June Intown Market Report

By Bill Adams, President

For the overall market in June, the Average Sales Price (ASP) is $819,749, a year-over-year increase of 9%, a 16% increase in the last twenty-four months and a slight increase over last month’s number. The Average Number of Days on the Market is 40 days, a 17% increase from last year, a 25% increase from two years ago and a fall of one day from our May 2025 report. Finally, 1,358 properties sold over the last year. This is a 10% decrease in transactions over the last 12 months and an 18% decrease in sales in the last 24 months. This data continues the trend of falling sales as sixteen fewer transactions were recorded this month than over the 12 months that ended in May 2025.

As promised last month, I would like to continue to compare Census Data, Average Sales Prices and current mortgage rates to analyze the disconnect, if any, between household income and affordability within a community. After reviewing the data, I settled on two markets that are still considered affordable. My subjects this month are East Point and West End. As we did last month, we will look at Average Household Income (AHI) and Average Sales Price (ASP) to see if the family income can support the price of a single-family home in the community. The Projected Sales Price based on Average Household Income assumes that a purchaser will have a downpayment of 10% of the purchase price for a 7% fixed rate, 30-year home mortgage with a Front-End Debt to Income (DTI) Ratio of 25%. A 25% Front End DTI Ratio means that 25% of a borrower’s income would be allocated to monthly Principal and Interest payments on a loan.

The Gap between the Average Sales Price and a Projected Sales Price based on Average Household Income is small in both East Point and West End. As you may remember last month, the Gap in the City of Decatur was $260,384 and in Grant Park it was $108,024. Where there is an alignment between Average Household Income and Average Sales Price, an individual or family living in communities like East Point or West End have a better chance of being able to afford a house in their own community than residents of other Intown Atlanta markets.

Our agents work with state-of-the-art demographic and sales information. They are able to identify communities that are uniquely Intown Atlanta and, at the same time, affordable. 

Our team is always standing by to answer any real estate questions you have and to support all of your real estate needs. We’d love for you to be in touch.