May 2025 Market Update: What’s Happening in Georgia Real Estate

🏡 Overview

As of May 2025, Georgia's real estate market is experiencing a shift towards balance. While home values have seen modest growth, increased inventory and longer days on market suggest a more favorable environment for buyers.

💰 Home Prices & Sales

• Median Home Value: Approximately $329,110, reflecting a 0.3% year-over-year increase. Zillow
  
  
• Metro Atlanta Median Sales Price: $407,000, remaining steady compared to the previous year. BHHS Georgia
  
  
• Sales Below List Price: In February 2025, 68% of homes in metro Atlanta sold for less than their original listing price, up from 60% the previous year. Axios
  
  

📊 Inventory & Market Dynamics

• Active Listings in Metro Atlanta: 18,261, marking a 37% increase from February 2024. georgiashometeam.com+5BHHS Georgia+5FOX 5 Atlanta+5
  
  
• Months of Inventory: 5.7 months, indicating a move towards a balanced market. BHHS Georgia
  
  
• Average Days on Market: Increased by 18% since February 2024, suggesting homes are taking longer to sell. BHHS Georgia
  
  

🏘️ Regional Highlights

• Atlanta Metro Area: Median sale price at $320,500 in January 2025, with homes going under contract in about 46 days. Modern Real Estate Georgia
  
  
• Savannah, Athens, and Gainesville: Projected home price increases of approximately 3% by August 2025, indicating consistent demand. Modern Real Estate Georgia
  
  

📈 Market Outlook

Experts anticipate a continued trend towards market balance throughout 2025. While buyers may find more opportunities due to increased inventory, sellers should be prepared for longer selling times and the possibility of negotiating on price.Benzinga

📝 Conclusion

The Georgia real estate market in May 2025 presents a more balanced landscape, offering opportunities for both buyers and sellers. Staying informed on market trends and working with a knowledgeable real estate professional can help navigate this evolving market.