Festivals Galore

• Atlanta Jazz Festival (May 24-26): Piedmont Park hosts three FREE days of jazz performances by world-renowned and local artists over Memorial Day weekend. (Atlanta Jazz Festival Details)
• Decatur Arts Festival (May 2-4): Downtown Decatur features art, music, comedy, and performances. (Decatur Arts Festival Info)
• Johns Creek International Festival (May 3): Enjoy diverse cultures through food, music, and art at the Atlanta Athletic Club Fields. (FOX 5 Atlanta Even)
• Neighborhood Fun: Check out Tucker Day (May 3), Kirkwood Spring Fling (May 17), Taste of Spring (May 3, Conyers), and the Smoke on the Lake BBQ Fest (May 9-10, Acworth). (Atlanta Events May 2025)
• Unique Vibes: Don’t miss the Whine Walk Run 5K & International Food Festival (May 3), the Acworth Dragon Boat Race & Festival (May 3), and Brew at the Zoo (May 24). (Atlanta Mom Events, FOX 5 Atlanta Events)

Entertainment & Arts

• On Stage: The Fox Theatre presents “Peter Pan” (May 1-4) and “Shucked” (May 20-25), and The Temptations & The Four Tops perform on May 10. (Fox Theatre Events)
• Big Shows: Post Malone performs at Mercedes-Benz Stadium on May 11. (Mercedes-Benz Stadium Events)
• Art & Culture: Enjoy the Marietta Art Walk (May 2) and FREE admission at the High Museum on UPS Second Sunday (May 11). (Atlanta Mom Events)

Family & Community

• Kid-Friendly: The Georgia State Fair runs May 8-18, “Moana 2” screens at Atlantic Station’s Screen on the Green (May 8), and MomoCon takes place May 22-25. (Atlanta Mom Events, Discover Atlanta Events)
• Get Active: Participate in the Atlanta Cycling Festival (May 17-24) or cheer on Atlanta United, the Braves, or the Gwinnett Stripers! (Atlanta Events May 2025)

(Remember to check local listings for more events!)

The Shifting Atlanta Housing Market

The Atlanta housing market is complex. While some indicators lean slightly towards sellers, it’s largely moving towards a more balanced state.

Buyer’s or Seller’s Market?

In fact, one report characterized April as a “Buyer’s Market,” signaling an end to the intense bidding wars seen in previous years. (Rocket Homes Report, Path & Post Market Update)

Increased Inventory: More Choices for Buyers

For buyers, there’s good news! The number of homes for sale is significantly higher than last year. Active listings have seen double-digit percentage increases year-over-year. This means buyers have more options to choose from. (BHHS Georgia Update, Premier Atlanta Real Estate Update)

Slower Sales Pace

Homes are taking longer to sell. The average time on the market is around 45 days in April, a notable increase compared to last year. Overall sales volume has also decreased compared to 2023 and 2024. (Rocket Homes Report, Premier Atlanta Real Estate Update)

Prices and Affordability

While the sales pace has slowed, prices are not declining significantly. Median sale prices show modest year-over-year increases (around 0.3% to 1.3%). However, affordability remains a concern due to current interest rates. (Morningstar Report, Rocket Homes Report)

Increased Negotiation Power for Buyers

The market is becoming more balanced, giving buyers more negotiating power. For example, many sellers are offering concessions, such as help with closing costs, and a majority of homes have been selling for less than the asking price. (FOX 5 Atlanta Report, Rocket Homes Report)

What This Means For You

• Buyers: You have more leverage and choices than in recent years. While you shouldn’t expect significant discounts on the most desirable properties, being prepared and pre-approved for a mortgage is crucial.
• Sellers: It’s more important than ever to price your home appropriately and ensure it presents well. Be prepared to negotiate and potentially offer concessions to attract buyers in a more competitive market.