may 2025 Real Estate Market Update for Athens, GA
Big Real Estate Market Changes in Athens In 2025
Each month, we share real estate market updates focused on Athens, GA, and surrounding areas like Clarke and Oconee Counties. Whether you’re a past client, a current follower, or just someone curious about our local market, this update is for you!
📉 May Market Snapshot
As of May 5th, it’s clear that spring is off to a slower start. Transactions are happening, but volume is down, leading to increased inventory. That creates a mixed market, where conditions vary by price point—buyers may have more leverage in some ranges, while sellers still dominate in others.
We break it all down by tracking:
- 🏠 New Listings
- ⏱️ Average Days on Market
- 💰 Average Sale Price
- 📊 Total Homes Sold
📊 What the Numbers Say:
- New Listings (April): 194 — down 14% YoY
- Days on Market: 60 — up over 23%
- Average Sales Price: $494K — under 7% appreciation
- Homes Sold: 453 YTD (April), 142 for April — down 14%
- Inventory: 473 active listings — nearly double from a year ago
- Pending Sales (April): Only 103 — the slowest April since COVID-era 2020
💡 What This Means:
- We’re in a more balanced market. It’s not a crash, it’s a correction.
- Sellers: Be realistic with pricing. You don’t need a grand slam—a solid two-run home run is still a win.
- Buyers: This could be your opportunity—pricing momentum has slowed and inventory is up.
We’re here to guide you whether you’re:
- Buying a first home
- Selling to upgrade or downsize
- Investing in property
- Searching for a condo for a UGA student
📬 Reach out anytime: Contact Us
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Thanks for watching and being part of our community. Here’s to a great spring ahead! 🌸
— Scott and The 5 Market Realty Team