Spring 2025 Atlanta Real Estate Market: What Buyers and Sellers Need to Know

As the spring home-buying season kicks off, Atlanta real estate is experiencing a mix of opportunities and challenges. According to the latest FMLS Market Intel Report, metro Atlanta is seeing stabilizing mortgage rates, rising inventory, and shifting home prices. Whether you’re buying a house in Atlanta or selling a home in Georgia, staying informed about real estate trends is key to making smart decisions.

Mortgage Rates Are Holding Steady

For the past 10 weeks, mortgage rates have remained below 7%, with the latest reading at 6.65%, per FMLS. This is 40 basis points lower than the peak seen in early January, providing a slight boost to housing affordability.

However, rates are fluctuating due to economic uncertainty. Investors are flocking to U.S. Treasuries, affecting the 10-year Treasury yield, which plays a key role in determining mortgage rates.

Metro Atlanta Housing Inventory is Rising

A major shift in Atlanta’s housing market is the significant increase in inventory:

• Nationally, home inventory is up 27.5% year-over-year.
• In the Greater Atlanta area, active listings surged 39% in February compared to last year (Source: FMLS Market Intel).
• March continued to see double-digit increases in new listings.

This growth in home inventory is great news for buyers, who now have more options and more time to shop for the perfect home. For sellers, it means increased competition, making strategic pricing and home staging more critical than ever.

Homes Are Staying on the Market Longer

The average days on market is climbing, signaling a shift toward a more balanced market:

• National average: 66 days on market (up from 61 days last year).
• Metro Atlanta homes are selling in 28 days, up from 20 days in February 2024.

For home sellers in Atlanta, this means patience is key, as buyers are taking longer to make decisions. However, well-priced homes in desirable locations are still selling quickly.

Atlanta Home Prices Are Rising—But at a Slower Pace

With housing inventory increasing and homes staying on the market longer, home price appreciation is beginning to slow:

• National median home price: $398,400 (up 3.8% year-over-year).
• Atlanta median home price: $431,750 (up 2.35%).

While prices are still increasing, the rate of growth has tempered, offering relief for homebuyers who previously faced skyrocketing prices. Sellers in Atlanta should price competitively to attract buyers in this evolving market.

Pending Home Sales: Mixed Signals

Pending home sales, which indicate future closings, rose 2% nationwide in February. However, the South saw the strongest gains, while the Northeast and West saw declines.

In Atlanta real estate, pending home sales have been rising for two months but remain 6.8% below last year’s levels. While lower mortgage rates and increased inventory have drawn some buyers back, affordability challenges and economic concerns continue to keep many on the sidelines.

2025 Atlanta Housing Market Outlook: Cautious Optimism

So, what’s the outlook for spring 2025 in metro Atlanta real estate? The best way to describe it is cautious optimism.

✔️ Positive signs: Mortgage rates are easing, housing inventory is increasing, and buyer activity is showing signs of improvement.
✔️ Challenges remain: Housing affordability remains a concern, and consumer confidence is at a 12-year low.

The Federal Reserve’s decision to hold rates steady underscores economic uncertainty, which could impact the real estate market in the coming months.

Advice for Atlanta Home Buyers & Sellers

✅ For Sellers: With more homes on the market, pricing your home competitively is crucial. Work with an Atlanta real estate agent to develop a smart pricing strategy and maximize your home’s appeal.

✅ For Buyers: More inventory means better choices and less pressure to act fast. However, if rates continue to stabilize, demand may increase again—so timing your home purchase strategically is key.

If you’re considering buying or selling a home in Atlanta, now is the time to stay informed and act strategically. Contact us to get the latest scoop specific to your area.