Metro Atlanta Housing Market Ranks in Top 10 Nationally

The National Association of REALTORS® identified the top 10 markets that have shown resilience during this pandemic period and that are expected to perform well in a post-COVID-19 environment. The Atlanta/Sandy Springs/Alpharetta market was included in this list. In identifying these markets, NAR considered a variety of indicators that it views to be influential to a metro area’s recovery and growth prospects in a post-pandemic environment in 2021-2022, including:

  • Fraction of the workforce working from home
  • Share of multi-generational households
  • Net domestic migration in a metro area
  • Movers from expensive West Coast areas moving into another metro area
  • Unemployment rate
  • Share of workers in retail trade, leisure and hospitality industries
  • Small business openings relative to January 2020
  • Mobility to retail and recreation places relative to January 2020

What stands out about the Atlanta metro area is that it has the highest share of workers working from home, at 8.8%, compared to the national share of 5.6%. Among the top ten metros, it attracted the third largest number of movers, at 202,361, of which 3.7% came from West Coast metro areas. This metro area has also been recovering well, with mobility to retail and recreation places at just 7% below the January 2020 level, compared to the national rate of 20%.

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Source: National Association of REALTORS®, 12/10/2020