Atlanta is a city that has experienced a strong boom in the real estate market in recent years, with a continuous flow of new residents and a constantly growing economy. But the big question that many buyers and sellers ask is, Is Atlanta still a seller’s market?

In previous years, Atlanta was considered a seller’s market, meaning that the demand for housing was higher than the available supply. This led to greater competition among buyers and, therefore, higher prices. Although this trend is still true in some parts of the city, the answer today is that Atlanta is becoming a more balanced market and, in some cases, a buyer’s market.

The main reason behind this change lies in the large number of new properties under construction in Atlanta. This has led to an increase in the supply of housing in the city and a greater balance between supply and demand. However, this does not mean that it is an easy market for buyers, as competition is still high in some parts of the city.

Although Atlanta remains a competitive real estate market, the good news is that home prices have started to drop in some areas of the city. This means that buyers will have a greater selection of properties at more affordable prices. However, if you are looking to buy in a part of the city that is still highly in demand, you may still need to compete with other buyers to get the property you want.

In summary, Atlanta is transitioning from being a seller’s market to a more balanced market. With a significant amount of new properties under construction, buyers have more options and, in some cases, better prices. But don’t let this fool you: Atlanta’s market is still competitive and you must be prepared to act quickly and efficiently to secure the property you want.