REAL-TIME MARKET NUMBERS

Atlanta, GA 30338

Single-Family Homes

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Atlanta, GA 30338

Mon Jun 24 2024
This week the median list price for Atlanta, GA 30338 is $815,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has increased to 33. Click here to stay informed with the Atlanta market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Atlanta, GA 30338

Mon Jun 24 2024
This week the median list price for Atlanta, GA 30338 is $815,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has increased to 33. Click here to stay informed with the Atlanta market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Atlanta market.
Median List Price $815,000
Median Price of New Listings $795,000
Per Square Foot $256
Average Days on Market 133
Median Days on Market 28
Price Decreased 36%
Price Increased 0%
Relisted 12%
Inventory 33
Median Rent
Market Action 51
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,394,500 4,587 0.25 - 0.5 acre 4 4.5 23 0 1 66
$887,000 3,421 0.5 - 1 acre 5 3.8 50 2 3 21
$746,250 2,855 0.25 - 0.5 acre 4 3.3 51 2 2 42
$599,000 2,362 0.25 - 0.5 acre 3 2 52 2 2 21