Market Briefs

Atlanta REALTORS® Market Brief: January 2023

March 2, 2023

January Highlights

The January 2023 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: January residential sales were at 2,840, a decrease of 37.0% from the previous year.

Price: Average and median sales prices continue to outpace 2021’s figures, with positive gains. The median sales price in January was $375,000, a decrease of 0.0% from last January. The average sales price was $442,500, up 1.5% from the previous year.

Supply: Atlanta area housing inventory totaled 9,990 units in January, an increase of 48.8% from January 2022. New listings totaled 5,687, down 11.2% from January 2022 and up 47.0% from the previous month. The month’s supply over a 12-month period decreased to 1.8 months.

Michael FischerA Word from 2023 Atlanta REALTORS® President Michael Fischer:

“January sales were once again challenged by low inventory levels and the changes in mortgage interest rates,” reports Atlanta REALTORS® Association President Michael Fischer. “The positive news for sellers is that median sales prices have remained steady throughout most Atlanta submarkets with appreciation hovering around 1%.”

“Atlanta has been consistently ranked as one of the top cities in the US for job and population growth so looking ahead to the spring, we expect the demand for housing in Atlanta to remain strong.” says Fischer.

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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 GRBOR Market Brief

The Greater Rome Board of REALTORS® (GRBOR) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS).For more information on details of this month's report, please contact the Board at 404.845.4025.

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

About the Greater Rome Board of REALTORS®

The Greater Rome Board of REALTORS® (GRBOR) has been an instrumental factor in the growth of real estate in Floyd County, Georgia for more than a decade. GRBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.

About Georgia Multiple Listing Service

Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact

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