Atlanta Real Estate Market Update – Summer 2025
Atlanta real estate. After a slower start to the year, momentum is moving in the right direction. Activity picked up in May and June, proving that buyers and sellers are adapting to today’s market conditions.
Home Prices Cooling but Holding Strong
• As of June, Redfin reports the median sale price in Atlanta at about $397,000, down 8.6 percent compared to last year. Homes are taking an average of 51 days to sell, slightly longer than the 44 days we saw last summer.
• Zillow shows a similar picture with an average home value of $402,035, 4.4 percent lower year over year, and a typical time to pending contract of 48 days.
A Balanced Market, Not a Crash• We are seeing a market that is settling into a healthy balance. The early months of 2025 were slower, but the late spring surge shows that when the right home comes to market, it will still sell quickly.
• Mortgage rates are expected to move closer to 6 percent by year end, which could bring more buyers back into the market.
• In May, the median sold price hit $425,128, up 1.8 percent year over year—steady growth, without the runaway spikes of recent years.
Baby Boomers Are Driving a New Trend
• A noticeable shift is happening as many baby boomers sell their larger family homes and downsize—not to traditional retirement communities, but to luxury condos in prime Atlanta locations.
• These buyers want turnkey living, high-end amenities, walkability, and the freedom to travel without the upkeep of a big property.
• This trend is fueling demand in Buckhead, Midtown, and other vibrant in-town neighborhoods where lifestyle and convenience take center stage.
What This Means for Buyers and Sellers
• Buyers now have more inventory and time to make decisions, but move in ready, well priced properties still go quickly—especially three bedroom homes under $400,000 and luxury condos in sought-after buildings.
• Sellers who invest in professional marketing, strategic pricing, and staging are still achieving strong results. Mispricing is the number one reason homes linger on the market.
Key Takeaways
• Prices remain 4 to 9 percent below peak, but the market is stable.
• The balance benefits both sides when the strategy is right.
• Downsizing into luxury condos is one of the fastest-growing trends in Atlanta real estate.
• No signs of a crash—Atlanta continues to be one of the most resilient and desirable markets in the country.
