.44
Fayette0.930.590.43
Paulding0.860.530.37
DeKalb0.650.520.32
Clayton0.520.380.31
Fulton0.490.40.29
Henry0.610.320.28
Douglas0.70.360.27
Rockdale0.480.370.27

Source: GAMLS, single family, previously owned

27. List to Sales Ratio

Single family at 98.5%, down 0.6 pts from a year ago

Pre-owned, core Atlanta counties, by property type

List to Sales Ratio: Pre-owned, core Atlanta counties, by property type
MonthSingle FamilyTownhouseCondoList to Sales RatioList to Sales RatioList to Sales Ratio
Mar 240.990.990.99———
Apr 240.990.990.99———
May 240.990.990.99———
Jun 240.990.990.98———
Jul 240.990.990.98———
Aug 240.990.990.98———
Sep 240.990.990.98———
Oct 240.990.990.98———
Nov 240.990.990.98———
Dec 240.990.990.98———
Jan 250.990.990.98———
Feb 250.990.990.98———
Mar 250.990.990.980.990.990.98

Source: GAMLS, previously owned

28. List to Sales Ratio by County

Cobb highest at 98.8%, Clayton lowest at 97.7%

Single family, pre-owned, Mar of each year

List to Sales Ratio by County: Single family, pre-owned, Mar of each year
Area202320242025
Cobb1.0110.99
Gwinnett10.990.99
Forsyth1.0110.99
Cherokee10.990.99
DeKalb10.990.99
Henry10.990.99
Paulding10.990.99
Fayette10.990.98
Douglas10.990.98
Fulton10.990.98
Rockdale0.990.980.98
Clayton10.980.98

Source: GAMLS, single family, previously owned

29. Dollar Volume

Combined at $2.3B, down 3.5% from a year ago

Closed volume, core Atlanta counties, all property types

Dollar Volume: Closed volume, core Atlanta counties, all property types
MonthCombinedPre-OwnedNew ConstructionDollar VolumeDollar VolumeDollar Volume
Mar 24$2.39B$2.02B$372.6M———
Apr 24$2.62B$2.28B$336.5M———
May 24$2.90B$2.55B$353.0M———
Jun 24$2.63B$2.31B$317.1M———
Jul 24$2.70B$2.40B$306.6M———
Aug 24$2.38B$2.08B$295.5M———
Sep 24$2.14B$1.82B$321.1M———
Oct 24$2.23B$1.94B$287.3M———
Nov 24$1.96B$1.68B$281.7M———
Dec 24$2.22B$1.88B$342.5M———
Jan 25$1.50B$1.25B$247.3M———
Feb 25$1.81B$1.53B$277.6M———
Mar 25$2.31B$1.98B$332.1M$2.31B$1.98B$332.1M

Source: GAMLS, monthly closed volume

30. Dollar Volume, Pre-Owned

Single family at $1.7B, down 1.3% from a year ago

Pre-owned, core Atlanta counties, by property type

Dollar Volume, Pre-Owned: Pre-owned, core Atlanta counties, by property type
MonthSingle FamilyTownhouseCondoDollar Volume, Pre-OwnedDollar Volume, Pre-OwnedDollar Volume, Pre-Owned
Mar 24$1.71B$196.3M$115.8M———
Apr 24$1.95B$191.7M$141.9M———
May 24$2.20B$219.1M$129.9M———
Jun 24$2.02B$178.7M$118.4M———
Jul 24$2.08B$200.1M$116.0M———
Aug 24$1.78B$180.6M$120.3M———
Sep 24$1.59B$146.0M$86.4M———
Oct 24$1.68B$150.7M$108.7M———
Nov 24$1.45B$139.9M$87.3M———
Dec 24$1.63B$160.9M$88.0M———
Jan 25$1.06B$121.1M$70.8M———
Feb 25$1.32B$135.3M$83.5M———
Mar 25$1.69B$180.0M$111.5M$1.69B$180.0M$111.5M

Source: GAMLS, previously owned

31. Dollar Volume by County

Fulton highest at $410.8M, Rockdale lowest at $21.9M

Single family, pre-owned, Mar of each year

Dollar Volume by County: Single family, pre-owned, Mar of each year
Area202320242025
Fulton$360.3M$432.1M$410.8M
Gwinnett$327.5M$269.8M$288.4M
Cobb$258.8M$231.0M$250.0M
DeKalb$230.8M$215.5M$219.7M
Cherokee$119.4M$140.8M$132.2M
Forsyth$130.6M$131.1M$106.3M
Henry$82.2M$67.6M$71.3M
Paulding$77.9M$68.9M$64.3M
Fayette$58.7M$42.8M$44.5M
Clayton$58.7M$48.3M$43.0M
Douglas$43.8M$40.5M$34.1M
Rockdale$25.7M$20.8M$21.9M

Source: GAMLS, single family, previously owned

32. Showings vs Actives vs Pendings

Mar showings at 48,228, up 22.8% vs Mar 2024

Mar of each year, all property types

Showings vs Actives vs Pendings: Mar of each year, all property types
AreaShowingsActivesPendingsShowings vs Actives vs PendingsShowings vs Actives vs PendingsShowings vs Actives vs Pendings
202045,36917,2026,047———
202139,2896,7897,882———
202236,2575,8176,914———
202337,8049,1335,676———
202439,28111,7355,468———
202548,22817,2735,52148,22817,2735,521

Source: ShowingTime via GAMLS. Showings = showings per listing x active listings

33. Showings by County

Fulton led with 10,262 Mar showings

Mar of each year, all property types

Showings by County: Mar of each year, all property types
Area202320242025
Fulton6,8518,12710,262
DeKalb5,0485,1687,336
Henry4,8564,7755,316
Gwinnett4,5304,0445,242
Cobb2,7912,9714,164
Clayton3,2953,6433,413
Fayette1,6701,9102,019
Paulding1,2731,2911,995
Douglas1,2801,6101,776
Forsyth883.7799.61,711
Cherokee1,0681,2861,656
Rockdale1,3481,4121,235

Source: ShowingTime via GAMLS. Showings = showings per listing x active listings

34. Showings

3.3 showings per listing, 8.1 to go pending in Mar

Single family, pre-owned, core Atlanta counties

Showings: Single family, pre-owned, core Atlanta counties
MonthShowings to PendingShowings per ListingShowingsShowings
Mar 247.93.9——
Apr 247.73.5——
May 2473——
Jun 246.72.8——
Jul 247.12.9——
Aug 247.32.7——
Sep 247.12.6——
Oct 247.52.7——
Nov 248.42.6——
Dec 248.32.4——
Jan 258.72.9——
Feb 258.52.9——
Mar 258.13.38.13.3

Source: ShowingTime via GAMLS, previously owned

35. Showings per Listing by County

Fayette highest at 5.2, Cherokee lowest at 2.1

Single family, pre-owned, Mar of each year

Showings per Listing by County: Single family, pre-owned, Mar of each year
Area202320242025
Fayette8.57.65.2
Henry7.85.24.5
Clayton75.64.4
DeKalb4.13.73.3
Douglas4.34.23.3
Rockdale5.94.83.3
Paulding3.32.63.1
Cobb2.93.12.8
Forsyth3.52.72.8
Fulton3.22.92.8
Gwinnett3.93.32.6
Cherokee2.32.42.1

Source: GAMLS, single family, previously owned

36. Showings to Pending by County

Clayton highest at 13.2, Cherokee lowest at 4.2

Single family, pre-owned, Mar of each year

Showings to Pending by County: Single family, pre-owned, Mar of each year
Area202320242025
Clayton13.413.813.2
Henry15.212.513.2
Douglas9.99.911.3
Fayette13.616.210.8
Rockdale11.210.79.6
DeKalb7.97.78.9
Fulton6.25.57.8
Gwinnett6.86.76.2
Forsyth4.34.15.5
Paulding6.24.55.1
Cobb54.14.6
Cherokee3.94.44.2

Source: GAMLS, single family, previously owned

37. Showings

1.8 showings per listing, 4.7 to go pending in Mar

Townhouse, pre-owned, core Atlanta counties

Showings: Townhouse, pre-owned, core Atlanta counties
MonthShowings to PendingShowings per ListingShowingsShowings
Mar 245.22.6——
Apr 244.72.3——
May 245.42.1——
Jun 244.21.8——
Jul 244.31.8——
Aug 243.91.7——
Sep 243.91.4——
Oct 244.51.5——
Nov 243.71.4——
Dec 244.61.3——
Jan 253.71.8——
Feb 254.51.7——
Mar 254.71.84.71.8

Source: ShowingTime via GAMLS, previously owned

38. Showings

1.3 showings per listing, 3.6 to go pending in Mar

Condo, pre-owned, core Atlanta counties

Showings: Condo, pre-owned, core Atlanta counties
MonthShowings to PendingShowings per ListingShowingsShowings
Mar 244.11.8——
Apr 244.21.8——
May 244.51.7——
Jun 244.21.4——
Jul 244.11.3——
Aug 244.11.4——
Sep 244.41.2——
Oct 243.61.3——
Nov 243.41.1——
Dec 244.11.2——
Jan 254.91.3——
Feb 253.31.2——
Mar 253.61.33.61.3

Source: ShowingTime via GAMLS, previously owned

Figures compiled by the Terence Richardson Group from FMLS and GAMLS closed sales. How these numbers are built.