FMLS Residential · Closed sales + live inventory

Residential Market Report

The monthly deep dive and live flash for single-family homes, townhomes, and condos across the FMLS footprint in Georgia. What closed, for how much, how fast, and whether buyers or sellers have leverage right now. Aggregates only.

Closed sales through November 2026. Live inventory snapshot Nov 4, 2026, 2:13 PM EST. 29,461 active.

Copyright 2026 JeffCroweCRE · Data sourced from FMLS · Copyright 2026 First MLS. Information deemed reliable but not guaranteed.

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Median close$395,000+0.0% YoY
Months of supply7.0Buyer lean · 5.1 trailing-12
Active inventory29,4615,656 pending incl. under contract
DOM34+6.3% YoY
Sale/list98.7%53.8% below list

Key findings, Oct 2026

Every line is computed from the tables on this page. Free to quote with a link back.

  1. 4,234 residential closings in Oct 2026 across the FMLS footprint at a median $395,000, flat from a year earlier.
  2. Trailing 12 months: 69,548 closings (-3.9% versus the prior 12) and $35.28B in closed volume.
  3. 7.0 months of supply on the latest month of sales (5.1 on the 12-month pace), from 29,461 active listings. Pending and under contract are excluded.
  4. 53.8% of Oct 2026 closings sold below list and 43.8% had a price reduction before closing.
  5. Median days on market for closed sales was 34 (+6.3% YoY).
  6. The live median asking price is $423,900, 7.3% above the latest closed median.

Market temperature

Months of supply = active listings ÷ latest month closed. Pending and under contract are excluded (already committed). Trailing-12 uses the 12-month average sales pace. Under 4 = seller lean, 4–6 = balanced, above 6 = buyer lean.

Buyer-leaning

7.0 months of supply. Above 6 months. More negotiating room, especially on homes that have sat. 53.8% of closings were below list.

7.0 months of supply · 29,461 active · Sale-to-list 98.7% · Median DOM 34. See homes for sale across Georgia →

Supply
7.0

29,461 active against 4,234 closings last month. Trailing-12 is 5.1 months. 8,920 listed in the last 30 days. 5,656 pending, including 1,231 active under contract (excluded from supply).

Pricing power
$395,000

Market-wide median close is up 0.0% from a year earlier. Live median ask is $415,000. Sale-to-list at 98.7%.

Velocity
34 DOM

4,234 closings this month (-31.2% YoY). Days on market +6.3%. Homes that sit past 30 days are where negotiation usually appears.

$/SF
$186

Closed price per square foot up 0.1% YoY. Use this more than raw median when comparing neighborhoods of different sizes.

Leading signals

Pending / (active + under contract)0.144,425 pending only ÷ 30,692 active+under contract · 0.15 on active only
New / closed2.118,920 listed in 30 days vs 4,234 closed last month
30-year rate7.24%Freddie Mac PMMS · 2026-10-29. Payment math, not a price forecast.
Softening

More homes are coming on than are selling, demand is not absorbing the stock, and closed sales are already showing more reductions and longer days on market. Expect more inventory and more negotiating room over the next 30–90 days. Closed prices lag, so the median has not fully reflected this yet.

New/closed above 1.2 means listings are arriving faster than sales. Pending/active under ~0.4 means demand is not absorbing the stock. Price reductions are up 17% over the last 6 months. DOM is up 35%. Monthly closings are down 27%. At 7.24% on a $395,000 median (20% down, 30-year), principal and interest is roughly $2,154/mo before taxes and insurance.

How homes actually closed

Above list11.7%Closed more than 1% over list
At list34.4%Closed within 1% of list
Below list53.8%Closed more than 1% under list
Price reduced43.8%Original list was higher than final list

This is the closed distribution, not the median ratio. A high share below list with a high reduction rate usually means buyers have room on homes that have sat.

What this means if you are listing in the next 60 days

  • Price to the closed median and $/SF in your specific county or neighborhood, not the market-wide number. Market-wide live median ask is $415,000.
  • With 7.0 months of supply, expect a median of about 34 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 53.8% of recent closings were below list and 43.8% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory in your city or county for the actual competition before you set the number.

What this means if you are making an offer

  • Supply is elevated. You have more room than in a seller’s market, especially on homes past 30 days.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 43.8% of recent closings had a price reduction.
  • Use the neighborhood and ZIP pages for the micro-market, not the statewide median. Entry-level and higher-end often behave differently.
  • Closed prices are lagging. Confirm current supply on the live inventory page before you assume the temperature has not shifted.
Median close price · 2021-11 – 2026-10
2021-112026-10

Monthly deep dive

Closed FMLS residential sales through Oct 2026, data as of November 2026. Period rows use volume-weighted medians across months, so one thin month cannot fake a move.

PeriodClosedVolumeMedian$/SFDOMSale/listAboveBelowReduced
Oct 2026Latest month4,234$2.15B$395,000$1863498.7%11.7%53.8%43.8%
Sep 2026Prior month5,378$2.72B$395,000$1873398.8%12.3%51.6%41.7%
Oct 2025Same month last year6,157$3.05B$395,000$1853298.9%11.6%51.6%42.9%
Last 3 monthsVolume-weighted15,460$7.78B$396,513$1863298.8%12.1%51.6%42.0%
Same 3 months last yearVolume-weighted18,456$9.13B$399,973$1873298.9%11.4%51.7%42.9%
Last 12 monthsVolume-weighted69,548$35.28B$403,365$1883099.0%12.9%50.0%38.9%
Prior 12 monthsVolume-weighted72,352$36.17B$402,534$1912899.3%13.2%48.0%38.5%

Last 12 months versus the prior 12: closings -3.9%, volume -2.5%, median +0.2%, $/SF -1.3%, DOM +7.6%.

36-month charts

Closed sales per month · 2023-11 – 2026-10
2023-112026-10

Latest 4,234 · 36-month high 7,467 · low 3,816

Median close price · 2023-11 – 2026-10
2023-112026-10

Latest $395,000 · 36-month high $425,000 · low $384,000

Median close $/SF · 2023-11 – 2026-10
2023-112026-10

Latest $186 · 36-month high $198 · low $182

Median days on market (closed) · 2023-11 – 2026-10
2023-112026-10

Latest 34 · 36-month high 44 · low 14

Median sale-to-list ratio · 2023-11 – 2026-10
2023-112026-10

Latest 98.7% · 36-month high 100.0% · low 98.4%

Share of closings below list · 2023-11 – 2026-10
2023-112026-10

Latest 53.8% · 36-month high 56.7% · low 37.6%

Share of closings with a price reduction · 2023-11 – 2026-10
2023-112026-10

Latest 43.8% · 36-month high 44.8% · low 26.7%

Closed dollar volume per month · 2023-11 – 2026-10
2023-112026-10

Latest $2.15B · 36-month high $3.91B · low $1.83B

By year

YearClosedVolumeMedian$/SFDOMSale/listBelowReduced
2026 (10 mo)58,551$29.83B$405,249$1892999.1%49.3%37.9%
202572,264$36.14B$401,486$1902999.2%48.7%39.0%
202472,650$35.92B$404,832$1932299.7%43.3%33.3%
202372,838$34.25B$390,484$1881899.9%40.0%29.7%
202287,474$39.88B$385,001$18511100.4%30.3%21.8%
2021 (2 mo)16,975$7.14B$357,503$16910100.0%27.1%18.5%

Partial years show the months covered. The series starts Nov 2021, so the first year may be partial too.

Monthly series, last 24 months

Closed residential sales. Most recent months first. Medians require at least 5 priced closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Oct 20264,234$395,000$1863498.7%53.8%43.8%
Sep 20265,378$395,000$1873398.8%51.6%41.7%
Aug 20265,848$399,000$1863099.0%50.1%41.0%
Jul 20266,659$415,000$1902799.2%48.3%38.5%
Jun 20267,381$415,307$1922499.3%47.4%36.1%
May 20267,208$414,900$1932199.4%45.8%33.4%
Apr 20266,625$413,000$1922499.4%46.8%33.4%
Mar 20266,497$399,000$1892999.2%48.2%35.9%
Feb 20264,905$399,900$1884199.0%50.4%38.0%
Jan 20263,816$390,000$1824498.4%56.7%43.9%
Dec 20256,077$392,800$1853898.7%53.9%44.8%
Nov 20254,920$394,000$1873398.8%52.6%43.3%
Oct 20256,157$395,000$1853298.9%51.6%42.9%
Sep 20256,118$399,900$1863398.8%52.3%44.1%
Aug 20256,181$405,000$1903098.9%51.2%41.8%
Jul 20256,624$410,000$1912799.2%47.7%39.2%
Jun 20257,159$415,000$1952299.5%45.7%35.2%
May 20257,176$408,000$1942199.9%43.5%33.8%
Apr 20256,748$405,000$19521100.0%43.0%32.9%
Mar 20256,068$400,000$1922799.5%45.3%35.3%
Feb 20254,907$391,370$1903599.0%49.6%37.5%
Jan 20254,129$390,000$1883898.9%51.3%41.1%
Dec 20245,844$400,468$1903399.1%49.3%41.4%
Nov 20245,241$400,000$1922899.1%48.5%39.4%

Medians blank when a month has fewer than 5 priced closings. Sale-to-list clipped to 50–150%. Below = closed under 99% of list. Reduced = original list higher than final list.

Live flash

Current residential inventory across the FMLS footprint, snapshot Nov 4, 2026, 2:13 PM EST. This moves daily; the closed tables above move monthly. Asking prices, not sale prices.

Active29,461Available to buy
Under contract1,231Active under contract
Pending5,656Includes 1,231 active under contract
New, 7 days1,9938,920 in 30 days
Months of supply7.05.1 on 12-month pace
Median ask$423,900+7.3% vs closed median
Median ask $/SF$195$186 closed
Median DOM, active5934 for closed sales
Pending ratio0.14Pending / (active + under contract)
New / closed2.1130-day new vs last month closed

Active by price band

BandActiveShare
Under $300k6,88323.4%
$300k to $500k11,72239.8%
$500k to $750k5,96420.2%
$750k to $1M2,3007.8%
$1M+2,5928.8%

Active by bedrooms

BedroomsActiveShare
1 to 2 bedrooms3,89413.2%
3 bedrooms10,39835.3%
4 bedrooms8,76329.8%
5+ bedrooms6,36221.6%

All listings by property type

TypeListedMedian ask
Single Family Residence27,747$444,900
Townhouse4,482$359,007
Condominium2,887$275,000
Other1$339,000

Months of supply by price band needs closed sales by band, which the closed series does not carry yet. Band tables show where the competition sits, not how fast each band sells.

By county

Latest closed month plus the trailing 12 months, joined to live active inventory. Months of supply here uses the 12-month sales pace. Score is a 0 to 100 closed-sale screen (higher = more buyer room), not a forecast. Sorted by latest-month closings.

CountyClosedMedian3-moYoY12-mo closed12-mo median$/SFDOMBelowActiveMOSScore
Fulton market report743$485,000$475,659+5.7%11,694$484,056$2383358.4%5,4715.659Homes for sale in Fulton County, GA
Cobb market report523$425,000$426,803+1.0%8,512$436,621$1942753.0%2,7923.962Homes for sale in Cobb County, GA
Gwinnett market report509$410,000$411,757+0.0%9,328$418,495$1743058.1%3,6634.767Homes for sale in Gwinnett County, GA
Dekalb market report406$364,000$369,889+10.3%7,193$379,642$1973153.8%2,6574.457Homes for sale in Dekalb County, GA
Cherokee market report246$485,000$486,043-3.0%4,088$482,837$2103154.3%1,4174.268Homes for sale in Cherokee County, GA
Forsyth market report187$590,000$596,873-1.7%3,231$610,766$2163772.0%1,3335.075Homes for sale in Forsyth County, GA
Henry market report143$355,000$351,600+4.1%1,778$352,935$1473436.6%1,0016.840Homes for sale in Henry County, GA
Hall market report139$420,000$403,033+0.2%2,553$406,208$1814361.2%1,1305.378Homes for sale in Hall County, GA
Paulding market report131$347,000$358,638-4.9%2,466$362,060$1673643.1%9184.566Homes for sale in Paulding County, GA
Clayton market report109$245,000$235,488+1.7%1,499$246,850$1412542.6%6545.250Homes for sale in Clayton County, GA
Bartow market report101$329,899$326,607-12.5%1,392$337,996$1713152.5%6195.368Homes for sale in Bartow County, GA
Douglas market report98$308,950$311,310-4.9%1,423$312,234$1473950.5%6045.172Homes for sale in Douglas County, GA
Jackson market report69$403,500$424,848-7.9%1,341$429,907$1876549.3%7246.568Homes for sale in Jackson County, GA
Walton market report69$430,000$392,504+8.2%1,172$413,445$1854040.6%5195.360Homes for sale in Walton County, GA
Barrow market report68$354,321$357,578-4.5%1,175$366,626$1694025.4%4714.866Homes for sale in Barrow County, GA
Newton market report66$296,950$301,084-5.7%994$303,658$1513643.9%4295.260Homes for sale in Newton County, GA
Carroll market report63$281,850$294,554-4.4%918$297,129$1653543.5%3995.248Homes for sale in Carroll County, GA
Floyd market report54$270,740$268,831+7.1%824$263,977$1573848.1%3354.948Homes for sale in Floyd County, GA
Rockdale market report51$300,000$296,536-6.3%965$306,265$1474641.2%3814.766Homes for sale in Rockdale County, GA
Gordon market report41$275,000$281,579-4.8%581$291,769$1744048.8%2284.767Homes for sale in Gordon County, GA
Coweta market report40$391,628$392,101-2.1%516$390,748$1653657.5%2435.763Homes for sale in Coweta County, GA
Pickens market report34$437,000$419,877+5.0%565$401,830$1915473.5%3266.966Homes for sale in Pickens County, GA
Polk market report31$276,000$268,122+8.2%382$267,544$1673754.8%1334.255Homes for sale in Polk County, GA
Dawson market report29$420,000$434,552-6.6%609$425,387$2283165.5%2955.860Homes for sale in Dawson County, GA
Gilmer market report26$406,389$421,142-19.5%355$449,090$2553261.5%36012.271Homes for sale in Gilmer County, GA
Lumpkin market report25$405,000$382,783+8.0%386$383,166$2034860.0%1645.170Homes for sale in Lumpkin County, GA
Fannin market report22$739,500$669,852+4.5%239$690,528$3048272.7%23611.889Homes for sale in Fannin County, GA
Fayette market report19$430,400$448,495+3.0%356$472,096$1947047.4%2508.472Homes for sale in Fayette County, GA
Haralson market report13$285,500$310,992-0.7%237$310,211$1791346.2%743.738Homes for sale in Haralson County, GA
Habersham market report12$365,704$395,060-2.5%209$372,965$1733166.7%1347.741Homes for sale in Habersham County, GA

30 counties clear the sample gate. Together: 66,981 closings in the last 12 months and 27,960 active listings. Counties outside the FMLS footprint are not in this report.

By city

The 40 cities with the most closings in November 2026 (15 or more). YoY is the 3-month volume-weighted median versus the same 3 months a year earlier, when the city clears that gate. All cities →

CityClosedMedian3-mo YoY$/SFDOM5-yr closings
Atlanta market report549$415,000+1.7%$2533351,608
Marietta market report231$469,000+2.5%$2022618,792
Cumming market report144$584,000-2.2%$2134112,699
Lawrenceville market report117$382,500-2.1%$1683213,319
Decatur market report107$301,800+7.1%$2034110,544
Canton market report105$535,000+2.9%$207338,591
Woodstock market report101$440,000-3.6%$213318,185
Alpharetta market report94$733,500+1.5%$256418,907
Gainesville market report91$399,900-4.6%$188427,111
Dallas market report80$345,000-0.4%$169378,663
Kennesaw market report78$391,000-2.3%$192155,762
Douglasville market report77$299,900-7.0%$144366,765
Acworth market report75$409,000-3.3%$179257,085
Mcdonough market report74$355,450-0.1%$145344,244
Roswell market report71$687,500+1.9%$248226,335
Cartersville market report67$335,000-6.2%$166424,557
Snellville market report61$348,000-1.4%$181275,014
Covington market report59$298,900-4.2%$153354,879
Stone Mountain market report57$279,000+5.4%$140255,536
Buford market report54$463,690-1.2%$190385,677
Conyers market report51$300,000-3.7%$147474,795
Smyrna market report50$517,500+6.1%$219346,212
Sandy Springs market report50$805,000-1.9%$232183,107
Loganville market report49$400,000-5.6%$164475,750
Suwanee market report46$581,000+1.3%$204355,120
Rome market report44$270,740+7.2%$152463,239
Villa Rica market report43$289,888-2.9%$155482,758
Johns Creek market report43$690,000-4.8%$216282,248
Duluth market report42$439,750-5.6%$199324,284
Lithonia market report40$259,995+0.7%$132335,022
Powder Springs market report38$359,000+1.4%$163294,494
Hoschton market report38$576,740+3.5%$186623,350
Lilburn market report38$400,000-1.3%$166193,260
Fairburn market report33$345,000+1.1%$156452,907
Dacula market report32$493,500-0.5%$155333,982
Mableton market report32$414,895-1.8%$193293,071
Calhoun market report32$275,000-4.0%$173442,168
Winder market report31$339,990-3.8%$164422,910
Jonesboro market report31$242,100-6.5%$151212,612
Stockbridge market report31$320,500-4.0%$149402,220

Markets trending up and down

3-month volume-weighted median versus the same 3 months a year earlier. Minimum volume required. A big move can still be mix, not appreciation. Click through for the full series.

Cities

Trending up
Trending down

ZIPs

Trending up
Trending down

Schools

Trending up
Trending down

Investor markets

Renter-heavy ZIPs ranked by voucher yield (2-bedroom SAFMR x 12 / closed median). Calculated, not a return. Each opens the ZIP report with rent economics and closed sales. Open the finder →

ZIPVoucher yieldClosed median$/SFDOMRenter share
30035 Stonecrest / Lithonia9.1%$225,000$1275145.1%
30297 Forest Park8.9%$173,750$1403164.5%
30238 Jonesboro8.8%$225,000$1562640.1%
30058 Lithonia8.3%$239,000$1294439.4%
30274 Riverdale8.2%$207,000$1353451.8%
30088 Stone Mountain7.9%$245,000$1422340.6%
30344 East Point7.6%$240,000$1504857.5%
30308 Midtown7.4%$363,200$3595965.7%

Drill down

Every geography that clears the sample gate has its own series and a link to live inventory.

Cite this report

Journalists, lenders, and analysts are welcome to quote these numbers. Please link to this page and name FMLS as the source.

Suggested citation

Jeff Crowe CRE, Residential Market Report (FMLS footprint, Georgia), November 2026. Aggregated from FMLS closed and active residential listings. https://www.jeffcrowecre.com/residential/market-reports

Copy-ready lines

  • 4,234 residential closings in Oct 2026 across the FMLS footprint at a median $395,000, flat from a year earlier. (Source: Jeff Crowe CRE analysis of FMLS data.)
  • Trailing 12 months: 69,548 closings (-3.9% versus the prior 12) and $35.28B in closed volume. (Source: Jeff Crowe CRE analysis of FMLS data.)
  • 7.0 months of supply on the latest month of sales (5.1 on the 12-month pace), from 29,461 active listings. Pending and under contract are excluded. (Source: Jeff Crowe CRE analysis of FMLS data.)
  • 53.8% of Oct 2026 closings sold below list and 43.8% had a price reduction before closing. (Source: Jeff Crowe CRE analysis of FMLS data.)

Need a county, city, ZIP, or school pulled for a story? Contact Jeff.

Buying or selling in the next 90 days?

Get the county, city, or neighborhood numbers that apply to your home, not the footprint median.

Questions

What does this residential market report cover?

Closed residential listings aggregated monthly by county, city, ZIP, high school, and neighborhood, joined with live active inventory for months of supply and price-band segmentation. Only geographies with enough recent volume to publish a median are shown.

How is months of supply calculated?

Active listings only (not pending or under contract) divided by the latest month of closed Residential sales. A trailing-12 figure divides the same active count by the average monthly closings over the last 12 months, so one soft month does not swing the gauge. Under 4 months is generally seller-leaning; 4–6 is balanced; above 6 is buyer-leaning.

What does % below list mean?

The share of closed sales that closed below 99% of list price. Above list is above 101%. At list is 99–101%. Price-reduction rate is the share of closings where the original list price was higher than the final list price.

How far back does the data go?

The current closed series covers the last five years. Live inventory and price bands are current as of the residential snapshot.

How often is it updated?

Closed series monthly. Live inventory refreshes on the residential snapshot cadence. The as-of date is shown at the top of the page.

Can I cite these numbers?

Yes. Link back to jeffcrowecre.com/residential/market-reports and note the data is aggregated from FMLS residential closings, deemed reliable but not guaranteed.

What is the opportunity score?

A 0–100 screening score. Higher means more buyer room: softer year-over-year price, more reductions, longer days on market, more sales below list. On pages with live inventory it also uses months of supply, new listings versus closings, and the pending ratio. It is not a validated model and not an appraisal.