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Spring 2025 Market Update: Is Now a Good Time to Buy or Sell a Home in Georgia?

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As the spring season unfolds, so does activity in Georgia’s real estate market. Unlike the fast-paced, unpredictable years of the past, Spring 2025 is bringing signs of balance. Whether you're considering buying your first home or thinking about listing your current property, having a clear understanding of today’s market can help you make informed decisions.

At Gemba Realty, we believe that confident choices start with the right information. Here's what buyers and sellers need to know about the current landscape in Georgia.

Georgia Real Estate Snapshot – Spring 2025

  • Average Home Value: Around $329,000, reflecting modest year-over-year growth.

  • Inventory on the Rise: Active listings across Georgia are up 11% compared to last year. In Metro Atlanta, that jump is even more significant—nearly 24% more homes hit the market last month alone.

  • Mortgage Rates: Currently averaging around 6.6%, rates remain higher than pre-2020 levels but are holding steady.

For Buyers: Opportunities in a Calmer Market

The market today offers more breathing room than in recent years, especially for buyers who previously found themselves priced out or outbid.

Buyer Advantages:

  • More InventoryWith more homes for sale across the state, buyers can expect less competition and more choices.

  • Price FlexibilityAbout 27% of current listings have experienced price reductions, creating opportunities to negotiate better deals.

  • Slower Price GrowthHome prices have stabilized, giving buyers the ability to plan ahead without fear of sudden market shifts.

Buyer Challenges:

  • Affordability PressuresThe income required to comfortably purchase a median-priced home has increased significantly—from approximately $60,000 in 2020 to over $100,000 today.

  • Mortgage CostsWith rates around 6.6%, monthly payments can be steep. Partnering with a knowledgeable lender and REALTOR® can help buyers explore creative financing options.

For Sellers: Smart Strategy Still Wins

While sellers may not see bidding wars the way they did during peak market highs, demand remains steady—especially for well-maintained, properly priced homes.

Seller Advantages:

  • Buyer Demand is HoldingSerious buyers are still active, particularly those who’ve been waiting for the market to stabilize.

  • Move-In Ready Homes Stand OutHomes that are staged, updated, and priced appropriately are continuing to move quickly.

  • Room for StrategyWithout the pressure of a frenzied market, sellers have the opportunity to take a thoughtful, data-driven approach to pricing and presentation.

Gemba Realty’s Perspective

This spring’s market is one of the most balanced we’ve seen in years. For buyers, it's a chance to enter the market with more options and fewer bidding wars. For sellers, it's a great time to capitalize on still-strong demand—if you approach the process strategically.

Whether you're buying, selling, or simply curious about your home’s value, the Gemba Realty team is here to provide expert guidance and local insight.

Ready to Take the Next Step?

Contact us today to schedule a free consultation or explore current listings. No pressure—just real advice from people who know Georgia real estate inside and out.

 
 
 

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