ITP Condo Market Snapshot Q2 2026 Atlanta www.evatlanta.com
Kseniya Berry
David Ray
M +1 404-884-4455 | O +1 404-845-7724 kseniya.berry@evatlanta.com kseniyaberry.evatlanta.com
M +1 404-512-1933 | O +1 404-845-7724 david.ray@evatlanta.com davidray.evatlanta.com
2
ITP Condo Market Snapshot | Q2 2026
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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ITP Condo Market Snapshot | Q2 2026
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Table of Contents
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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Market Overview
4
Condominiums
14
5
Q2 2026 at a Glance Across The Greater Atlanta Area
15,639 Homes Sold
$562,425 Average Sale Price
4.5 Months of Inventory
56 Average Days on Market
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, Q2 2025 vs Q2 2026
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Market Overview
Q2 2026 compared to Q2 2025 shows a Metro Atlanta market that remains stable, with pricing continuing to hold firm. Closed sales were essentially flat, down 0.1% to 15,639, while pending sales declined 2.1% to 14,864. The median sales price rose 1.1% to $440,000, and the average sales price increased 2.0% to $562,425, underscoring continued price resilience. Inside the city, the median climbed to $460,000 and the average to $666,624, up 4.5% and 4.8% respectively, outpacing the broader metro market and reflecting sustained demand for in-town properties. Active listings increased slightly, up 0.8% to 19,707 across the metro, while months of supply rose to 4.5, up modestly from a year ago, and homes averaged 56 cumulative days on market before going under contract, up 12.0%. Inside the city, active listings and new listings both declined 6.4% and 6.3% respectively, even as months of supply eased to 5.7. Taken together, these figures describe a market that continues its gradual shift toward balance rather than a correction. A closer look by product type shows where that resilience is concentrated. Single-family homes remain the backbone of the market, with closed sales up 0.6% to 12,457, the only product type to post positive year-overyear volume growth, moving at the fastest pace (50 days on market) and with the tightest supply (3.4 months). Townhome closings declined 2.7% to 2,204, and condo closings declined 2.1% to 978, with condos also carrying the softest fundamentals of the three: 6.0 months of supply and 96 days on market, roughly double the singlefamily pace. Beneath these quarterly figures sits a longer-running shift worth noting for buyers and sellers alike: over the past several years, an increasing share of closed sales has moved into the upper price tiers. Since 2021, homes priced at $800,000 and above have nearly doubled their share of single-family and townhome closings, while
ITP Condo Market Snapshot | Q2 2026
the share of sales under $500,000, still the majority of transactions, has steadily narrowed. This is a meaningful part of why the metro’s average sales price keeps climbing even as overall transaction volume holds flat or softens: more of what is selling sits at a higher price point than it did even two or three years ago. Performance data within each price tier reinforces where real demand is concentrated. Single-family homes priced between $800,000 and $999,999 posted the strongest sale-to-list ratio of any tier in the market, 98.3%, alongside the shortest days on market, 41, indicating this upper-middle tier is where buyer competition is sharpest right now. The single-family $1 million-plus tier also performed well, with days on market actually improving 6.3% year-over-year even as supply in that tier grew. Townhomes over $1 million showed a similar pattern, closing in just 35 days despite a 28.6% increase in months of supply. Condos did not share in this strength: every price tier saw days on market lengthen substantially, most severely at the top, where $1 million-plus condos averaged 173 days on market, up 66.3%, alongside the weakest sale-to-list ratio in the market at 92.4%. The upward shift in where Atlanta’s home sales are concentrated is, for now, a single-family and townhome story. Luxury condo buyers are exercising far more patience, and sellers in that segment are seeing it in both price and time to close. Rather than looking to forecasts, the more instructive story is what has already happened since the market shifted in 2022. Metro Atlanta’s average sales price peaked at $520,058 in June 2022, then corrected to a low of $441,347 by January 2023 as higher rates worked through the market. Since that low, the average sales price has climbed to $570,609 as of June 2026, a full recovery and beyond. That said, this is not a hot market by historical standards: over the past year, appreciation has settled into a steady 1% to 2% annual pace, in line with Metro Atlanta’s long-run historical average, following the sharper snapback seen in 2023 and 2024. Mortgage rates remain elevated, easing to 6.00% in March before rising back to the 6.4% to 6.5% range through April, May, and
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ITP Condo Market Snapshot | Q2 2026
June, and inventory remains tighter than in past cycles. Despite both pressures, Metro Atlanta continues to see genuine, sustained appreciation rather than stagnation or renewed decline. For Metro Atlanta, the outlook points to continued stabilization, with demand remaining most concentrated in the upper-middle price tiers of the single-family and townhome markets. Buyers who are prepared and clear on their criteria continue to find good opportunities, and well-priced homes in sought-after segments are not sitting on the market. We continue moving toward a more balanced market between buyers and sellers, with more inventory available than in recent years, though we remain far from an environment that could be described as plentiful. In an industry marked by change, Engel & Völkers Atlanta’s promise is to remain the constant. Our Advisors are trusted professionals selected not only for their market expertise, but for their judgment, integrity, and commitment to exceptional client care. They are stewards of place, deeply rooted in the neighborhoods they serve, while connected to a global network spanning 35 countries that extends the reach of every listing beyond Atlanta. That combination of intimate local knowledge and international perspective is what allows our clients to navigate a market like this one with clarity and confidence. To learn more about homes selling in your neighborhood or dream location, or to understand current market conditions, reach out to your Engel & Völkers Advisor.
Christa Huffstickler Founder and CEO, License Partner
www.evatlanta.com
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ITP Condo Market Snapshot | Q2 2026
Metro Atlanta Market Summary Metro Atlanta
City of Atlanta
Closed Sales
15,639
2,944
Pending Sales
14,864
2,765
Active Listings
19,707
4,701
New Listings
27,517
5,636
Median Sale Price
$440,000
$460,000
Average Sale Price
$562,425
$666,624
Average Shows to Pending Average Sale Price to Original List Price Ratio
-0.1%
-0.7%
-2.1%
-2.2%
0.8%
-6.4%
-2.3%
-6.3%
1.1%
4.5%
2.0%
4.8%
12.1
10.7
-3.2%
-2.7%
96.7%
96.3%
-0.2%
0.1%
4.5
Months of Inventory
2.3%
Average Days on Market
12.0%
5.7
-5.0%
56
63
8.6%
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, Q2 2025 vs Q2 2026
Metro Atlanta Market Summary by Product Type Condo
Single -Family
Townhome
978
12,457
2,204
935
11,800
2,129
2,230
14,501
3,426
2,116
21,095
4,306
Closed Sales
-2.1%
Pending Sales
-1.4%
Active Listings
0.2%
New Listings
-5.9%
Average Days on Market
37.1%
96
0.6%
-2.7% -1.1%
-2.5%
50
8.7%
-2.7% 1.4%
10.2% 1.0%
70
12.9%
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, Q2 2025 vs Q2 2026
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ITP Condo Market Snapshot | Q2 2026
9
Q2 2026 vs Q2 2025 Metro-Atlanta Condo Statistics by Price Point
Average SP to OLP
$499,999 <
$500,000 - $799,999
$800,000 - $999,999
$1M >
94.1%
96.3%
96.0%
92.4%
-0.8%
7.7
MOS
8.5%
Average DOM
32.9%
93
-0.3%
7.5
-1.3%
103
68.9%
-1.7%
8.7
-27.5%
122
25.8%
-4.4%
10.6
-15.9%
173
66.3%
Q2 2026 vs Q2 2025 Metro-Atlanta Single-Family Statistics by Price Point
Average SP to OLP
$499,999 <
$500,000 - $799,999
$800,000 - $999,999
$1M >
96.1%
97.7%
98.3%
97.5%
-0.1%
3.5
MOS
-7.9%
Average DOM
5.9%
54
-0.3%
4.2
5.0%
48
20.0%
-0.3%
4.3
2.4%
41
24.2%
0.0%
5.9
-3.3%
45
-6.3%
Q2 2026 vs Q2 2025 Metro-Atlanta Townhome Statistics by Price Point
Average SP to OLP
$499,999 <
$500,000 - $799,999
$800,000 - $999,999
$1M >
96.3%
97.6%
97.6%
97.2%
-0.4%
5.3
MOS
12.8%
Average DOM
10.9%
71
-0.2%
5.6
12.0%
68
13.3%
0.2%
6.4
4.9%
74
27.6%
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, Q2 2025 and Q2 2026
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0.2%
7.2
28.6%
35
-5.4%
10
ITP Condo Market Snapshot | Q2 2026
Metro Atlanta Supply Dynamics Summary 12,0 0 0
5
4 .5
9,567
10 ,0 00
9,014 8,803
8,261 7,456
3. 5
7,579
8,0 0 0
8,960 4
7,522 3
5,671
6, 00 0 5,604
2.5
3,843
2
4, 00 0 1. 5
1 2,0 00 0 .5
-
0 Ja n-23 M ar -23 M ay -23 Jul-23 S ep -23 No v-23 Ja n-24 M ar -24 M ay -24 Jul-24 S ep -24 No v-24 Ja n-25 M ar -25 M ay -25 Jul-25 S ep -25 No v-25 Ja n-26 M ar -26 M ay -26 M o nt h s S u p pl y
P en di n g S a l es
Cl o s ed S al es
Ne w L i s t in g s
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, January 2023 - June 2026
Metro Atlanta New Listings Impact on Average Sales Price 25,0 0 0
$6 0 0, 00 0
$570,442 $548,120
$530,237 $492,552
$517,212
$501,675
$528,036
$524,976 $5 0 0, 00 0
20, 00 0
$4 0 0, 00 0 15, 00 0
$3 00 ,0 0 0
10 ,0 00 $20 0 ,0 0 0
5,0 0 0 $1 00 ,0 0 0
-
$0 Ja n-23 M ar -23 M ay -23 Jul-23 S ep -23 No v-23 Ja n-24 M ar -24 M ay -24 Jul-24 S ep -24 No v-24 Ja n-25 M ar -25 M ay -25 Jul-25 S ep -25 No v-25 Ja n-26 M ar -26 M ay -26
Ac t i ve Li s t i n gs
Ne w L i s t in g s
Cl o s ed S al es
A vera g e S al e P ri c e
2 p er. M o v. A vg. ( N ew Li s t i n gs )
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, January 2023 - June 2026
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ITP Condo Market Snapshot | Q2 2026
11
Metro Atlanta Pending & Closed Sales vs. Interest Rates 7, 00 0
9. 00
7.76
8.0 0
6, 00 0
7.22
6.95
6.91
6.90 6.62
5,0 0 0
6.48 7. 00
6.50 6.19
6.12
6.09
6.85
6.00
4, 00 0
6. 00
5.0 0
4. 00
3,0 0 0
3.0 0 2,0 00 2.0 0
1,0 0 0 1.0 0
-
Jul-22 S ep -22 No v-22 Ja n-23 M ar -23 M ay -23 Jul-23 S ep -23 No v-23 Ja n-24 M ar -24 M ay -24 Jul-24 S ep -24 No v-24 Ja n-25 M ar -25 M ay -25 Jul-25 S ep -25 No v-25 Ja n-26 M ar -26 M ay -26 P en di n g S a l es
Cl o s ed S al es
Ave rag e 3 0- Y ea r R at e
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, July 2022 - June 2026, Freddi Mac, Weekly Mortgage Interest Rates July 2022 - June 2026
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12
ITP Condo Market Snapshot | Q2 2026
Home Sales by Price Range Under $500,000 Property type
2021
2022
2023
2024
2025
2026
Single-family
74.0%
65.3%
63.2%
59.5%
58.8%
58.7%
Townhome
85.0%
78.2%
75.7%
73.3%
74.7%
74.5%
Condo
91.9%
89.2%
87.1%
86.0%
84.8%
86.1%
Property type
2021
2022
2023
2024
2025
2026
Single-family
18.3%
24.2%
25.2%
26.4%
26.1%
25.5%
Townhome
12.6%
18.6%
20.1%
21.8%
20.2%
20.0%
Condo
5.8%
7.5%
9.3%
9.9%
9.5%
9.7%
Property type
2021
2022
2023
2024
2025
2026
Single-family
3.3%
4.9%
5.2%
6.3%
6.5%
6.5%
Townhome
1.5%
2.2%
2.6%
3.0%
3.3%
3.5%
Condo
1.0%
1.5%
1.4%
1.5%
1.6%
1.6%
Property type
2021
2022
2023
2024
2025
2026
Single-family
4.3%
5.6%
6.4%
7.8%
8.7%
9.3%
Townhome
0.8%
1.1%
1.5%
2.0%
1.9%
2.0%
Condo
1.2%
1.9%
2.2%
2.7%
4.1%
2.6%
$500,000 to $799,999
$800,000 to $999,999
$1,000,000 & Above
Share of closed sales by price segment, computed from FMLS/InfoSparks rolling 3-month closed sales data, January 2021 - June 2026
A larger share of Atlanta homes are selling above $500,000 today than just a few years ago. Since 2021, homes priced at $800,000 or more have roughly doubled their share of single-family and townhome sales, even as overall sales activity has held steady. This shift is a meaningful reason average home prices continue to rise: it’s not that every home is worth more, but that more of what’s selling sits at a higher price point than it used to. Condos tell a different story. Sales there remain concentrated in the same lower price ranges as in 2021, with little movement toward the top of the market.
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Condominiums Inside The Perimeter
16
ITP Condo Market Snapshot | Q2 2026
Brookhaven/Chamblee CON D OMI NIU M S
32
Homes Sold
$259,500 Median Closed Sales Price
$304,850 Average Closed Sales Price
9.2
Months of Inventory
78
Average Days On Market
Brookwood Hills CON D OMI NIU M S
10
Homes Sold
$317,500 Median Closed Sales Price
$309,050 Average Closed Sales Price
7.6
Months of Inventory
71
Average Days On Market
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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ITP Condo Market Snapshot | Q2 2026
17
Buckhead CON D O M I NIU M S
182 Homes Sold
$317,500 Median Closed Sales Price
$475,264 Average Closed Sales Price
10.1
Months of Inventory
115
Average Days On Market
Cabbagetown CON D OMI NIU M S
5
Homes Sold
$322,250 Median Closed Sales Price
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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$354,050 Average Closed Sales Price
7.4
Months of Inventory
97
Average Days On Market
18
ITP Condo Market Snapshot | Q2 2026
Collier Hills/Ardmore Park C ON D O M INI U M S
20
Homes Sold
$375,000 Median Closed Sales Price
$426,061 Average Closed Sales Price
4.5
Months of Inventory
147
Average Days On Market
Decatur/Druid Hills/Emory CON D OMINI U M S
71
Homes Sold
$275,000 Median Closed Sales Price
$310,470 Average Closed Sales Price
4.3
Months of Inventory
71
Average Days On Market
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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ITP Condo Market Snapshot | Q2 2026
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Downtown CON D O M I NIU M S
28
Homes Sold
$207,250 Median Closed Sales Price
$256,613
Average Closed Sales Price
11.7
Months of Inventory
115
Average Days On Market
Edgewood/Kirkwood C ON D O M INI U M S
10
Homes Sold
$320,200 Median Closed Sales Price
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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$337,140
Average Closed Sales Price
7.8
Months of Inventory
88
Average Days On Market
20
ITP Condo Market Snapshot | Q2 2026
Garden Hills C ON D O M INI U M S
10
Homes Sold
$281,350 Median Closed Sales Price
$313,370
Average Closed Sales Price
9.3
Months of Inventory
112
Average Days On Market
Grant Park/Glenwood Park C ON D OMI NIU M S
7
Homes Sold
$390,000 Median Closed Sales Price
$342,214
Average Closed Sales Price
4.2
Months of Inventory
136
Average Days On Market
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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ITP Condo Market Snapshot | Q2 2026
21
Inman Park CON D OMI NIU M S
5
Homes Sold
$362,500 Median Closed Sales Price
$465,900 Average Closed Sales Price
8.0
Months of Inventory
76
Average Days On Market
Midtown CON D O M I NIU M S
110
Homes Sold
$335,000 Median Closed Sales Price
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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$409,729 Average Closed Sales Price
8.2
Months of Inventory
105
Average Days On Market
22
ITP Condo Market Snapshot | Q2 2026
Old Fourth Ward/ Poncey Highland C ON D OMI NIU M S
37
Homes Sold
$285,000 Median Closed Sales Price
$301,587 Average Closed Sales Price
9.3
Months of Inventory
86
Average Days On Market
Peachtree Hills C ON D OMI NIU M S
9
Homes Sold
$240,000 Median Closed Sales Price
$494,691 Average Closed Sales Price
12.1
Months of Inventory
125
Average Days On Market
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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ITP Condo Market Snapshot | Q2 2026
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Vinings CON D O M I NIU M S
20
Homes Sold
$287,500 Median Closed Sales Price
$342,015 Average Closed Sales Price
6.5
Months of Inventory
98
Average Days On Market
Virginia Highlands/ Morningside CON D O M I NIU M S
20
Homes Sold
$317,500 Median Closed Sales Price
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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$324,700 Average Closed Sales Price
5.6
Months of Inventory
63
Average Days On Market
24
ITP Condo Market Snapshot | Q2 2026
West Midtown CON D O M I NIU M S
40
Homes Sold
$227,000 Median Closed Sales Price
$299,396 Average Closed Sales Price
13.1
Months of Inventory
132
Average Days On Market
Source: FMLS, InfoSparks, Q2 2026 (4/1/26 to 6/31/26)
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Key Indicators Glossary The following key indicators are used throughout this report to describe market trends:
Active Listings Properties that are currently listed for sale on FMLS. Additional properties may be for sale at any given time— such as for-sale by owner homes or off-market listings— but are not included in the count of “active listings” in this report if they are not in the FMLS database.
Closed Sales Closed sales represent homes that have sold and transactions have been finalized. This indicator tends to lag market trends slightly because properties typically close one to two months after an offer has been accepted and buyers have locked their interest rates.
New Listings New listings are those that have been added to FMLS in a given month. They do not include active listings that were entered in previous months.
Pending Sales Pending sales are properties that have accepted an offer from a buyer and is in the due diligence period. The sales transaction has not happened yet. This is a leading indicator because it give us insight into how buyers and sellers are reacting to the most current market conditions.
Sale Price The sale price is the final amount paid for a home. It is measured as either an average or a median, with the average price tending to be skewed higher by the highest priced homes. It does not reflect seller concessions, such as closing costs that may have been paid.
Sale Price to List Price Ratio The sale price to list price ratio (SP/LP) indicates if a home sold at (100%), above (>100%), or below (<100%) the listed asking price. The sale price to original list price ratio (SP/OLP) compares the sale price to the original asking price, as the current asking price may have reflected price changes.
Months of Inventory Days on Market Days on market (DOM) measures how long it takes from the time a home is listed until the owner signs a contract for the sale of a property. This tends to vary based on the desirability of a given property, market conditions, and season.
Months of inventory indicates how long it would likely take to sell currently listed homes, if no new inventory were added. It is measured as a ratio of active listings to homes sold. 5 to 6 months of inventory is considered a balanced market. Less than 6 months supply tends to favor sellers, and more tends to favor buyers.
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