How’s the market?
The Market Action Index continues to decrease, heading towards a more balanced market. Currently, it sits at 44, down from last month’s 46, with sellers still maintaining an advantage over buyers even as rates slow demand.
How are list prices?
The median list price of homes on the market has come down from the previous month, decreasing to $400,000, down from $410,000 last month.
What about mortgage rates?
Mortgage rates remain elevated, hovering around the 8% range. Many experts agree that rates are likely to remain in this range for the immediate future, although we may have some ups and downs due to uncertainty in the market.
Learn more & ask questions
Path & Post Team continues to be a leading producer in North Atlanta with over 1,300+ 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 pathpost.com/reports