published 2/5/2025
The real estate market affects everyone – whether you own a home, plan to one day, or just want to stay informed about the value of properties in your area. Understanding market trends helps you make smart financial decisions, whether now or in the future.
So, what’s happening in the market right now? In a word: normalization. The fast-paced, pandemic-fueled market is behind us, and while we’re not heading for a downturn, things are balancing out. Here are three key trends shaping today’s real estate landscape:
1. More homes for sale = more competition
There are more homes on the market now than we’ve seen in years. For home buyers, this means more choices and less pressure to make snap decisions. If you’ve been waiting for a time when you can explore options without constant bidding wars, that time is now.
For home sellers, it means resetting expectations. Homes are still selling, but they aren’t flying off the market overnight. The right pricing strategy and preparation are crucial to attracting strong offers.
2. Home prices are rising – but at a steady pace
Prices are still going up, just not at the breakneck speed we saw a few years ago. Forecasts suggest a 4% increase in 2025, which reflects a stable, sustainable market.
For sellers, this means pricing correctly from the start is more important than ever. Overpricing can lead to longer days on the market and price reductions down the line.
For buyers, steady appreciation means you’re making a solid long-term investment. Homes are still gaining value, which means buying now allows you to start building equity right away.
3. Condition matters more than ever
Buyers today have more options, which means homes in great condition are selling faster and often at the best prices. Homes that need work? They’re sitting longer. Many buyers aren’t willing to take on major projects after closing, so small repairs and updates before listing can make a big impact. Of course, there is nothing the right list price can’t overcome.
What This Means for You
While these trends are playing out across the country, real estate is hyper-local. What’s happening nationally may not reflect what’s happening in Brookhaven, Buckhead, Sandy Springs, Dunwoody, and your specific neighborhood in the greater North Atlanta area. If you want to know how these shifts affect your neighborhood or home value, let’s talk.
Book a chat with us and we’ll walk you through what you need to know about the market in your area. Whether you’re thinking about buying, selling, or just staying informed, we are here to help with sage advice and gracious service.
