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Atlanta REALTORS® Market Brief: February 2022

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March 15, 2022

February Highlights

The February 2022 Market Brief, compiled by First Multiple Listing Service (FMLS), provides a regionally focused synopsis of monthly sales and home prices for residential properties in Metro Atlanta. This summary covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.

Demand: February residential sales were at 5,073, a decrease of 5.0% from the previous year.

Price: Average and median sales prices continue to outpace 2021’s figures, with positive gains. The median sales price in February was $380,000, an increase of 21.4% from last February. The average sales price was $445,000, up 17.7% from the previous year.

Supply: Atlanta area housing inventory totaled 6,095 units in February, a decrease of 15.2% from February 2021. New listings totaled 6,634, down 3.8% from February 2021 and up 6.9% from the previous month. The month’s supply over a 12-month period decreased to 0.9 months.

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Tom McCoy

Good Business Ethics are very important to me and instill confidence in my clients that I get the job done correctly. From the first time we meet until the day you close, you'll be working with me to find and walk you through the process to purchase your new home. Because of my construction background, I can more easily assess the value of a home. Put my 25 years of Atlanta REALTOR experience to work for you. I am always learning, I love to help and say hello!

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