Four themes that define the Atlanta area housing market

Here are four things the latest housing market data are telling us about the metro Atlanta market: The median home sale price in the Atlanta area was $400,000 in May, up 3.9% from the same period a year ago, according to Georgia Multiple Listing Services. But since spring of 2020, the median price has grown by 57% percent. Much of that growth came in 2020, 2021 and 2022 when interest rates were much lower. Couple these higher sale prices with more expensive mortgages and the market is simply pricing out...