Market Briefs

Atlanta REALTORS® Market Brief: November 2022

December 20, 2022

November Highlights

The November 2022 Market Brief, compiled by First Multiple Listing Service (FMLS), provides a regionally focused synopsis of monthly sales and home prices for residential properties in Metro Atlanta. This summary covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.

Demand: November residential sales were at 3,988, a decrease of 39.8% from the previous year.

Price: Average and median sales prices continue to outpace 2021’s figures, with positive gains. The median sales price in November was $390,000, an increase of 5.4% from last November. The average sales price was $460,000, up 4.3% from the previous year.

Supply: Atlanta area housing inventory totaled 12,358 units in November, an increase of 51.0% from November 2021. New listings totaled 5,007, down 22.8% from November 2021 and down 24.0% from the previous month. The month’s supply over a 12-month period decreased to 2.1 months.

Karen HatcherA Word from 2022 Atlanta REALTORS® President Karen Hatcher:

“The continued increase in interest rates in 2022, has led to a 39.9% decrease in year over year sales,” reports Atlanta REALTORS® Association President Karen Hatcher. “Despite this decrease, the median home price is still holding strong with a 5.4% increase over 2021 prices.”

“Inventory is up 51% since November 2021 but this has not had a huge impact on the available properties as we still only have 2.1 month’s supply,” says Hatcher.

Infographic   :   Download PDF   :   Press Release

The data in this report was compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Association at 404.250.0051.

About the 400N Market Brief

The 400 North Association of REALTORS® (400N) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS). For more information on details of this month's report, please contact the Association at 770.845.4008.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

About the 400 North Association of REALTORS®

The 400 North Association serves as a central source of information for our members and our main focus are real estate education, the promotion of professionalism in our industry and representing our REALTOR® members with legislative initiatives to create positive change for the real estate community. Throughout its history, the 400 North Association has exerted its influence in civic affairs in its capacity of representing a substantial segment of the business community across the Forsyth, Dawson and Lumpkin area. The Association has contributed to various charities over the years by hosting fundraisers.

About First Multiple Listing Service

First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers.  Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers.  For additional information or to start a discussion about how to partner with FMLS please contact

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