More Homes Hit the Market as Demand Cools

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We’re seeing a shift in the Atlanta housing scene—something that’s echoed across the US this past month. In the four weeks ending August 23, new listings ticked up by 0.4%, and the total number of homes for sale rose by 0.5%, the highest we’ve seen since early Q2. Yet, even with more choices out there, pending home sales dipped 1.1% to a six-month low. High housing costs—especially with mortgage rates hovering close to 7% (a 13-month high)—are keeping some buyers on the sidelines, even as the median sale price climbs 1.9% year-over-year to over $400,000.

For those still searching, this market offers fresh opportunities. Rising inventory and softer demand mean you have more room to negotiate price cuts or concessions—especially on homes that have been listed for a few weeks. Sellers willing to price realistically are seeing the most success. With our background as builders and over a decade spent guiding Atlanta families through every kind of market, we know how to spot value and help you make the most of these changing conditions. That’s the Team Jackson difference: practical insights, hands-on support, and a deep commitment to helping you find the right fit when the market moves.

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