Atlanta-Sandy Springs-Alpharetta Home Prices Up 1.0% Year Over Year in January, According to First American Data & Analytics Monthly Home Price Index Report
First American Data & Analytics released its January 2025 Home Price Index (HPI) report, showing that the Atlanta-Sandy Springs-Alpharetta market experienced a 1.0% year-over-year increase in home prices, while declining 0.1% month-over-month.
Nationally, house price growth slowed to its lowest pace since June 2023, with a 3.3% year-over-year increase. The luxury market segment showed particular strength, with the Atlanta metro area recording a 4.8% increase in luxury tier prices, compared to 2.0% in mid-tier and 1.2% in starter homes.
Chief Economist Mark Fleming attributes the slowdown to elevated mortgage rates reducing buying power and increasing inventory levels. The luxury market remains resilient, with prices growing in 25 of 28 tracked markets, supported by cash buyers less affected by the lock-in effect. National sales of homes priced over $1 million jumped 35%, while homes in the $750,000-$1 million range increased 33%.
First American Data & Analytics ha pubblicato il suo report sull'Home Price Index (HPI) di gennaio 2025, mostrando che il mercato di Atlanta-Sandy Springs-Alpharetta ha registrato un incremento dell'1,0% su base annua nei prezzi delle abitazioni, mentre è diminuito dello 0,1% su base mensile.
A livello nazionale, la crescita dei prezzi delle case ha rallentato al suo ritmo più basso da giugno 2023, con un incremento del 3,3% su base annua. Il segmento del mercato di lusso ha mostrato una particolare forza, con l'area metropolitana di Atlanta che ha registrato un incremento del 4,8% nei prezzi delle abitazioni di lusso, rispetto al 2,0% delle abitazioni di fascia media e all'1,2% delle abitazioni di partenza.
Il Capo Economista Mark Fleming attribuisce il rallentamento ai tassi di interesse sui mutui elevati che riducono il potere d'acquisto e aumentano i livelli di inventario. Il mercato di lusso rimane resiliente, con i prezzi in crescita in 25 dei 28 mercati monitorati, supportati da acquirenti in contante meno colpiti dall'effetto lock-in. Le vendite nazionali di case con un prezzo superiore a $1 milione sono aumentate del 35%, mentre le case nella fascia $750.000-$1 milione sono aumentate del 33%.
First American Data & Analytics publicó su informe del índice de precios de viviendas (HPI) de enero de 2025, mostrando que el mercado de Atlanta-Sandy Springs-Alpharetta experimentó un incremento del 1,0% interanual en los precios de las viviendas, mientras que disminuyó un 0,1% mensual.
A nivel nacional, el crecimiento de los precios de las casas se desaceleró a su ritmo más bajo desde junio de 2023, con un incremento del 3,3% interanual. El segmento del mercado de lujo mostró una fuerza particular, con el área metropolitana de Atlanta registrando un incremento del 4,8% en los precios de la vivienda de lujo, en comparación con el 2,0% en la vivienda de nivel medio y el 1,2% en las viviendas de inicio.
El economista jefe Mark Fleming atribuye la desaceleración a las altas tasas de interés hipotecario que reducen el poder de compra y aumentan los niveles de inventario. El mercado de lujo sigue siendo resistente, con precios en aumento en 25 de los 28 mercados monitoreados, apoyados por compradores en efectivo menos afectados por el efecto de retención. Las ventas nacionales de casas con un precio superior a $1 millón aumentaron un 35%, mientras que las casas en el rango de $750,000 a $1 millón aumentaron un 33%.
First American Data & Analytics는 2025년 1월 주택 가격 지수(HPI) 보고서를 발표하며, 애틀랜타-샌디 스프링스-알파레타 시장이 주택 가격에서 전년 대비 1.0% 증가를 경험했지만, 월별로는 0.1% 감소했다고 밝혔습니다.
전국적으로 주택 가격 상승률은 2023년 6월 이후 가장 낮은 속도로 감소했으며, 전년 대비 3.3% 증가했습니다. 고급 시장 세그먼트는 특히 강세를 보였고, 애틀랜타 대도시 지역은 고급 주택 가격에서 4.8% 증가를 기록했습니다. 중간 가격대는 2.0%, 초급 주택은 1.2% 증가했습니다.
최고 경제학자 마크 플레밍은 주택 담보 대출 금리가 높아져 구매력이 감소하고 재고 수준이 증가한 것을 둔화의 원인으로 분석했습니다. 고급 시장은 여전히 탄력적이며, 28개 추적 시장 중 25개 시장에서 가격이 상승하고 있으며, 현금 구매자들이 잠금 효과에 덜 영향을 받기 때문에 지지받고 있습니다. 전국적으로 100만 달러 이상의 주택 판매가 35% 증가했으며, 75만 달러에서 100만 달러 사이의 주택도 33% 증가했습니다.
First American Data & Analytics a publié son rapport sur l'indice des prix des maisons (HPI) de janvier 2025, montrant que le marché Atlanta-Sandy Springs-Alpharetta a connu une augmentation de 1,0% sur un an des prix des maisons, tout en enregistrant une baisse de 0,1% par rapport au mois précédent.
Au niveau national, la croissance des prix des maisons a ralenti à son rythme le plus bas depuis juin 2023, avec une augmentation de 3,3% sur un an. Le segment du marché du luxe a montré une force particulière, avec la région métropolitaine d'Atlanta enregistrant une augmentation de 4,8% des prix des biens de luxe, contre 2,0% pour le segment intermédiaire et 1,2% pour les maisons de départ.
L'économiste en chef Mark Fleming attribue ce ralentissement à des taux hypothécaires élevés qui réduisent le pouvoir d'achat et augmentent les niveaux d'inventaire. Le marché du luxe reste résilient, avec des prix en hausse dans 25 des 28 marchés suivis, soutenus par des acheteurs en espèces moins affectés par l'effet de verrouillage. Les ventes nationales de maisons au prix de plus de 1 million de dollars ont bondi de 35%, tandis que les maisons dans la tranche de 750 000 à 1 million de dollars ont augmenté de 33%.
First American Data & Analytics hat seinen Bericht über den Home Price Index (HPI) für Januar 2025 veröffentlicht, der zeigt, dass der Atlanta-Sandy Springs-Alpharetta Markt einen Jahresanstieg von 1,0% bei den Immobilienpreisen verzeichnete, während er im Monatsvergleich um 0,1% zurückging.
Auf nationaler Ebene verlangsamte sich das Wachstum der Immobilienpreise auf das niedrigste Niveau seit Juni 2023, mit einem Jahresanstieg von 3,3%. Der Luxusmarktsegment zeigte besondere Stärke, wobei das Ballungsgebiet Atlanta einen Preisanstieg von 4,8% im Luxussegment verzeichnete, im Vergleich zu 2,0% im mittleren Segment und 1,2% bei Einsteigerwohnungen.
Chefökonom Mark Fleming führt die Verlangsamung auf die hohen Hypothekenzinsen zurück, die die Kaufkraft verringern und die Bestandsniveaus erhöhen. Der Luxusmarkt bleibt robust, mit steigenden Preisen in 25 von 28 überwachten Märkten, unterstützt durch Bargeldkäufer, die weniger vom Lock-in-Effekt betroffen sind. Die nationalen Verkäufe von Immobilien über 1 Million Dollar stiegen um 35%, während Immobilien im Bereich von 750.000 bis 1 Million Dollar um 33% zunahmen.
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National House Price Growth Sinks to Slowest Pace Since Summer 2023
—Much like the groundhog seeing its shadow, we expect the housing winter to persist in the face of elevated mortgage rates, says Chief Economist Mark Fleming—
January1 Home Price Index |
|
|
|
Metric |
Change in HPI |
December 2024-January 2025 (month over month) |
-0.1 percent |
January 2024-January 2025 (year over year) |
+1.0 percent |
National HPI |
|
Metric |
Change in HPI |
December 2024-January 2025 (month over month) |
+0.1 percent |
January 2024-January 2025 (year over year) |
+3.3 percent |
Chief Economist National HPI Analysis:
“National house price growth slipped to the slowest pace since June 2023 amid elevated mortgage rates and rising inventories,” said Mark Fleming, chief economist at First American. “Elevated mortgage rates reduce house-buying power for potential buyers, holding back demand. At the same time, inventory levels are increasing as some potential sellers list their homes for sale after coming to terms with ‘higher-for-longer’ rates and more new-home completions hit the market, further dampening price growth. Much like the groundhog seeing its shadow, we expect this ‘housing winter’ to persist if mortgage rates remain high while inventories keep climbing.”
Year-Over-Year Price-Tier Data for the
The First American Data & Analytics HPI segments home price changes at the metropolitan level into three price tiers based on local market sales data: starter tier, which represents home sales prices at the bottom third of the market price distribution; mid-tier, which represents home sales prices in the middle third of the market price distribution; and the luxury tier, which represents home sales prices in the top third of the market price distribution.
CBSA |
Starter |
Mid-Tier |
Luxury |
|
+ |
+ |
+ |
“The luxury price tier stands out as a relative outperformer when measuring annual house price growth by tier and market. Prices in the luxury tier grew in 25 of the 28 markets we tracked this month, outpacing price growth in the mid- and starter tier segments,” said
January 2025 First American Data & Analytics Price Tier HPI Highlights2 |
|||
Core-Based Statistical Areas (CBSAs) Ranked by Greatest Year-Over-Year Increases in Luxury Tier HPI |
|||
CBSA |
Change in Starter Tier HPI |
Change in Mid-Tier HPI |
Change in Luxury Tier HPI |
|
+2.5 percent |
+9.1 percent |
+6.4 percent |
|
+1.2 percent |
+4.7 percent |
+6.3 percent |
|
+1.1 percent |
+3.9 percent |
+5.7 percent |
|
+1.2 percent |
+2.0 percent |
+4.8 percent |
|
+5.6 percent |
+3.9 percent |
+4.8 percent |
Additional January 2025 First American Data & Analytics HPI Highlights |
|
Core-Based Statistical Areas (CBSAs) with Greatest Year-Over-Year Increases in HPI |
|
CBSA |
Change in HPI |
|
+4.6 percent |
|
+4.6 percent |
|
+4.4 percent |
|
+4.3 percent |
|
+4.3 percent |
Core-Based Statistical Areas (CBSAs) with a Year-Over-Year Decease in HPI |
|
|
-3.8 percent |
|
-3.8 percent |
|
-1.9 percent |
|
-0.9 percent |
|
-0.6 percent |
HPI data for all 50 states and the largest 30 CBSAs by population is available here.
Visit the First American Economic Center for more research on housing market dynamics.
Next Release
The next release of the First American Data & Analytics House Price Index will take place the week of March 17, 2025.
First American Data & Analytics HPI Methodology
The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report. HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e. the preliminary result of July transactions is reported in August). The most recent index results are subject to revision as data from more transactions become available.
The HPI uses a repeat-sales methodology, which measures price changes for the same property over time using more than 46 million paired transactions to generate the indices. In non-disclosure states, the HPI utilizes a combination of public sales records, MLS sold and active listings, and appraisal data to estimate house prices. This comprehensive approach is particularly effective in areas where there is limited availability of accurate sale prices, such as non-disclosure states. Property type, price and location data are used to create more refined market segment indices. Real Estate-Owned transactions are not included.
Disclaimer
Opinions, estimates, forecasts and other views contained in this page are those of First American’s Chief Economist, do not necessarily represent the views of First American or its management, should not be construed as indicating First American’s business prospects or expected results, and are subject to change without notice. Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2025 by First American. Information from this page may be used with proper attribution.
About First American Data & Analytics
First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8.6 billion document images. Its major platforms and products include: DataTree®, FraudGuard®, RegsData®, First American TaxSource™ and ACI®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.
About First American
First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of
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1 |
The most recent index results are subject to revision as data from more transactions become available. |
|
2 |
Note: |
View source version on businesswire.com: https://www.businesswire.com/news/home/20250218859956/en/
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Corporate Communications
First American Financial Corporation
(714) 250-3298
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(714) 250-5214
Source: First American Data & Analytics
FAQ
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