We’re seeing a subtle shift in the housing market: in the four weeks ending August 23, new listings across the US edged up by 0.4% week-over-week, and total homes for sale increased by 0.5%—reaching their highest point since early Q2. At the same time, pending home sales dipped by 1.1% (hitting a six-month low), as high housing costs kept some buyers on the sidelines, even as choices expanded nationwide. The median home-sale price rose 1.9% year-over-year, holding above $400K, with average mortgage rates hovering near 7%, close to a 13-month high. This rise in inventory, paired with softer demand, is creating more buyer-friendly conditions in many markets. Active buyers are finding increased opportunities to negotiate price cuts or concessions, especially on homes that have been listed several weeks. For sellers, realistic pricing—grounded in current market data rather than past peaks—continues to be the most effective strategy. As always, my focus is on interpreting these trends and providing tailored, data-driven guidance to help you navigate your next move with confidence.
Expert Tips for Selling Your Home This Fall and Winter | Estate Concierge guidance for North Metro Atlanta. Nearly 20 years of experience. Contact Zach → acmerealestatecompany.com
