GAMLS: Atlanta median home sales price rises again in June

The median sale price of a home in Atlanta continued its upward trend in June, climbing 4% from the previous month to $431,500 from $415,000. It was up 5.2% from the year-earlier level of $410,000, according to the latest Georgia MLS 12-county housing market snapshot.

In terms of units, sales volume fell 13.6%, from 5,774 homes sold in May to 4,987 homes in June. Year-over-year, sales were down 13.6%, from 5,771 transactions. In terms of dollar amount, sales were down 9.5% and 7.5% month-over-month and year-over-year, to $2.67 billion.

New registrations increased by 4.2% month-on-month and 13.3% year-on-year to reach 9,066. Active registrations, meanwhile, increased by 8% month-on-month and 62.8% year-on-year to reach 16,686.

First half numbers

During the first half of 2024, the median home sales price in Atlanta was $405,999, a 4.9% increase from the median price of $386,900 recorded in the first half of 2023.

Units sold in the first half fell 4.9% from 29,351 in 2023 to 27,924 this year, while sales volume increased 2.2% from $13.66 billion to $13.96 billion.

The 12-county Georgia MLS report includes Cherokee, Clayton, Cobb, Dekalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Paulding and Rockdale counties.