In this Market Intel Update, FMLS Chief Economist Leslie Appleton-Young explores the “K-shaped” housing market and why the luxury segment continues to demonstrate strength despite affordability challenges across much of the broader market.
FMLS data for July shows 397 closed sales of properties priced above $1 million, a 14.1% increase from last year. Atlanta is also gaining national recognition, with the Atlanta-Sandy Springs-Roswell metro breaking into the top 10 of Realtor.com and The Wall Street Journal’s quarterly Luxury Housing Market ranking for the first time.
Leslie breaks down what’s driving demand at the top of the market, the role of wealth and cash buyers, and why Atlanta remains attractive to luxury buyers both locally and from out of state.
She also previews the FMLS/Atlanta REALTORS® 2026 Showcase, “A World of Opportunity,” taking place Thursday, August 20 at the Coca-Cola Roxy at The Battery Atlanta.
Stay informed with the latest housing data and insights from FMLS Market Intel. Visit FMLS.com/MarketIntel for market statistics updated weekly.
