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tlanta's residential real estate market is experiencing a shift, with professionals reporting steady volume but changing client demographics. Realtor Lindsay Levin notes that her clients are now more likely to be downsizers and empty nesters, as well as families managing estate sales. This trend aligns with Levin's mantra that real estate is driven by life transitions.
Associate broker Jane Cross observes that buyers hesitant due to higher interest rates are coming to terms with current levels, recognizing them as the new normal. With housing prices trending upward, many are choosing to move forward with their purchases. Local buyers are driving activity, with out-of-state buyers less prevalent than in previous years.
Real Estate Advisor Ashley Battleson reports a significant increase in inventory, nearly 50% year-over-year in some months, giving buyers more options. However, home sales have dipped about five percent, and homes are taking longer to sell. Prices remain steady, with the median home price around $425,000, up slightly from last year.
Realtor Robin Blass notes a notable shift in the market, with fewer homes going under contract compared to this time last year. However, individual neighborhoods may tell a different story, with some areas showing signs of momentum returning.
Despite economic uncertainty and concern about interest rates, real estate professionals remain optimistic about the remainder of 2025. Levin attributes the slowdown to buyers focused on value and hesitant due to uncertain interest rates. Lenders are offering creative solutions to ease the monthly payment burden.
Cross notes that real estate offers a sense of security and tangible value, making it an attractive investment option during times of economic uncertainty. Blass agrees that real estate has historically proven to be a solid and resilient investment.
The professionals anticipate a stronger market for the remainder of 2025, with forecasts suggesting mortgage rates could fall closer to 6 percent by year-end. Atlanta's economic fundamentals remain robust, supporting continued housing demand. Homes competitively priced and presented in excellent condition will continue to perform well during 2025.
Buyers are prioritizing lifestyle considerations, such as walkability, community, and access to top-rated school districts. Neighborhoods like Westside Atlanta are becoming popular options due to new residential developments with more attainable price points and supporting retail, dining, and shopping options.
