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May 2023 Real Estate Market Update

How’s the market?

The Market Action Index continues to stay in stronger seller territory and although dipped slightly from last month, is currently sitting at 53. Despite the slight decrease, this signals a continued Seller’s Advantage during the peak spring market.  

How are list prices?

The median list price of homes on the market has continued to rise from the previous month, increasing to $410,000, up from $399,800 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 held steady in the mid 6% range in April, hovering around the 6.44% range at the end of the month. Many experts agree that rates are likely to remain between 6% – 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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