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August 2023 Real Estate Market Update

How’s the market?

The Market Action Index dipped just a bit from last month from 52 to 51, but continues to stay in stronger seller territory, signaling that all signs point to a continued Seller’s Advantage. 

How are list prices?

The median list price of homes on the market has come down from the previous month, decreasing to $419,990, down from $424,900 last month. List prices typically follow the direction of the market action index, but your local city or zip code may be different. 

What about mortgage rates?

Mortgage rates remained in the high 6% range in July, hovering around the 7% range at the end of the month. Many experts agree that rates are likely to remain elevated above 7% in the immediate future.

Learn more & ask questions

Path & Post Team continues to be a leading producer in North Atlanta with over 1,-00+ 5-Star Reviews on Zillow & Google. We love talking about the local market and are always eager to answer your questions. Always speak to a real person at (770) 720-4663.

You can also get real-time market data by visiting

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