Tommy's Atlanta Real Estate Weekly

Metro Atlanta's median sale price held at $395,242 in July, nearly unchanged year-over-year (up 0.2%). Active inventory climbed to 42,141 listings, an 11.4% increase from a year ago, pushing months of supply to 5.1 months. That is the highest inventory level we have seen since 2019, and it confirms the market is shifting into a more balanced position. Homes are spending a median of 59 days on market, roughly a week longer than this time last year. Mortgage rates for a 30-year fixed are hovering around 6.5%, which continues to shape how buyers approach their search and why sellers need to lead with a realistic price from day one. This is not a market that rewards waiting, but it is also not one that punishes well-priced, well-presented homes.

Heritage opened this summer in Summerhill at 63 Georgia Avenue, and it is one of the most talked-about new restaurants in Atlanta this year. Chef Demetrius Brown (of Bread & Butterfly) explores the culinary traditions of the African diaspora through a seasonal tasting menu and à la carte dishes served in an intimate cocktail lounge setting. The space is warm, the flavors are bold, and the menu changes regularly based on what is fresh. Summerhill itself has become a dining destination in recent years, and Heritage adds something that feels both elevated and grounded. Reservations are recommended, and it is worth planning a night around.

Old Fourth Ward continues to lead intown appreciation with projected gains of 8-10% this year, driven by BeltLine access, Ponce City Market foot traffic, and new mixed-use developments filling in along the Eastside Trail. The neighborhood draws a mix of young professionals, investors, and families who value walkability, transit connectivity, and proximity to Atlanta's best dining and retail. Homes here command a premium for being within a few blocks of the BeltLine, and the gap between BeltLine-adjacent properties and comparable homes just a few streets over is widening. If you are considering Old Fourth Ward, act quickly when a well-priced listing appears. The demand is steady, and prices reflect what the neighborhood delivers: a genuine intown lifestyle that few other Atlanta neighborhoods can match at this level.

In a market where homes still spend a median of about 60 days on market, it might feel like you have time to browse. But the best properties, the ones priced right and in the best locations, still go under contract faster. The buyers who win those homes are almost always the ones who show up with a pre-approval letter in hand, not just a pre-qualification. A pre-approval means a lender has reviewed your income, assets, and credit, and is ready to fund. That gives sellers confidence that your offer will close, and it gives you the ability to move when the right home comes up. If you are not sure where to start, I can connect you with lenders I trust who will walk you through the process. Getting that step done before you start touring is the single best move you can make as a buyer right now.

The TOUR Championship tees off today through Sunday at East Lake Golf Club, bringing the PGA Tour's season-ending FedExCup playoff to Atlanta. The top 30 players in the world compete for a $40 million purse, and East Lake is one of the most historic courses in the country. Whether you are a serious golf fan or just looking for a great late-summer outing, walking the grounds at East Lake is a fantastic way to spend an afternoon. Tickets are still available at the gate or online. If you go, grab lunch at the course or head over to nearby Kirkwood or Oakhurst for dinner after.

A well-maintained end-unit townhome in a sought-after Metro Atlanta community. This property features traditional brick and vertical siding construction, a bright open layout, and a private outdoor space. Located within walking distance to shopping, dining, and major commuter routes. Move-in ready and priced to attract serious buyers. Contact me for details and to schedule a private showing.