The number of single-family homes sold in the Atlanta metro market was 17,640 in May 2022, compared to 23,820 homes sold in May 2021. The number of homes sold in May 2022 was down by 26% over the last year.

The median sale price of single-family homes sold was $384,000 for the period from March to May 2022. This was an increase of 28% when compared to the same period last year. 

The median sale price per sqft of single-family homes sold was $172 for the period from March to May 2022, an increase of 29% compared to the same period last year.

The inventory for sale decreased to 34,400 by the end of May 2022, a 26% drop compared to the inventory for sale at the end of May 2021.

Months supply of single-family homes is currently holding at 1.50 months, a dip of 19% year over year. 

Learn more about the metrics in PropMix Market Insights.