Recent pace, pricing, and supply can help you choose a firmer next step.
If you are ready to make an offer and want to know how hard to push, I would balance patience with speed. In Atlanta, GA, recent supply stood at 4.61 months, which gives you room to compare, but not room to treat every good property as if it will wait indefinitely.
Last month, Atlanta, GA had 4.61 months of supply, accepted offers averaged 97.5% of asking, and a typical sale took 47 days. That is enough flexibility for negotiation, but it is also enough activity to punish hesitation on the homes that are positioned correctly. The more revealing number may be where contracts are happening. Homes that newly went under contract carried a typical asking price of $450,000, while active homes across the market were typically listed at $360,000. I read that as a signal that some homes are clearly separating themselves from the broader field. Choose your top two or three targets before the weekend starts. Write cleanly on the home that best matches recent contract activity. Hold a tougher line on homes that look overpriced or slow, because recent offers still averaged 97.5% of asking, not full price.
About Donald Maycott
Donald Maycott is a licensed Real Estate Professional affiliated with EXP Realty LLC, specializing in the Atlanta market. With a focus on strategic marketing and deep local knowledge, Donald Maycott provides clients with expert guidance in navigating complex real estate transactions. View full profile →
