Prices continue to rise in the Intown Atlanta Market as the Average Sales Price (ASP) for the overall market approaches $800,000. The actual ASP number this month is $799,143, a year-over-year increase of 9% and a two-year increase of 14%. The Number of Days on the Market is 41 days, the same as last month and an increase of 7% over the last year. The Number of Units Sold crept up to 1,416 properties, a slight increase over January’s number and a 7% year-over-year decline in transactions. Over the last two years, the number of sales has fallen by 27%. Finally, sales Volume over the last twelve months increased by 2% to $1,131,586,824.

This month we will concentrate on the Southeast Atlanta communities that are in Fulton County. Once again, we will focus on sales price trends over the last five and ten years. While anchor neighborhoods like Grant Park, Cabbagetown, Reynoldstown, and Ormewood Park have been gentrifying since the 1970s and 1980s, many of these neighborhoods only recently experienced reinvestment on a large scale. Below is a chart showing Average Sale Prices in 2025 compared to the ASP in 2015 and 2020.

In the early 1970s, urban pioneers who were looking for more affordable neighborhoods than those north of DeKalb Avenue and the CSX rail line moved into Grant Park and Ormewood Park. By the 1990s, Cabbagetown and Reynoldstown began to experience gentrification. In the early 2000s, Glenwood Park, a new urban development, was built on the site of a former concrete and lumber company. It has been only in the last ten years that Chosewood Park, Peoplestown and Summerhill began experiencing revitalization. Even though these three communities bordered Grant Park on the south and west, they were stagnant and never experienced much price appreciation until the late 2010s and early 2020s. As an example, in 2015, according to the residential listing service FMLS, there was only one sale in Chosewood Park. The catalyst for Chosewood Park was the anticipation of the Atlanta Beltline and high prices in Grant Park. The Beltline also affected prices in Peoplestown. The Georgia State University/Carter redevelopment of the former home of the Atlanta Braves, Turner Field, and the surrounding commercial properties has had a dramatic effect on prices in Summerhill and to a lesser extend in Peoplestown.

Over the last ten years, neighborhoods like Grant Park, Glenwood Park, Cabbagetown and Ormewood Park have nearly doubled in value. Meanwhile, sales prices in Chosewood Park, Peoplestown, Reynoldstown and Summerhill were up by a factor of 3 to 5 times over the 2015 sales prices. Even in the last five years sales prices in many of these neighborhoods increased by a factor of 1.3 to 1.7 times the 2020 sales prices. While there are still houses considered affordable in some of these communities, they cannot be considered inexpensive neighborhoods anymore.

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