FMLS Residential · school

South Atlanta

Closed sales series. Latest median $170,800 (-26.1% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 86 active · 3 under contract · 16 pending. Total residential listings by status: 105.

Data confidence: High. 179 closings in the last 12 months. Enough closings to read a trend.

Latest median$170,800-26.1% YoY
Months of supply9.6Buyer-leaning · 5.8 on 15/mo trailing-12
$/SF$145-14.2% YoY
DOM36-41.0% YoY
Sale/list96.3%77.8% below

Thin market: only 9 closings last month. Medians here move more than in larger cities. Confirm with the parent city or county before you price or offer.

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price-56.8%$170,800 vs $395,000 FMLS-wide
$/SF-22.2%$145 vs $187 FMLS-wide
DOM+9%36 days vs 33 FMLS-wide
Sale/list-2.6 pts96.3% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

89
Buyer window

3-month volume-weighted median $180,120 (-16.7% vs same 3 months last year) on 30 closings. Latest month is $170,800. Confidence: Low (30 closings in 3 months).

3-month $/SF is down 11.8% versus the same 3 months last year.

Months of supply95
9.6 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price95
-16.7% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed95
2.56 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)85
0.18 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced51
33% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend90
+43.8% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Buyer-leaning

9.6 months of supply on last month’s pace (86 active ÷ 9 closings). 5.8 months on the trailing-12 pace (average 15 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 77.8% of last month’s closings were below list. Days on market are down 41% from a year ago.

Homes for sale near South Atlanta, GA →

How homes actually closed

Based on 9 closings. One sale moves these percentages by 11 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list22.2%Within 1% of list
Below list77.8%More than 1% under list
Price reduced33.3%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1816 pending ÷ 89 (active + under contract)
New / closed2.5623 listed in 30 days vs 9 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in South Atlanta

High confidence. 179 closings in the last 12 months.

  • Buyers search this school zone. It is the competitive set for your home, more than the city median.
  • Recent closings center around $240,033. About $158 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 9.6 months of supply on last month’s pace. Expect about 43 days if you price correctly. Longer than that usually means the price is high.
  • 77.8% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale near South Atlanta, GA →

What this means if you are listing in South Atlanta

  • Price to the closed median and $/SF here ($170,800, $145), not the FMLS-wide number. This market is below the FMLS footprint by 56.8% on median.
  • With 9.6 months of supply, expect about 36 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 77.8% of recent closings were below list and 33.3% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale near South Atlanta, GA →

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 33.3% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 57%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k7773.3%
$300–500k2523.8%
$500–750k32.9%

Property types

TypeListedMedian ask
Single Family Residence93$238,000
Townhouse11$265,000
Other1$339,000

86 active, 3 under contract, 16 pending. 23 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 20269$170,800$1453696.3%77.8%33.3%
Aug 20269$187,000$1435195.9%55.6%77.8%
Jul 202612$181,950$1354099.8%41.7%66.7%
Jun 202614$199,000$1582697.5%57.1%42.9%
May 202617$201,000$1553298.6%52.9%47.1%
Apr 202614$268,950$1683099.8%28.6%42.9%
Mar 202620$290,000$1662799.1%50.0%35.0%
Feb 202618$251,750$1595297.6%66.7%61.1%
Jan 202612$188,500$1494598.0%58.3%58.3%
Dec 202518$319,342$1726898.9%50.0%55.6%
Nov 202513$258,800$1738599.1%46.2%69.2%
Oct 202523$256,000$15334100.0%39.1%39.1%
Sep 202526$231,000$1696199.0%52.0%65.4%
Aug 202516$217,500$1513699.4%50.0%50.0%
Jul 202530$202,500$1555599.6%48.3%60.0%
Jun 202516$215,000$1685298.6%50.0%43.8%
May 202520$212,000$1442198.0%65.0%25.0%
Apr 202521$330,000$18122100.0%42.9%33.3%
Mar 202515$211,000$16619100.0%40.0%33.3%
Feb 202523$295,000$19843100.0%30.4%34.8%
Jan 202517$274,150$16179100.0%41.2%52.9%
Dec 202436$292,450$1843999.6%47.2%47.2%
Nov 202416$353,623$18542100.0%37.5%37.5%
Oct 202433$343,750$18333100.0%30.3%45.5%

Below = closed under 99% of list. Reduced = original list higher than final list.

Homes for sale near South Atlanta, GA → · ← FMLS report