Atlanta’s $1M+ condo market in 2024 faced high inventory and slow sales, creating a buyer’s market. However, late-year improvements and strong new construction sales signal stabilization. When combining resales with new construction, the market remains strong, and in 2025, attention is shifting to resale inventory, creating opportunities for strategic sellers.

The $1M+ condo market in Atlanta during July-December 2024 was a strong buyer’s market, with high inventory and low sales. Sellers faced long listing times, but activity improved in November and December. Buyers enjoyed ample options and negotiating power, while sellers needed competitive pricing to succeed in this challenging market.

The $1M+ condo market in early 2024 shows high inventory and fluctuating sales, with homes often taking over 100 days to sell. April and May saw faster turnover, but June’s slowdown signals a buyer’s market where properties linger, offering strong negotiation opportunities for buyers amid plentiful choices.