Atlanta REALTORS® Releases September 2022 Statistics on Housing Market
The Atlanta REALTORS® Market Brief examines sales, prices in 11-county metro area
Atlanta, GA – RealEstateRama – Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its September 2022 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties.
Annual Comparison
| Sept 2022 | Sept 2021 | % Change | |
| Total Home Sales | 5,382 | 6,991 | -23.0% |
| Median Sales Price | $400,000 | $356,500 | 12.2% |
| Average Sales Price | $477,000 | $427,000 | 11.7% |
Monthly Comparison
| Sept 2022 | August 2022 | % Change | |
| Total Home Sales | 5,382 | 5,961 | -9.7% |
| Median Sales Price | $400,000 | $406,000 | -1.5% |
| Average Sales Price | $477,000 | $483,000 | -1.2% |
Demand : September residential sales were at 5,382, a decrease of 23.0% from the previous year.
Price : Average and median sales prices continue to outpace 2021’s figures, with positive gains. The median sales price in September was $400,000, an increase of 12.2% from last September. The average sales price was $477,000, up 11.7% from the previous year.
Supply : Atlanta area housing inventory totaled 12,891 units in September, an increase of 39.1% from September 2021. New listings totaled 7,589, down 6.8% from September 2021 and down 5.4% from the previous month. The month’s supply over a 12-month period increased to 2.1 months.
Largest Metro Counties Sales Comparison
| Total Units Sold | Median Sales
Price |
Average Sales Price | |
| Cobb | 898 | $410,000 | $454,500 |
| DeKalb | 708 | $354,500 | $456,500 |
| Fulton | 1,273 | $415,500 | $574,500 |
| Gwinnett | 1,021 | $407,000 | $449,500 |
