This is your full year (January-December 2025) wrap-up. Lets make sense of what happened during the year and figure out where we are headed.
** Link to Market Metrics page at the bottom of this post. **
All data is for condos priced above $1M
(High-Rise, Mid-Rise + Lofts, no town homes are included)
If 2024 was a year defined by uncertainty, shifting conditions, and uneven momentum, 2025 offered something more meaningful, confirmation. Not confirmation of a breakout market, but confirmation that Atlanta’s $1M+ condo segment is deeper, more active, and more resilient than it appeared during the prior year.
At a surface level, the numbers are strong. Over 120 recorded sales, more than $225 million in total volume, and consistent activity across nearly every month of the year. But what stands out is not just the volume, it’s the structure behind it. This was not a market driven by a handful of trophy transactions. It was supported by a steady flow of deals across a wide range of price points above $1M, reinforcing that demand exists throughout the segment, not just at the very top.
At the same time, the data reveals a market that is far from uniform. The gap between the average and median sale price tells a clear story. Higher-end sales continue to pull averages upward, but the majority of transactions are occurring in a more defined middle range. The core of the market, where most deals are actually happening, sits closer to the $1.2M to $2.0M range, which remains the true center of activity and liquidity.
Price per square foot adds another layer. While average pricing remained strong, the spread between lower and higher price per square foot sales highlights a growing divide between product types. Newer construction, renovated units, and premium buildings consistently commanded stronger pricing, while older or less updated inventory required more competitive positioning to attract buyers. Not all luxury condos performed the same.
That divide becomes even more apparent when looking at days on market and cumulative days on market. Many properties ultimately sold, but often after adjustments, whether through pricing, repositioning, or extended exposure. Buyers did not disappear in 2025, they became more disciplined. They were willing to pay for quality, but only when the product justified it, and patient enough to wait when it didn’t.
This dynamic created what can best be described as a selective but functioning market. Inventory levels, at times, suggested oversupply, but not all inventory was truly competitive. A portion of listings remained on the market due to pricing gaps or product mismatch, inflating supply figures, while well-positioned properties continued to transact steadily. In practice, the pool of truly market-ready inventory was much tighter than the data alone would suggest.
By year-end, the market showed clear signs of improved alignment. Inventory declined, absorption increased, and closed sales picked up. While still technically a buyer’s market by traditional metrics, conditions moved closer to balance. Taken together, 2025 does not read as a year of extremes, but as a year where the market found its footing, shaped not by urgency or weakness, but by informed, deliberate decision-making on both sides of the transaction.
There’s much more to the story. Subscribe for free to unlock detailed market charts and a deeper look at what’s really driving the $1M+ condo market. Log in or get complimentary access below.
Complimentary Insider Access
The charts tell us what happened. The individual sales tell us why. Through my complimentary subscriber section, I’m taking the analysis a step further.
Inside the $1M+ market, see what the charts reveal, with detailed metrics tracking inventory, pending and closed sales, months of inventory, absorption, average price per square foot, and days on market.
Then go beyond the charts to see what the sales reveal, including where buyers are actually spending, what’s influencing the averages, and how 2026 really compares with previous years.
