Atlanta REALTORS Releases April 2020 Statistics on Housing Market

Staff Report From Metro Atlanta CEO

Wednesday, May 13th, 2020

Atlanta REALTORS Association, the largest association of its kind in Georgia, released its April 2020 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties.    

Annual Comparison


April, 2020

April, 2019

% Change

Total Home Sales




Median Sales Price




Average Sales Price





Monthly Comparison


April, 2020

March, 2020

% Change

Total Home Sales




Median Sales Price




Average Sales Price




Demand: April residential sales were at 4,071, a decrease of 25.8% from the previous year.

Price: Average and median sales prices continue to gain traction and outpace 2019’s figures, with positive gains. The median sales price in April was $305,000, an increase of 8.9% from last April. The average sales price was $366,000, up 5.5% from the previous year.

Supply: Atlanta area housing inventory totaled 11,994 units in April, a decrease of 13.4% from April, 2019. New listings totaled 3,716, down 32.2% from April, 2019 and down 18.3% from the previous month. The month’s supply over a 12-month period increased to 2.4 months.

Largest Metro Counties Sales Comparison


Total Units Sold

Median Sales Price

Average Sales Price

















A Word from 2020 Atlanta REALTORS President Jennifer Pino: 

"As expected, the housing market in Atlanta experienced a significant reduction in sales for April with a 25% decline from 2019. Overall, sales through the first four months of 2020 are still equal to the same time period last year," said Jennifer Pino, President of Atlanta REALTORS Association. "Total sales in May should continue to reflect a reduction from 2019 but with the removal of the Shelter in Place Order at the end of April, activity has rebounded quickly and pending sales project a strong summer market."