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Atlanta, Georgia is a thriving city that has seen significant growth in recent years, making it an attractive location for both buyers and sellers in the real estate market. According to data from Zillow, the median home value in Atlanta was $247,600 in January 2023, which is an increase of 8.3% over the past year. In addition, the real estate market in Atlanta is considered to be a seller’s market, meaning that there is a high demand for homes and a low supply, which can
work in favor of sellers.
Another reason why Atlanta’s real estate market is favorable for sellers is its strong job market. The city is home to several Fortune 500 companies, as well as a growing start-up community, making it a hub for job opportunities and economic growth. This job market growth has contributed to a rise in population, with more people looking to buy homes in the city.
In addition, Atlanta has a relatively affordable cost of living compared to other major cities, making it a popular destination for people looking to move to a new city. The combination of a strong job market and affordable cost of living has attracted a diverse range of buyers, from young professionals to families and retirees