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Q1 2026 at a Glance

Across The Greater Atlanta Area

10,907 Homes Sold

$523,276

Average Sale Price

3.8 Months of Inventory

Average Days on Market

Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, Q4 2024 - Q4 2025

Market Overview

Q1 2026 compared to Q1 2025 demonstrates continued stability in Metro Atlanta real estate, with the market reflecting a natural and healthy transition toward balance. Closed sales declined modestly, 1.7% to 10,907, while pending sales decreased 3.6% to 13,939. Despite the measured softening in volume, prices held firm. The median sales price remained at $415,000 and the average sales price increased 1.0% to $523,276, indicating core market strength. Inside the city, the median came in at $432,000 with an average of $625,259, consistent with sustained demand for welllocated properties within the perimeter.

Active listings increased 6.6% to 16,915, months of supply reached 3.8, and homes averaged 75 cumulative days on market before going under contract. These metrics indicate a more balanced environment where buyers have gained meaningful selection and negotiating position relative to the peak years of the market. It is worth noting that well-priced, move-in-ready homes continue to generate strong buyer interest across most of the broader market. Buyers who are prepared and clear on their criteria are finding good opportunities, and when the right property comes to market at the right price, it does not sit. The selectivity buyers are exercising today reflects sound decision-making, not a lack of demand.

Certain corridors are outperforming the broader market with consistency. The Dunwoody and Sandy Springs corridor, encompassing zip codes 30338, 30319, 30342, 30076, and 30328, is the strongest performing submarket in Metro Atlanta, with an average sale-to-list ratio of 98.7%, an average close price of $847,371, and nearly one in four homes selling above asking price. Zip code 30338 is particularly active, averaging a 99.4% saleto-list ratio, with 31.5% of homes closing above list price and an average of just 41 days on market. The East Cobb and Marietta corridor produced 676 sales averaging $561,300 with the fastest market recovery time of any corridor in the study. The Cherokee corridor of Canton

and Woodstock and the Gwinnett Core of Duluth and Suwanee each contributed more than 500 transactions, both outperforming the metro average on pricing and pace.

At the neighborhood level, results in select communities continue to reflect the competitive dynamics of a seller’s market. Ormewood Park recorded the highest average sale-to-list price ratio of any neighborhood in the eightcounty study at 104.4%, with 75% of homes closing above asking price. Candler Park achieved a 102.3% average ratio, Garden Hills 101.3%, and Oakhurst 100.9%. Across these neighborhoods, well-priced homes are consistently attracting multiple offers and closing above the current list price, demonstrating that strong, motivated buyers remain active in desirable communities.

Pricing strategy remains the defining factor separating successful sales from stagnant listings. Homes priced competitively from the outset continue to attract buyers and close within reasonable timeframes, with Q1 data showing that appropriately priced homes sold in an average of 40 days and closed at 100.4% of the original asking price. Those requiring modest reductions averaged 73 days and 97.5% of original asking. Properties that required larger reductions faced progressively longer market exposure, with sellers who reduced by 15% or more averaging 153 days on market. Homes aligned with current market conditions achieve results. Those priced on optimism rather than comparable data face extended timelines and outcomes that fall short of what an accurate initial price would have produced.

Looking ahead, national forecasts from leading housing economists suggest cautious optimism for the balance of 2026. Mortgage rates have improved from above 7% in late 2024 to the 5.8% to 6.2% range as of early April 2026. Improving affordability is expected to support broader buyer participation through the remainder of the year. National home prices are expected to appreciate modestly in the 2% to 4% range across major forecasters.

For Metro Atlanta, the outlook points to continued stabilization and measured growth. The northern

suburban counties, including Cherokee, North Fulton, Cobb, and the Gwinnett Core, are expected to remain the most active areas of the market, supported by strong employment access, school quality, and sustained population growth. We have moved towards a balance between buyers and sellers, and we have had more inventory come on the market. That said, we are still far from being able to describe inventory 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

Metro Atlanta Market Summary

Metro Atlanta Market Summary by Product Type

Q1 2026 Metro Atlanta Condo Statistics by Price Point vs Q4 2025 Average

Q1 2026 Metro Atlanta Single-Family

Statistics by Price Point vs Q4 2025 Average $499,999 <

Q1 2026 Metro Atlanta Townhome Statistics by Price Point vs

Q4 2025 Average

Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, Q4 2025 vs Q1 2026

Metro Atlanta Supply Dynamics Summary

Source:

Source: FMLS InfoSparks, Greater Atlanta Area, All Home

Metro Atlanta Pending & Closed Sales vs. Interest Rates

Q1 2026 Metro Atlanta The Cost of Overpricing

Source: MLS Closed Sales Data, Q1 2026. Metro Atlanta 8-county area. 9,505 total transactions analyzed.

Q1 2026 Metro Atlanta Market Performance by Corridor

Source: MLS Closed Sales Data, Q1 2026. Zips: Dunwoody/Sandy Springs = 30338, 30319, 30342, 30076, 30328 | Cobb

= 30066, 30062, 30068, 30064, 30060, 30152 | Cherokee = 30102, 30144, 30189, 30101, 30107 | Gwinnett Core = 30092, 30043, 30044, 30024, 30097 | South Fulton/Clayton = 30349, 30331, 30314, 30310, 30228, 30296, 30236

Q1 2026 Metro Atlanta Sale/List Ratio by Submarket

Top 20 Submarkets - Highest Sale/List Ratio (min. 8 sales)

Source: MLS Closed Sales Data, Q1 2026. Min. 8 closed sales per submarket.

Single-Family Homes

Source: FMLS, InfoSparks, Q4 2025 (1/1/26 to 3/31/26)

$1,522,500

$650,000

Source: FMLS, InfoSparks, Q4 2025 (1/1/26 to 3/31/26)

Condominiums

Source: FMLS, InfoSparks, Q4 2025 (1/1/26 to 3/31/26)

Townhomes

Source: FMLS, InfoSparks, Q4 2025 (1/1/26 to 3/31/26)

$522,500

Source: FMLS, InfoSparks, Q4 2025 (1/1/26 to 3/31/26)

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.

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.

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.

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.

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.

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

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.