Terence Richardson Group at Compass
Book a discovery call

Call or text (678) 785-5275

Atlanta's Housing Market Update

August 2024

35 slides · July 2024 data · FMLS and GAMLS

Arrow keys or the on-screen controls move between slides. Hover any chart to read exact values.

Open fullscreen →

Every finding, in text

What the August 2024 data shows

The same 35 findings as the deck above, written out with the numbers behind them. July 2024 data, from our own FMLS and GAMLS closed-sales archive.

1. Mortgage Rates

30-yr fixed at 6.47%, down 0.43 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
Aug 234.09%7.18%——
Sep 234.59%7.31%——
Oct 234.88%7.79%——
Nov 234.37%7.22%——
Dec 233.88%6.61%——
Jan 243.99%6.69%——
Feb 244.25%6.94%——
Mar 244.2%6.79%——
Apr 244.69%7.17%——
May 244.51%7.03%——
Jun 244.36%6.86%——
Jul 244.09%6.78%——
Aug 243.94%6.47%6.47%3.94%

Source: Freddie Mac PMMS and FRED (DGS10)

2. Median Price

Single family at $420K, up 5.0% from a year ago

Core Atlanta counties, by property type

Median Price: Core Atlanta counties, by property type
MonthSingle FamilyTownhouseCondoMedian PriceMedian PriceMedian Price
Jul 23$400,000$340,000$283,675———
Aug 23$400,000$344,000$285,000———
Sep 23$400,845$345,000$285,000———
Oct 23$404,050$349,990$286,000———
Nov 23$405,000$351,376$287,500———
Dec 23$405,740$355,000$288,000———
Jan 24$408,000$359,000$289,500———
Feb 24$410,000$360,000$289,920———
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$420,000$370,000$295,000

Source: GAMLS, all construction types

3. Median Price, New Construction vs Pre-Owned

New construction at $468K, $58K 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
Jul 23$473,490$390,000——
Aug 23$471,685$390,000——
Sep 23$470,000$390,000——
Oct 23$469,945$394,000——
Nov 23$470,000$395,000——
Dec 23$468,000$396,000——
Jan 24$468,435$399,000——
Feb 24$469,900$400,000——
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$468,193$410,000

Source: GAMLS, single family

4. Median Price by County

Forsyth highest at $625K, Clayton lowest at $250K

Single family, pre-owned, Jul of each year

Median Price by County: Single family, pre-owned, Jul of each year
Area202220232024
Forsyth$535,000$565,000$625,000
Fulton$455,000$474,000$515,000
Fayette$416,000$451,500$487,000
Cherokee$417,000$435,000$470,000
Cobb$408,000$419,900$450,000
Gwinnett$392,000$400,000$424,000
DeKalb$378,700$375,000$375,000
Paulding$335,000$335,900$345,000
Henry$321,000$327,995$330,000
Douglas$305,000$305,000$310,000
Rockdale$295,000$300,000$298,700
Clayton$240,000$250,000$250,000

Source: GAMLS, single family, previously owned

5. Where Prices Are Rising and Cooling

Duluth hottest at +17.5%, Stockbridge coolest at -4.6%

Single family, median price year over year by city, Jul 2024, all construction

Where Prices Are Rising and Cooling: Single family, median price year over year by city, Jul 2024, all construction
ZipWhere Prices Are Rising and CoolingWhere Prices Are Rising and Cooling
Duluth0.2—
Mableton0.2—
Peachtree Corners0.2—
Alpharetta0.1—
Roswell0.1—
Tucker0.1—
Johns Creek0.1—
Canton0.1—
Riverdale0—
Locust Grove0—
Hiram0—
Austell-0—
Fairburn-0—
Atlanta-0—
Hampton-0—
Stockbridge-0—
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

Jul at 8,413, up 18.2% vs Jul 2023

Core Atlanta counties, all property types, by month

New Listings: Core Atlanta counties, all property types, by month
Area202220232024New Listings
Jan6,1065,8676,564—
Feb6,4995,6227,274—
Mar8,2347,1677,904—
Apr8,1726,5238,794—
May9,0047,3899,371—
Jun10,5617,9678,911—
Jul9,2167,1198,4138,413
Aug8,5327,350——
Sep7,9496,902——
Oct6,9066,956——
Nov5,4105,866——
Dec4,2584,090——

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

7. New Listings by County

Fulton highest at 1,175, Rockdale lowest at 131

Single family, pre-owned, Jul of each year

New Listings by County: Single family, pre-owned, Jul of each year
Area202220232024
Fulton1,2279031,175
Gwinnett1,2368981,030
DeKalb832687834
Cobb957724760
Henry490368425
Cherokee451329388
Forsyth383249328
Clayton367299325
Paulding347226278
Douglas240177191
Fayette197151177
Rockdale162119131

Source: GAMLS, single family, previously owned

8. Active Listings

Jul at 15,973, up 57.2% vs Jul 2023

Core Atlanta counties, all property types, by month

Active Listings: Core Atlanta counties, all property types, by month
Area202220232024Active Listings
Jan5,97910,12710,545—
Feb5,4559,29711,293—
Mar5,8179,13311,735—
Apr6,5698,85712,818—
May7,4919,04114,465—
Jun10,2259,93115,560—
Jul11,92810,16415,97315,973
Aug12,25110,603——
Sep13,13511,342——
Oct13,25511,872——
Nov12,67812,043——
Dec11,03010,532——

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

9. Active Listings by County

Fulton highest at 2,341, Rockdale lowest at 251

Single family, pre-owned, Jul of each year

Active Listings by County: Single family, pre-owned, Jul of each year
Area202220232024
Fulton1,6201,4812,341
Gwinnett1,5691,0021,556
DeKalb1,1008791,523
Cobb1,1177041,131
Henry582550886
Clayton400428640
Cherokee511371590
Paulding485310562
Forsyth429238478
Douglas327276432
Fayette215171276
Rockdale202194251

Source: GAMLS, single family, previously owned

10. Pending Listings

Jul at 4,799, down 5.1% vs Jul 2023

Core Atlanta counties, all property types, by month

Pending Listings: Core Atlanta counties, all property types, by month
Area202220232024Pending Listings
Jan5,6274,5314,292—
Feb6,0214,7884,643—
Mar6,9145,6765,468—
Apr6,5315,3305,452—
May6,9695,4885,221—
Jun6,2415,2485,129—
Jul5,6775,0554,7994,799
Aug5,9634,837——
Sep4,7544,118——
Oct4,2404,079——
Nov3,6733,493——
Dec3,2623,177——

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

11. Pending Listings by County

Fulton highest at 648, Rockdale lowest at 62

Single family, pre-owned, Jul of each year

Pending Listings by County: Single family, pre-owned, Jul of each year
Area202220232024
Fulton703595648
Gwinnett784674614
Cobb625574504
DeKalb480474443
Cherokee300274258
Henry263211224
Forsyth274217200
Clayton210178195
Paulding224167149
Fayette146133119
Douglas136111111
Rockdale876362

Source: GAMLS, single family, previously owned

12. Closed Listings

Jul at 5,306, up 7.4% vs Jul 2023

Core Atlanta counties, all property types, by month

Closed Listings: Core Atlanta counties, all property types, by month
Area202220232024Closed Listings
Jan4,4823,0463,121—
Feb5,2904,1023,990—
Mar6,8205,5424,820—
Apr6,5205,0005,234—
May6,9815,7645,713—
Jun7,0505,6994,979—
Jul6,0664,9395,3065,306
Aug6,2225,354——
Sep5,6884,513——
Oct4,8164,256——
Nov4,2483,841——
Dec4,2713,961——

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

13. Closed Listings by County

Gwinnett highest at 686, Rockdale lowest at 77

Single family, pre-owned, Jul of each year

Closed Listings by County: Single family, pre-owned, Jul of each year
Area202220232024
Gwinnett831644686
Fulton736597621
Cobb705565619
DeKalb542422511
Cherokee267261283
Henry278238262
Forsyth272217257
Clayton225157185
Paulding217184178
Fayette152125136
Douglas154126133
Rockdale1108077

Source: GAMLS, single family, previously owned

14. Active to Closed Ratio

12,501 actives, 2.9 for every Jul 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
Jul 238,2183,999——
Aug 238,5704,293——
Sep 239,1013,581——
Oct 239,4953,405——
Nov 239,5323,119——
Dec 238,2943,142——
Jan 248,2562,526——
Feb 248,7483,190——
Mar 249,1173,883——
Apr 249,9834,228——
May 2411,3054,653——
Jun 2412,1764,076——
Jul 2412,5014,34512,5014,345

Source: GAMLS

15. Active to Closed Ratio

1,896 actives, 3.1 for every Jul closing

Townhouse, core Atlanta counties, all construction

Active to Closed Ratio: Townhouse, core Atlanta counties, all construction
MonthActiveClosedActive to Closed RatioActive to Closed Ratio
Jul 231,126562——
Aug 231,154607——
Sep 231,267525——
Oct 231,295524——
Nov 231,381434——
Dec 231,203528——
Jan 241,202371——
Feb 241,361473——
Mar 241,393571——
Apr 241,519602——
May 241,707649——
Jun 241,866542——
Jul 241,8966101,896610

Source: GAMLS

16. Active to Closed Ratio

1,576 actives, 4.5 for every Jul closing

Condo, core Atlanta counties, all construction

Active to Closed Ratio: Condo, core Atlanta counties, all construction
MonthActiveClosedActive to Closed RatioActive to Closed Ratio
Jul 23820378——
Aug 23879454——
Sep 23974407——
Oct 231,082327——
Nov 231,130288——
Dec 231,035291——
Jan 241,087224——
Feb 241,184327——
Mar 241,225366——
Apr 241,316404——
May 241,453411——
Jun 241,518361——
Jul 241,5763511,576351

Source: GAMLS

17. Days on Market

Single family at 13 days, flat 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
Jul 24171413

Source: GAMLS, previously owned

18. Days on Market by County

Douglas highest at 22, Forsyth lowest at 9

Single family, pre-owned, Jul of each year

Source: GAMLS, single family, previously owned

19. Fastest and Slowest-Moving Zips

30022 fastest at 4 days, 30314 slowest at 61

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

Fastest and Slowest-Moving Zips: Single family residences, median days on market of Jul closings, FMLS zip cross-section
ZipFastest and Slowest-Moving ZipsFastest and Slowest-Moving ZipsFastest and Slowest-Moving Zips
300020——
300160——
300210——
300720——
300790——
300920——
300930——
301680——
303450——
303460——
303600——
303630——
305170——
305340——
305480——
306200——
30314—61—
30122—57—
30311—57—
30253—53—
30180—44—
30327—42.5—
30009—42—
30034—40—
30047—6—
30062—6—
30030—5.5—
30005—5—
30068—5—
30076—5—
30022—4—
30033—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 2.4 months, up 0.6 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
Jul 231.81.31.7———
Aug 231.81.41.8———
Sep 231.81.41.8———
Oct 231.81.51.9———
Nov 231.81.52———
Dec 231.91.52.1———
Jan 241.91.62.2———
Feb 241.91.72.3———
Mar 2421.72.5———
Apr 242.11.82.6———
May 242.222.8———
Jun 242.32.13———
Jul 242.42.23.23.22.42.2

Source: GAMLS, previously owned

21. Months of Supply by County

Fulton highest at 3.4, Cobb lowest at 1.7

Single family, pre-owned, Jul of each year

Months of Supply by County: Single family, pre-owned, Jul of each year
Area202220232024
Fulton1.32.33.4
Henry1.12.13.2
Rockdale1.32.23.2
Clayton1.123
Douglas1.22.13
DeKalb1.21.92.6
Paulding11.92.6
Fayette0.91.52.1
Cherokee11.51.9
Gwinnett0.91.61.8
Cobb0.91.31.7
Forsyth0.81.21.7

Source: GAMLS, single family, previously owned

25. Pending Ratio

Single family at 33.1%, down 22.5 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
Jul 230.560.660.56———
Aug 230.490.610.53———
Sep 230.40.490.35———
Oct 230.390.460.3———
Nov 230.320.350.26———
Dec 230.340.410.23———
Jan 240.440.510.35———
Feb 240.450.490.31———
Mar 240.520.580.37———
Apr 240.480.490.3———
May 240.410.380.27———
Jun 240.360.380.24———
Jul 240.330.340.230.340.330.23

Source: GAMLS, previously owned

26. Pending Ratio by County

Cobb highest at 44.6%, Rockdale lowest at 24.7%

Single family, pre-owned, Jul of each year

Pending Ratio by County: Single family, pre-owned, Jul of each year
Area202220232024
Cobb0.560.820.45
Cherokee0.590.740.44
Fayette0.680.780.43
Forsyth0.640.910.42
Gwinnett0.50.670.39
Clayton0.530.420.3
DeKalb0.440.540.29
Fulton0.430.40.28
Paulding0.460.540.27
Douglas0.420.40.26
Henry0.450.380.25
Rockdale0.430.320.25

Source: GAMLS, single family, previously owned

27. List to Sales Ratio

Single family at 98.8%, down 0.1 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
Jul 230.990.990.99———
Aug 230.990.990.99———
Sep 230.990.990.99———
Oct 230.990.990.99———
Nov 230.990.990.99———
Dec 230.990.990.99———
Jan 240.990.990.99———
Feb 240.990.990.99———
Mar 240.990.990.99———
Apr 240.990.990.99———
May 240.990.990.99———
Jun 240.990.990.98———
Jul 240.990.990.980.990.990.98

Source: GAMLS, previously owned

28. List to Sales Ratio by County

Cobb highest at 99.3%, Clayton lowest at 98.0%

Single family, pre-owned, Jul of each year

List to Sales Ratio by County: Single family, pre-owned, Jul of each year
Area202220232024
Cobb1.020.990.99
Forsyth1.030.990.99
Gwinnett1.020.990.99
Cherokee1.020.990.99
DeKalb1.010.990.99
Paulding1.020.990.99
Henry1.020.990.99
Fayette1.010.990.99
Douglas1.010.990.98
Fulton1.010.990.98
Clayton1.020.990.98
Rockdale1.010.980.98

Source: GAMLS, single family, previously owned

29. Dollar Volume

Combined at $2.7B, up 13.2% 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
Jul 23$2.39B$2.10B$284.1M———
Aug 23$2.61B$2.29B$314.3M———
Sep 23$2.14B$1.82B$323.8M———
Oct 23$2.04B$1.73B$313.5M———
Nov 23$1.81B$1.54B$271.7M———
Dec 23$1.86B$1.54B$323.6M———
Jan 24$1.42B$1.18B$234.9M———
Feb 24$1.88B$1.57B$312.4M———
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$2.70B$2.40B$306.6M

Source: GAMLS, monthly closed volume

30. Dollar Volume, Pre-Owned

Single family at $2.1B, up 15.0% 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
Jul 23$1.81B$169.0M$125.3M———
Aug 23$1.94B$201.4M$149.9M———
Sep 23$1.53B$160.1M$124.9M———
Oct 23$1.47B$156.8M$104.4M———
Nov 23$1.31B$134.4M$97.4M———
Dec 23$1.30B$138.1M$99.2M———
Jan 24$1.00B$107.1M$74.9M———
Feb 24$1.32B$142.1M$100.5M———
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$2.08B$200.1M$116.0M

Source: GAMLS, previously owned

31. Dollar Volume by County

Fulton highest at $434.0M, Rockdale lowest at $24.3M

Single family, pre-owned, Jul of each year

Dollar Volume by County: Single family, pre-owned, Jul of each year
Area202220232024
Fulton$490.3M$390.1M$434.0M
Gwinnett$388.9M$304.2M$347.8M
Cobb$365.3M$284.3M$340.0M
DeKalb$262.0M$209.4M$254.8M
Forsyth$170.8M$147.9M$175.6M
Cherokee$133.7M$136.4M$157.8M
Henry$101.0M$88.1M$96.3M
Fayette$82.6M$65.6M$83.5M
Paulding$83.1M$71.5M$69.1M
Clayton$62.5M$41.3M$51.4M
Douglas$52.2M$43.4M$45.6M
Rockdale$37.7M$26.6M$24.3M

Source: GAMLS, single family, previously owned

32. Showings vs Actives vs Pendings

Jul showings at 40,085, up 15.8% vs Jul 2023

Jul of each year, all property types

Showings vs Actives vs Pendings: Jul of each year, all property types
AreaShowingsActivesPendingsShowings vs Actives vs PendingsShowings vs Actives vs PendingsShowings vs Actives vs Pendings
202052,74713,7728,263———
202147,1098,8397,383———
202239,61911,9285,677———
202334,62410,1645,055———
202440,08515,9734,79940,08515,9734,799

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

33. Showings by County

Fulton led with 8,432 Jul showings

Jul of each year, all property types

Showings by County: Jul of each year, all property types
Area202220232024
Fulton7,3536,4028,432
DeKalb4,2674,4365,509
Gwinnett5,6974,4894,785
Henry4,3844,1404,486
Clayton3,0072,9603,145
Cobb3,4862,7182,983
Fayette1,9701,5661,625
Douglas1,2711,2631,356
Cherokee1,3011,2111,189
Paulding1,252883.51,156
Rockdale1,3471,2721,115
Forsyth1,250656.1900.9

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

34. Showings

2.9 showings per listing, 7.1 to go pending in Jul

Single family, pre-owned, core Atlanta counties

Showings: Single family, pre-owned, core Atlanta counties
MonthShowings to PendingShowings per ListingShowingsShowings
Jul 237.83.8——
Aug 237.43.5——
Sep 237.22.7——
Oct 237.42.9——
Nov 236.82.4——
Dec 237.52.6——
Jan 247.73.4——
Feb 247.63.6——
Mar 247.93.9——
Apr 247.73.5——
May 2473——
Jun 246.72.8——
Jul 247.12.97.12.9

Source: ShowingTime via GAMLS, previously owned

35. Showings per Listing by County

Fayette highest at 5.1, Cherokee lowest at 1.4

Single family, pre-owned, Jul of each year

Showings per Listing by County: Single family, pre-owned, Jul of each year
Area202220232024
Fayette7.17.25.1
Clayton65.84.4
Henry5.95.94.1
Rockdale5.64.83.3
DeKalb2.93.52.7
Douglas3.63.62.6
Fulton2.72.52.5
Gwinnett33.32.4
Cobb2.42.52
Paulding2.12.11.7
Forsyth2.52.21.6
Cherokee1.72.31.4

Source: GAMLS, single family, previously owned

36. Showings to Pending by County

Henry highest at 12.7, Cherokee lowest at 2.9

Single family, pre-owned, Jul of each year

Showings to Pending by County: Single family, pre-owned, Jul of each year
Area202220232024
Henry11.613.612.7
Clayton11.913.112.1
Fayette13.412.611.7
Rockdale10.611.28.5
DeKalb5.37.97.6
Douglas6.57.86.6
Fulton5.76.25.9
Gwinnett4.66.65.8
Cobb3.85.14.1
Paulding3.64.33.9
Forsyth4.23.53.3
Cherokee2.74.42.9

Source: GAMLS, single family, previously owned

37. Showings

1.8 showings per listing, 4.3 to go pending in Jul

Townhouse, pre-owned, core Atlanta counties

Showings: Townhouse, pre-owned, core Atlanta counties
MonthShowings to PendingShowings per ListingShowingsShowings
Jul 235.93.1——
Aug 236.22.9——
Sep 234.42——
Oct 234.92.2——
Nov 234.71.9——
Dec 235.31.8——
Jan 245.12.2——
Feb 244.42.4——
Mar 245.22.6——
Apr 244.72.3——
May 245.42.1——
Jun 244.21.8——
Jul 244.31.84.31.8

Source: ShowingTime via GAMLS, previously owned

38. Showings

1.3 showings per listing, 4.1 to go pending in Jul

Condo, pre-owned, core Atlanta counties

Showings: Condo, pre-owned, core Atlanta counties
MonthShowings to PendingShowings per ListingShowingsShowings
Jul 234.12.4——
Aug 2352.7——
Sep 2351.7——
Oct 234.11.6——
Nov 233.91.6——
Dec 2361.6——
Jan 243.91.8——
Feb 243.91.6——
Mar 244.11.8——
Apr 244.21.8——
May 244.51.7——
Jun 244.21.4——
Jul 244.11.34.11.3

Source: ShowingTime via GAMLS, previously owned

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