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If you’ve searched “sell home Atlanta” or “sell house Atlanta” recently, we’ve got some good news for you! Although current inflation and interest rates affect the national buyer pool, demand is still high—and still growing—in the Big Peach.
Atlanta is now the sixth-largest metropolitan region in the country—after 1% growth in 2023, its population of 6.3 million residents pushed it ahead of D.C., Philadelphia, and Miami. So, if you’re an Atlanta homeowner looking to sell, that means you’ll find plenty of motivated buyers willing to make an offer if you follow these tips.
Atlanta is one of Zillow’s top 10 hottest markets for 2024, based on home value appreciation, the job market, homeownership levels, and the speed of residential real estate sales. As of May 2024, homes are selling in about 34 days at a median price of $430,000 ($294 per square foot) after receiving an average of two offers.
However, understanding the market for Atlanta home sales means drilling down to the neighborhood level, not just considering national, state, and city trends and cycles. And Atlanta residential properties run the gamut from low-cost to high-luxury neighborhoods.
Seek out a licensed real estate agent, interview multiple professionals, find out how many sales they’ve closed in your neighborhood, and request their take on this hyper-local level of real estate trends.
The preparation stage of selling a home in Atlanta begins well before the property is listed—on average, homeowners spend six months and about $5,400 on costly repairs and remodeling.,
To appeal to prospective buyers, you’ll want to:
The most effective approach to home pricing involves a little more effort than you may have anticipated, but it pays off. Finding the right price tag for your home is key to maximizing profit and reducing the risk of a home sitting too long on the market, losing appeal, and displaying a price drop.
You can typically receive a comparative market analysis (CMA) at no cost from prospective listing agents. They analyze homes that have recently sold plus listings that are similar to the location, size, features, and age of your home.
The best approach to pricing your Atlanta home is to:
Before you land a fair offer, you need to capture potential buyers’ attention. Marketing is where real estate professionals provide you with some of their biggest value—so if your listing agent’s idea of marketing ends with a yard sign and a multiple listing service (MLS), keep looking. Ask potential agents to provide a marketing plan and samples. They will likely also conduct an open house so be sure that the property is properly maintained for a potential buyer to see.
In addition to signage, open houses, and MLS listings, their plan should include:
Additionally, ask potential agents about:
The traditional home selling process in Atlanta takes preparation, effort, and cost. You can up your chances of selling at your list price quickly by understanding your area real estate market trends, pricing your property effectively, and working with a skillful real estate agent who can deliver results.
But before you sign with a listing agent, have you considered all of your options? Truehold's sell and stay transaction can help you cut through the time, stress, and work of a traditional sale.
The sale is accompanied by a lease agreement that allows you to seamlessly transition to renter status. Benefits of a sell and stay transaction include:
Ready to learn more about an Atlanta sell and stay transaction? Call (314) 353-9757, and one of our representatives will reach out to review the process and answer all your questions.
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