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Atlanta's Housing Market Update

January 2025

35 slides · December 2024 data · FMLS and GAMLS

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Every finding, in text

What the January 2025 data shows

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

1. Mortgage Rates

30-yr fixed at 6.93%, up 0.31 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
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 243.91%6.35%——
Sep 243.81%6.08%——
Oct 244.28%6.72%——
Nov 244.18%6.81%——
Dec 244.58%6.85%——
Jan 254.77%6.93%6.93%4.77%

Source: Freddie Mac PMMS and FRED (DGS10)

2. Median Price

Single family at $420K, up 3.5% from a year ago

Core Atlanta counties, by property type

Median Price: Core Atlanta counties, by property type
MonthSingle FamilyTownhouseCondoMedian PriceMedian PriceMedian Price
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———
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$420,000$375,000$299,000

Source: GAMLS, all construction types

3. Median Price, New Construction vs Pre-Owned

New construction at $466K, $55K 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
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——
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$466,240$411,000

Source: GAMLS, single family

4. Median Price by County

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

Single family, pre-owned, Dec of each year

Median Price by County: Single family, pre-owned, Dec of each year
Area202220232024
Forsyth$570,000$590,000$625,000
Fulton$470,000$490,000$507,750
Fayette$435,000$471,000$499,000
Cherokee$433,000$450,000$475,000
Cobb$420,000$429,900$454,000
Gwinnett$406,000$405,000$425,600
DeKalb$390,000$374,900$368,000
Paulding$349,000$338,532$349,000
Henry$336,000$328,000$327,000
Douglas$315,000$305,000$310,000
Rockdale$309,500$291,000$300,000
Clayton$252,000$250,000$250,000

Source: GAMLS, single family, previously owned

5. Where Prices Are Rising and Cooling

Johns Creek hottest at +13.3%, East Point coolest at -7.5%

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

Where Prices Are Rising and Cooling: Single family, median price year over year by city, Dec 2024, all construction
ZipWhere Prices Are Rising and CoolingWhere Prices Are Rising and Cooling
Johns Creek0.1—
Duluth0.1—
Waleska0.1—
Mableton0.1—
Milton0.1—
Smyrna0.1—
Alpharetta0.1—
Buford0.1—
McDonough-0—
Hampton-0—
Fairburn-0—
Forest Park-0—
Riverdale-0—
Ball Ground-0—
South Fulton-0—
East Point-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

Dec at 5,169, up 26.4% vs Dec 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—
Jul9,2167,1198,413—
Aug8,5327,3508,814—
Sep7,9496,9027,821—
Oct6,9066,9568,312—
Nov5,4105,8666,290—
Dec4,2584,0905,1695,169

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

7. New Listings by County

Fulton highest at 687, Rockdale lowest at 79

Single family, pre-owned, Dec of each year

New Listings by County: Single family, pre-owned, Dec of each year
Area202220232024
Fulton509518687
DeKalb409424594
Gwinnett489441531
Cobb357346384
Henry253228277
Clayton213192228
Cherokee141143184
Paulding157135144
Douglas108120140
Forsyth101108130
Fayette9573112
Rockdale877679

Source: GAMLS, single family, previously owned

8. Active Listings

Dec at 14,835, up 40.9% vs Dec 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—
Jul11,92810,16415,973—
Aug12,25110,60316,789—
Sep13,13511,34217,037—
Oct13,25511,87217,450—
Nov12,67812,04316,844—
Dec11,03010,53214,83514,835

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

9. Active Listings by County

Fulton highest at 2,025, Rockdale lowest at 249

Single family, pre-owned, Dec of each year

Active Listings by County: Single family, pre-owned, Dec of each year
Area202220232024
Fulton1,3991,4582,025
DeKalb1,0059481,468
Gwinnett1,2768641,362
Cobb858684979
Henry558580895
Clayton474472617
Paulding484365514
Cherokee382346513
Douglas314313424
Forsyth262219352
Fayette187168257
Rockdale218192249

Source: GAMLS, single family, previously owned

10. Pending Listings

Dec at 3,256, up 2.5% vs Dec 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—
Jul5,6775,0554,799—
Aug5,9634,8374,629—
Sep4,7544,1184,267—
Oct4,2404,0794,459—
Nov3,6733,4933,936—
Dec3,2623,1773,2563,256

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

11. Pending Listings by County

Gwinnett highest at 425, Rockdale lowest at 44

Single family, pre-owned, Dec of each year

Pending Listings by County: Single family, pre-owned, Dec of each year
Area202220232024
Gwinnett457400425
Fulton354363404
DeKalb283313353
Cobb314294321
Cherokee158146158
Henry173136139
Clayton121146137
Paulding127116106
Forsyth10711593
Douglas898280
Fayette878371
Rockdale525244

Source: GAMLS, single family, previously owned

12. Closed Listings

Dec at 4,506, up 13.8% vs Dec 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—
Jul6,0664,9395,306—
Aug6,2225,3544,875—
Sep5,6884,5134,313—
Oct4,8164,2564,571—
Nov4,2483,8414,001—
Dec4,2713,9614,5064,506

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

13. Closed Listings by County

Gwinnett highest at 585, Rockdale lowest at 59

Single family, pre-owned, Dec of each year

Closed Listings by County: Single family, pre-owned, Dec of each year
Area202220232024
Gwinnett557461585
Fulton487465548
Cobb418382491
DeKalb369381487
Cherokee197199218
Henry225143188
Forsyth118130177
Clayton157178164
Paulding157142162
Douglas1319797
Fayette1218188
Rockdale636159

Source: GAMLS, single family, previously owned

14. Active to Closed Ratio

11,490 actives, 3.1 for every Dec 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
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 2412,5014,345——
Aug 2413,1733,893——
Sep 2413,1583,555——
Oct 2413,4863,760——
Nov 2412,9983,252——
Dec 2411,4903,68611,4903,686

Source: GAMLS

15. Active to Closed Ratio

1,866 actives, 3.4 for every Dec closing

Townhouse, core Atlanta counties, all construction

Active to Closed Ratio: Townhouse, core Atlanta counties, all construction
MonthActiveClosedActive to Closed RatioActive to Closed Ratio
Dec 231,203528——
Jan 241,202371——
Feb 241,361473——
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 241,8665461,866546

Source: GAMLS

16. Active to Closed Ratio

1,479 actives, 5.4 for every Dec closing

Condo, core Atlanta counties, all construction

Active to Closed Ratio: Condo, core Atlanta counties, all construction
MonthActiveClosedActive to Closed RatioActive to Closed Ratio
Dec 231,035291——
Jan 241,087224——
Feb 241,184327——
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 241,4792741,479274

Source: GAMLS

17. Days on Market

Single family at 20 days, up 8 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
Dec 24282220

Source: GAMLS, previously owned

18. Days on Market by County

Douglas highest at 30, Fayette lowest at 15

Single family, pre-owned, Dec of each year

Source: GAMLS, single family, previously owned

19. Fastest and Slowest-Moving Zips

30096 fastest at 6 days, 30180 slowest at 101

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

Fastest and Slowest-Moving Zips: Single family residences, median days on market of Dec closings, FMLS zip cross-section
ZipFastest and Slowest-Moving ZipsFastest and Slowest-Moving ZipsFastest and Slowest-Moving Zips
300020——
300160——
300210——
300350——
300720——
300790——
300920——
301790——
303500——
303600——
303630——
305060——
305170——
305340——
305480——
306200——
30180—101—
30153—100—
30060—89—
30032—82—
30296—78.5—
30013—75—
30311—74.5—
30260—74—
30144—13—
30071—11—
30324—10—
30328—9.5—
30189—9—
30305—8.5—
30338—7—
30096—5.5—
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 2.9 months, up 1.0 month 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
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 242.42.23.2———
Aug 242.52.43.4———
Sep 242.62.53.6———
Oct 242.72.73.8———
Nov 242.82.84———
Dec 242.92.94.14.12.92.9

Source: GAMLS, previously owned

21. Months of Supply by County

Henry highest at 4.1, Cobb lowest at 2.1

Single family, pre-owned, Dec of each year

Months of Supply by County: Single family, pre-owned, Dec of each year
Area202220232024
Henry1.52.34.1
Fulton1.72.63.8
Rockdale1.82.63.7
Clayton1.52.33.5
Douglas1.72.33.5
DeKalb1.623.1
Paulding1.61.93.1
Fayette1.31.52.5
Cherokee1.31.52.3
Gwinnett1.51.52.3
Cobb1.21.32.1
Forsyth1.11.22.1

Source: GAMLS, single family, previously owned

25. Pending Ratio

Single family at 24.1%, down 9.8 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
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 240.330.340.23———
Aug 240.30.280.21———
Sep 240.280.220.18———
Oct 240.290.240.17———
Nov 240.260.210.14———
Dec 240.240.220.140.240.220.14

Source: GAMLS, previously owned

26. Pending Ratio by County

Cobb highest at 32.8%, Henry lowest at 15.5%

Single family, pre-owned, Dec of each year

Pending Ratio by County: Single family, pre-owned, Dec of each year
Area202220232024
Cobb0.370.430.33
Gwinnett0.360.460.31
Cherokee0.410.420.31
Fayette0.470.490.28
Forsyth0.410.530.26
DeKalb0.280.330.24
Clayton0.260.310.22
Paulding0.260.320.21
Fulton0.250.250.2
Douglas0.280.260.19
Rockdale0.240.270.18
Henry0.310.230.16

Source: GAMLS, single family, previously owned

27. List to Sales Ratio

Single family at 98.6%, down 0.4 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
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 240.990.990.98———
Aug 240.990.990.98———
Sep 240.990.990.98———
Oct 240.990.990.98———
Nov 240.990.990.98———
Dec 240.990.990.980.990.990.98

Source: GAMLS, previously owned

28. List to Sales Ratio by County

Cobb highest at 98.9%, Rockdale lowest at 97.7%

Single family, pre-owned, Dec of each year

List to Sales Ratio by County: Single family, pre-owned, Dec of each year
Area202220232024
Cobb1.0110.99
Gwinnett1.010.990.99
Cherokee1.010.990.99
Forsyth1.020.990.99
DeKalb1.010.990.99
Henry1.010.990.99
Paulding10.990.99
Fayette10.990.98
Douglas10.990.98
Fulton1.010.990.98
Clayton1.010.980.98
Rockdale10.980.98

Source: GAMLS, single family, previously owned

29. Dollar Volume

Combined at $2.2B, up 19.2% 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
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———
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$2.22B$1.88B$342.5M

Source: GAMLS, monthly closed volume

30. Dollar Volume, Pre-Owned

Single family at $1.6B, up 25.2% 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
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———
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$1.63B$160.9M$88.0M

Source: GAMLS, previously owned

31. Dollar Volume by County

Fulton highest at $365.3M, Rockdale lowest at $19.0M

Single family, pre-owned, Dec of each year

Dollar Volume by County: Single family, pre-owned, Dec of each year
Area202220232024
Fulton$277.6M$298.6M$365.3M
Gwinnett$238.0M$220.0M$280.0M
Cobb$191.8M$183.8M$254.5M
DeKalb$163.7M$172.0M$220.4M
Forsyth$66.9M$88.6M$123.5M
Cherokee$96.5M$96.9M$118.9M
Henry$72.5M$50.3M$64.3M
Paulding$54.5M$51.9M$58.9M
Fayette$60.9M$44.6M$53.4M
Clayton$38.4M$44.0M$39.6M
Douglas$43.9M$31.1M$31.4M
Rockdale$18.7M$19.5M$19.0M

Source: GAMLS, single family, previously owned

32. Showings vs Actives vs Pendings

Dec showings at 30,628, up 29.7% vs Dec 2023

Dec of each year, all property types

Showings vs Actives vs Pendings: Dec of each year, all property types
AreaShowingsActivesPendingsShowings vs Actives vs PendingsShowings vs Actives vs PendingsShowings vs Actives vs Pendings
202033,6338,8445,380———
202129,2166,5454,734———
202226,51211,0303,262———
202323,60710,5323,177———
202430,62814,8353,25630,62814,8353,256

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

33. Showings by County

Fulton led with 6,967 Dec showings

Dec of each year, all property types

Showings by County: Dec of each year, all property types
Area202220232024
Fulton4,5454,7696,967
DeKalb3,4303,1704,631
Gwinnett3,9612,7934,045
Henry2,7792,6223,124
Cobb2,0491,8532,589
Clayton2,1351,8932,363
Fayette1,1441,0291,300
Douglas1,023877.81,020
Paulding1,1558161,005
Forsyth608.1578.4870
Cherokee753.6857789.5
Rockdale804.9729.8747.6

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

34. Showings

2.4 showings per listing, 8.3 to go pending in Dec

Single family, pre-owned, core Atlanta counties

Showings: Single family, pre-owned, core Atlanta counties
MonthShowings to PendingShowings per ListingShowingsShowings
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 247.12.9——
Aug 247.32.7——
Sep 247.12.6——
Oct 247.52.7——
Nov 248.42.6——
Dec 248.32.48.32.4

Source: ShowingTime via GAMLS, previously owned

35. Showings per Listing by County

Fayette highest at 4.6, Cherokee lowest at 1.1

Single family, pre-owned, Dec of each year

Showings per Listing by County: Single family, pre-owned, Dec of each year
Area202220232024
Fayette4.84.74.6
Clayton3.83.53.4
Henry3.73.42.7
DeKalb2.32.32.5
Gwinnett2.52.52.3
Rockdale3.12.82.3
Fulton21.92.2
Douglas2.72.22.1
Cobb1.621.9
Paulding1.81.71.6
Forsyth1.721.5
Cherokee1.31.81.1

Source: GAMLS, single family, previously owned

36. Showings to Pending by County

Clayton highest at 15.8, Cherokee lowest at 4.4

Single family, pre-owned, Dec of each year

Showings to Pending by County: Single family, pre-owned, Dec of each year
Area202220232024
Clayton1213.215.8
Fayette14.515.111.6
Henry13.311.910.7
Fulton5.56.29.2
Rockdale16.412.28.4
Douglas6.77.78.2
DeKalb6.86.17.5
Paulding3.65.17
Cobb4.646.4
Forsyth5.145.7
Gwinnett6.55.55.6
Cherokee5.53.24.4

Source: GAMLS, single family, previously owned

37. Showings

1.3 showings per listing, 4.6 to go pending in Dec

Townhouse, pre-owned, core Atlanta counties

Showings: Townhouse, pre-owned, core Atlanta counties
MonthShowings to PendingShowings per ListingShowingsShowings
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 244.31.8——
Aug 243.91.7——
Sep 243.91.4——
Oct 244.51.5——
Nov 243.71.4——
Dec 244.61.34.61.3

Source: ShowingTime via GAMLS, previously owned

38. Showings

1.2 showings per listing, 4.1 to go pending in Dec

Condo, pre-owned, core Atlanta counties

Showings: Condo, pre-owned, core Atlanta counties
MonthShowings to PendingShowings per ListingShowingsShowings
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 244.11.3——
Aug 244.11.4——
Sep 244.41.2——
Oct 243.61.3——
Nov 243.41.1——
Dec 244.11.24.11.2

Source: ShowingTime via GAMLS, previously owned

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