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%
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 georgiamls@gamls.com.

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