Atlanta REALTORS® Releases September 2021 Statistics on Housing Market

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The Atlanta REALTORS® Market Brief examines sales, prices in 11-county metro area

Washington – RealEstateRama – Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its September 2021 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties.

Annual Comparison

Sept 2021

Sept 2020

% Change

Total Home Sales




Median Sales Price




Average Sales Price





Monthly Comparison

Sept 2021

August 2021

% Change

Total Home Sales




Median Sales Price




Average Sales Price




Demand: September residential sales were at 6,671, a decrease of 10.1% from the previous year.

Price: Average and median sales prices continue to outpace 2020’s figures, with positive gains. The median sales price in September was $359,000, an increase of 15.8% from last September. The average sales price was $429,500, up 14.5% from the previous year.

Supply: Atlanta area housing inventory totaled 9,202 units in September, a decrease of 27.8% from September 2020. New listings totaled 7,998, down 8.4% from September 2020 and down 8.9% from the previous month. The month’s supply over a 12-month period increased to 1.3 months.

Largest Metro Counties Sales Comparison

Total Units Sold

Median Sales Price

Average Sales Price

















A Word from 2021 Atlanta REALTORS® President Cynthia Lippert:

“As September brings the third quarter of 2021 to a close, we’ve observed the first sustained decline in sales volume since tracking began on the metric in 2015. While prices continue to steadily increase, holding at 14% for August and September, inventory simply cannot keep up. On that front, inventory appears to finally be stabilizing, hovering consistently at just over a month of supply through the summer, though still dramatically under-pacing to demand,” stated Cynthia Lippert, 2021 President of the Atlanta REALTORS® Association.

“Anecdotally speaking, the market is beginning to shift slightly,” says Lippert. “While declines in sales volume are likely to be mostly due to the lack of inventory, a slight cooling of the meteoric price increases we saw in early summer (14% increase in median home price for August and September vs. nearly 30% in May) indicate that buyers may be pulling back. They’re either priced out or deciding to wait it out.” Either way, Lippert stressed that a decline in prices seems unlikely in the near future because of the sustained inventory shortage and interest rates remaining low. “The low rates may entice buyers, but it’s also keeping potential sellers in place, and homes off the market.” And as buyers opt out of the market, whether temporarily or long term, potential sellers may feel the shift more in the cooler months.

The Atlanta REALTORS® Market Brief is designed to offer an overview of the Atlanta residential market by providing a synopsis of sales and home prices, and covers 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Forsyth, Fulton, Gwinnett, Fayette, Henry and Paulding. The numbers in the reports are updated each month to reflect any additional recordings from the previous month. Each month, the numbers reported for the previous month are updated to reflect additional recordings.

For more information or details on the reports, please contact Atlanta REALTORS® at 404-250-0051.


About the ATLANTA REALTORS® Association:

The Atlanta REALTORS® is the voice of residential real estate in Metro Atlanta and has been an instrumental factor in the growth of real estate in the state of Georgia for more than a century. As the largest REALTOR® association in Georgia, ARA serves as a central source of information for its members by focusing on real estate education, the promotion of professionalism in the industry and representing members with legislative initiatives to create positive change for the real estate community. While less than 50% of active real estate licensees in Georgia meet the requirements to become REALTORS®, they constitute 80% of the top producing agents. Membership in ARA is the hallmark of quality, professionalism, and production.

About FMLS:

First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact .


Atlanta REALTORS® Association
Joel McRae, Digital Marketing Specialist
Office: 404.732.0613

Reggie McCrary, Chief Executive Officer
Office: 404.732.0601

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