The Record · Atlanta Residential · 2024
Atlanta residential, 2024
The Record opens on a quarter tipping into winter, rates ticking up from 6.43% to 6.72%.
The baseline the rest of the record is read against: flat value, balanced supply, slowing pace.
30-year fixed, monthly average
6.72%▲
Open 6.43% · High 6.81% · Low 6.43%
Change +0.29 pts on the year
Metro ZHVI
$392,981▼
Open $394,714 · High $394,714 · Low $392,981
Change -0.4% on the year
Active inventory
26,762▼
Open 27,670 · High 27,670 · Low 26,762
Change -3.3% on the year
Months of supply
4.1▲
Open 4.1 · High 4.7 · Low 4.1
Change +0.04 on the year
Median sale price
$361,600▼
Open $366,000 · High $366,000 · Low $361,600
Change -1.2% on the year
Median days to pending
43▲
Open 32 · High 43 · Low 32
Change +11 days on the year
Price-cut share
25.3%▼
Open 31.0% · High 31.0% · Low 25.3%
Change -5.6 pts on the year
01 · Rates and affordability
Rates and affordability
The year's rate path set the affordability math for every corridor file.
FREDDIE MAC PMMS VIA FRED · UNITED STATES · OCT-DEC 2024 · MONTHLY AVERAGE, PERCENTConstruction is The Record's own. Freddie Mac Primary Mortgage Market Survey, series MORTGAGE30US.
How it got here
Opened at 6.43% and closed 6.72%, a move of +0.29 pts against the since-1971 norm of 7.68%.
The other side
The ten-year Treasury led the path, so the year's move was a base-rate move, not a widening spread.
In the corridor
Every hundred basis points on the 30-year reshaped the north-metro payment stack more than any price move did.
02 · Prices and valuations
Prices and valuations
Value drifted while the mix of what sold moved the headline median.
ZILLOW RESEARCH · ATLANTA METRO AND COUNTIES · OCT-DEC 2024 · ZHVI, MID-TIER, $Construction is The Record's own. Zillow Research ZHVI, metro and county, mid-tier seasonally adjusted.
How it got here
The metro ZHVI ran from $394,714 to $392,981, a change of -0.4% on the year.
The other side
Typical value and the median sale price can diverge: a richer mix of closings lifts the median even when the index drifts.
In the corridor
Fulton's typical value held near $434K, above the metro, the corridor's premium band.
03 · Inventory and supply
Inventory and supply
Supply is where the year broke from the prior two.
ZILLOW RESEARCH · ATLANTA METRO · OCT-DEC 2024 · ACTIVE LISTINGS, COUNTConstruction is The Record's own. Zillow Research active for-sale inventory, metro.
How it got here
Active listings ran from 27,670 to 26,762, a change of -3.3% across the year.
The other side
The build came from accumulation, homes listing at a normal pace and clearing slowly, not from a flood of new listings.
In the corridor
More selection and more time is a buyer's condition; for a seller it is the year the default advantage narrowed.
04 · Buyer and seller activity
Buyer and seller activity
The pace carried the year's negotiation, not the asking price.
ZILLOW RESEARCH · ATLANTA METRO · OCT-DEC 2024 · MEDIAN DAYS TO PENDINGConstruction is The Record's own. Zillow Research median days to pending, metro.
How it got here
Days to pending ran from 32 to 43, a change of +11 days on the year.
The other side
Clearing shifted to concession and days rather than a cut at the list price, which the price-cut share tracked.
In the corridor
A listing that would have cleared in a weekend now waits, so pricing to the corridor's pace matters more than the asking headline.
05 · The month reads
The month reads
Each month of 2024, its one-sentence read and three figures, linking to the full page: three months, October to December.
What the year meant
- For a buyer
The quarter set the baseline: flat value, balanced supply, a winter slowdown with a rate headwind.
- For a seller
The price-cut thinning was seasonal, not strength; the record reads forward from here.
- For a practice
Enter 2025 flat on value, balanced on supply, slowing on pace, with the rate the swing factor.
What to watch
- The rate direction into early 2025, the quarter's one live signal.
- Whether the winter inventory draw-down reverses with the spring listings.
- Whether the pace that slowed into December firms as rates settle.
The close · Sources
Sources and method
Sources and method
Rates from Freddie Mac PMMS via FRED (MORTGAGE30US, MORTGAGE15US) and the US Treasury (DGS10). Values, inventory, pace, price cuts, and rent from Zillow Research, pulled for the month each figure summarizes. Months of supply and the payment stack are computed from those public series; the long-run norm on the rate exhibit is the since-1971 average from the history base. Each month page states its own vintage; nothing here is backdated.
Data credits. Source: Federal Reserve · Source: Freddie Mac via FRED · Data Provided by Zillow Group
The Record · Atlanta residential · 2024 · Year snapshot · compiled October 2026
Educational, not professional advice. Nothing on this page is affiliated with or endorsed by its publisher.