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<p>​<span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">In August 2024, t</span><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;">he Atlanta housing market was somewhat competitive.&nbsp;&nbsp;</span><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;">Home prices were down 2.7% compared to last year, selling for a median price of $395K. <span style="background-color: rgb(255, 255, 255);">The median sale price per square foot in Atlanta is $280, down 6.4% since last year.&nbsp;</span>On average, homes in Atlanta sell after 53 days on the market compared to 31 days last year. There were 687 homes sold in August this year, down from 711 last year.&nbsp; Average homes sell for about 2% below list price.&nbsp;</span></p><p><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;"><br></span></p><p><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;">Atlanta Migration &amp; Relocation Trends</span></p><p style="margin-left: 25px;"><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;">21% of Atlanta homebuyers searched to move out of Atlanta, while 79% looked to stay within the metropolitan area.</span></p><p style="margin: 0px; padding: 0.25rem 0px 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline; justify-content: space-between; display: flex; flex-direction: row; color: rgb(51, 51, 51); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Where are people moving to Atlanta from?</p><div style="margin: 0px 0px 0px 25px; padding: 0.25rem 0px 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline; justify-content: space-between; display: flex; flex-direction: row; color: rgb(51, 51, 51); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Across the nation, 2% of homebuyers searched to move into Atlanta from outside metros. New York homebuyers searched to move into Atlanta more than any other metro followed by Los Angeles and Washington.&nbsp;</div><div style="margin: 0px; padding: 0.25rem 0px 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline; justify-content: space-between; display: flex; flex-direction: row; color: rgb(51, 51, 51); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><br></div><p style="margin: 0px; padding: 0.25rem 0px 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline; justify-content: space-between; display: flex; flex-direction: row; color: rgb(51, 51, 51); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;">Where are people from Atlanta moving to?</span></p><div style="margin: 0px 0px 0px 25px; padding: 0.25rem 0px 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline; justify-content: space-between; display: flex; flex-direction: row; color: rgb(51, 51, 51); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;">79% of Atlanta homebuyers searched to stay within the Atlanta metropolitan area. Macon was the most popular destination among Atlanta homebuyers followed by Chattanooga and Savannah.</span></div><div style="margin: 0px 0px 0px 25px; padding: 0.25rem 0px 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline; justify-content: space-between; display: flex; flex-direction: row; color: rgb(51, 51, 51); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;"><br></span></div><div style="margin: 0px; padding: 0px 0px 1rem 0.5rem; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 600; font-stretch: inherit; font-size: 18px; line-height: inherit; font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-optical-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline; color: rgb(51, 51, 51); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><br></div><div style="margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline;"><br></div><p>​</p>

Atlanta Market Report - August 2024

<ul><li>​<span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;">What is the housing market like right now?</span></li></ul><p style="margin-left: 25px;"><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;">In August 2024, home prices in Georgia were up 0.4% compared to last year, selling for a median price of $372,300. On average, the number of homes sold was down 7.6% year over year and there were 10,980 homes sold in August this year, down 11,879 homes sold in August last year. The median days on the market was 43 days, up 13 year over year.</span></p><ul><li>​<span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">Are there enough homes for sale to meet buyer demand?</span>​</li></ul><p style="margin-left: 25px;"><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">There were 52,028 homes for sale in Georgia, up 4.6% year over year. The number of newly listed homes was 14,441 and down 14.0% year over year. The average months of supply is 3 months, up 0 year over year.</span></p><ul><li><span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px;"><span style="font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">How competitive is the market?</span></span></li></ul><p style="margin-left: 25px;">​<span style="color: rgb(51, 51, 51); font-family: &quot;Libre Franklin&quot;, -apple-system, BlinkMacSystemFont, Roboto, &quot;Droid Sans&quot;, Helvetica, Arial, sans-serif; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;">In August 2024, 19.8% of homes in Georgia sold above list price, down 7.7 points year over year. 33.2% of homes had price drops, up from 27.0% of homes in August last year. There was a 97.9% sale-to-list price, down 0.75% year over year.</span>​</p><p>​<br></p><p><br></p>

Georgia Market Report - August 2024

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