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Market Briefs

May Market Brief – GMLRA Highlights

July 1, 2026

Discover the latest real estate trends with the Monthly Market Brief from the Georgia Mountains & Lakes REALTORS® Association, powered by Georgia MLS (GAMLS) data.


Inventory remained elevated in May 2026, with 332 new listings and 887 active listings, providing buyers with a broader selection of homes across the market. Compared to April, sales activity strengthened, with sales volume increasing to $56.1 million and 127 homes sold. Year-over-year, sales volume and closed sales posted solid gains, while active listings continued to rise.

Although units put under contract declined compared to both last month and last year, the median sales price edged up to $335,000 from April, despite remaining below last year's level. Overall, increased inventory and solid closed-sales activity indicate a market that remains active as the summer selling season begins.

 

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Quick Snapshot of May 2026 Key Metrics

 
Metric Value Y/Y M/M
Sales Volume $56,058,650 +14.8% +6.6%
Units Sold 127 +16.5% +7.6%
Units Put Under Contract 111 -24.5% -3.5%
Median Sales Price $335,000 -4.3% +1.5%
New Listings 332 +7.8% -7.8%
Active Listings 887 +18.7% +6.6%

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