MARKET INTELLIGENCE 2 0 2 0
Q 3
AT L A N T A ,
Christian Ross • Engel & Völkers Atlanta 1745 Peachtree St • Atlanta • GA 30309 Office +1 404-845-7724 Mobile Source: 7/1/2020 – 9/30/2020 provided• by FMLS +1 404-309-1098 christian.ross@evatlanta.com christianross.evatlanta.com
G E O R G I A
ENGEL & VÖLKERS ATLANTA 1
FMLS The Impact Area of 21COVID-19 The World Health Organization officially declared coronavirus a pandemic on March 11, 2020. As of September 1, it’s infected over 35 million worldwide and over 7 million in the U.S. This has taken a toll on the U.S. economy and spiked unemployment. Even so, the economy is showing early signs of recovery. While many unknown factors still cloud predictions on the economic future, the housing market in Atlanta, continues to show signs of healthy growth. Inventory is still low, and demand continues to increase. Given these extraordinary times, Engel & Völkers Atlanta is taking an exceptionally close look at the Atlanta real estate market to better understand and anticipate market conditions.
Weekly Covid-19 Cases and Pending Sales YTY % Change Atlanta Covid-19 Weekly Cases New Pending Sales with Lag New Pending Sales Forecast
*Source: MarketNSight
January 1 - September 30 WeeklyAtlanta New Pending Sales New Pending Sales 2019 New Pending Sales 2020 with Lag New Pending Sales 2020 Forecast
*Source: MarketNSight
Source: 7/1/2020 – 9/30/2020 provided by FMLS
2
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
Permit Trend 1/2004 - 8/2020 Atlanta Permits / Month 12 Month Moving Average
*Source: MarketNSight
Given the data above, alongside the analysis of industry experts, such as John Hunt of MarketNSight, Robert Dietz, the NAHB Chief Economist, and Georgia State University’s Chief Economist Dr. Rajeev Dhawan, here are some key takeaways: • It’s obvious that the desire for people to own a home in Atlanta is still very strong and getting stronger. • Underlying strength of the Atlanta real estate market coupled with ultra-low interest rates means a quick recovery should another shut down occur. • We are continuing to see evidence that housing is maintaining its traditional role of leading the country out of this recession.
Source: 7/1/2020 – 9/30/2020 provided by FMLS
3
FMLS The Impact Area of 21COVID-19
H O W P R E V I O U S R E C E S S I O N S H AV E I M PA C T E D H O U S I N G
Source: 7/1/2020 – 9/30/2020 provided by FMLS
4
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
As we move through the next few months, it will be important to remember that, as the data shows, there is still a supply and demand issue. Industry expert and NAHB Chief Economist, Robert Dietz, says it best- “The housing sector enters this recession underbuilt rather than overbuilt. That means as the economy rebounds — which it is beginning to — housing is set to help lead the way out.” We’ll be releasing another detailed report at the end of 2020, make sure you’re signed up to receive it by clicking below.
SIGN UP FOR THE Q4 REPORT
Source: 7/1/2020 – 9/30/2020 provided by FMLS
5
Source: 7/1/2020 – 9/30/2020 provided by FMLS
6
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
A WORD FROM US
As the economy in Georgia continues to come back to life and the city continues to grapple with the effects of the pandemic, we continue to monitor data each day in an effort to keep our clients and company informed on the state of the real estate market. On the following pages of this report you will find a cohesive set of data points which help showcase current market conditions in the condominium, townhome, and single-family home markets of areas and neighborhoods within metro-Atlanta. Overall, the third quarter of 2020 has shown little change in supply levels for townhomes and condos, while the single-family home supply levels continue to decrease. As expected, overall supply levels remain well below stable market conditions, which translates to a 1.6-month timeline to sell all of the homes on the market. However, supply levels for higher priced homes can range widely from 2-18 months. Economic conditions in Atlanta, like the explosive job growth and population boom, have helped this amazing city thrive in an expansionary time. However, with the COVID-19 pandemic and economic fallout surrounding it, there are many questions about the Atlanta real estate market. Like many other cities, Atlanta has experienced a sharp rise in unemployment. While many furloughed workers have been and will continue to return to work, there are many jobs that are permanently lost. Given current home inventory levels and sales data, this will have a minimal impact on the Atlanta real estate market. We hope the information within the following pages will provide clarity and confidence in this time of change and uncertainty. We appreciate you looking through this report and hope you harness and spread the word on the insight provided within.
Source: 7/1/2020 – 9/30/2020 provided by FMLS
7
FMLS Area Breakdowns Area 21
11
Area 22
21
Area 23
31
Area 24
41
Area 51
51
Area 52
61
Area 53
71
Area 31
81
Area 32
91
Area 71
101
Area 132
111
Area 131
121
Area 121
131
Areas 61-62
141
Areas 72-75
151
Areas 81-83
161
Area 13
171
Area 14
179
Area 221-222
187
Source: 7/1/2020 – 9/30/2020 provided by FMLS
8
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
Single Family Homes Inside the Perimeter
197
Outside the Perimeter
213
Condominiums
Inside the Perimeter
224
Outside the Perimeter
229
Townhomes
Inside the Perimeter
232
Outside the Perimeter
238
Source: 7/1/2020 – 9/30/2020 provided by FMLS
9
FMLS
AREA 21
11
Overview
3Q 2020
FMLS AREA 21 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 21 encompasses most of Atlanta’s Buckhead Community. It includes Tuxedo Park, Mt. Paran/Northside, Chastain Park, the portion of Brookhaven that falls within Fulton County, and numerous other neighborhoods. FMLS Area 21 is bound by the Fulton/DeKalb line to the east, I-75 to the west, the City of Atlanta line to the north and I-85 to the south.
Source: FMLS
12
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 21 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 21 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
102
153
115
68
36
28
26
25
12
38
25
7
635
ANNUAL CLOSINGS
82
118
67
34
22
11
11
4
2
17
2
0
370
MONTHLY CLOSINGS
9
10
6
3
2
4
4
1
1
6
1
0
7
AVERAGE CDOM
35
58
65
70
77
137
80
146
658
133
23
0
7
93%
97%
97%
96%
95%
95%
97%
93%
85%
92%
98%
0%
95%
2
4
6
6
5
8
7
19
18
7
38
0
5
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 21 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
ACTIVE LISTINGS
5
ANNUAL CLOSINGS
10
MONTHLY CLOSINGS
1
CATEGORY
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
2
0
8
17
32
29
35
21
121
93
19
382
6
11
9
39
35
27
38
24
113
34
5
351
1
1
1
3
12
9
13
8
38
11
2
7
AVERAGE CDOM
129
70
74
69
92
55
45
75
68
71
90
188
74
SP/OLP
84%
92%
97%
79%
93%
95%
97%
94%
93%
93%
78%
93%
89%
3
1
0
3
1
3
3
3
3
3
8
11
3
MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
13
Condominiums
3Q 2020
FMLS AREA 21 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 21 increased 26% on a year-over-year basis from 1,175 in Q3 2020 to 1,489 in Q3 2020. The number of new condo listings in FMLS Area 21 increased 38% on a year-over-year basis from 433 in Q3 2019 to 598 in Q3 2020. The number of condo sales in FMLS Area 21 decreased 3% on a year-over-year basis from 277 in Q3 2019 to 269 in Q3 2020. The months of inventory for condos in FMLS Area 21 increased 33% on a year-over-year basis from 4 months in Q3 2019 to 6 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
+26.2%
-2.9%
-1.3%
+1.2%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+38.1% +33.3%
Source: FMLS
14
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
-1.9%
-2.7%
SUPPLY D YNAMICS
400
500
300
400
300 200
200 100 100
0
3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 21 increased 27% on a yearover-year basis from 1,175 in Q3 2020 to 1,489 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 21 increased 38% on a yearover-year basis from 433 in Q3 2019 to 598 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of condo sales in FMLS Area 21 decreased 3% on a year-overyear basis from 277 in Q3 2019 to 269 in Q3 2020.
Source: FMLS
15
Townhomes
3Q 2020
FMLS AREA 21 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 21 increased 16% on a year-over-year basis from 303 in Q3 2020 to 350 in Q3 2020. The number of new townhome listings in FMLS Area 21 increased 21% on a year-over-year basis from 117 in Q3 2019 to 142 in Q3 2020. The number of townhome sales in FMLS Area 21 increased 12% on a year-over-year basis from 59 in Q3 2019 to 66 in Q3 2020. The months of inventory for townhomes in FMLS Area 21 decreased 6% on a year-over-year basis from 6 months in Q3 2019 to 5 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+15.5% +11.9% -23.0%
+21.4%
-6.2%
Source: FMLS
16
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
-4.5%
SALES PRICE TO LIST PRICE RATIO
+0.6% MEDIAN CUMULATIVE DAYS ON MARKET
+19.8%
SUPPLY D YNAMICS 120
120
90
90
60
60
30
30
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 21 increased 16% on a year-over-year basis from 303 in Q3 2020 to 350 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 21 increased 21% on a year-over-year basis from 117 in Q3 2019 to 142 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 21 increased 12% on a yearover-year basis from 59 in Q3 2019 to 66 in Q3 2020.
Source: FMLS
17
Single-Family
3Q 2020
FMLS AREA 21 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 21 increased 4% on a year-over-year basis from 1379 in Q3 2019 to 1433 in Q3 2020. The number of new single-family home listings in FMLS Area 21 increased 29% on a year-over-year basis from 424 in Q3 2019 to 548 in Q3 2020. The number of single-family home sales in FMLS Area 21 increased 25% on a year-over-year basis from 261 in Q3 2019 to 327 in Q3 2020. The months of inventory for single-family homes in FMLS Area 21 decreased 16% on a year-over-year basis from 5 months in Q3 2019 to 4 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
+3.9%
+25.3%
+9.6%
+4.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+29.2% -15.7% +16.7%
Source: FMLS
18
SALES PRICE TO LIST PRICE RATIO
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+0.0%
SUPPLY D YNAMICS 600
600
450
450
300
300
150
150
0
3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 21 increased 4% on a year-over-year basis from 1379 in Q3 2019 to 1433 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 21 increased 29% on a year-over-year basis from 424 in Q3 2019 to 548 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of single-family home sales in FMLS Area 21 increased 25% on a year-over-year basis from 261 in Q3 2019 to 327 in Q3 2020.
Source: FMLS
19
FMLS
AREA 22
21
FMLS Area 21 Overview
3Q 2020
FMLS AREA 22 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 22 includes Downtown and Atlanta’s westside neighborhoods. It includes Home Park, x Heights, Castleberry Hill, Blandtown, the portion of Buckhead that falls south of I-75 and numerous other neighborhoods. FMLS Area 22 is bound by the connector (I-75/85) to the east, the Chattahoochee River and I-285 to the west, I-75 to the north and I-20 to the south.
Source: FMLS
22
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 22 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 22 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
51
70
57
29
25
13
7
5
2
2
0
0
261
ANNUAL CLOSINGS
44
88
40
35
7
7
5
0
0
0
0
0
226
MONTHLY CLOSINGS
5
7
3
3
1
2
2
0
0
0
0
0
4
AVERAGE CDOM
63
46
39
79
38
129
16
0
0
0
0
0
54
94%
98%
98%
99%
100%
97%
100%
0%
0%
0%
0%
0%
98%
3
3
5
3
11
6
4
0
0
0
0
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 22 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
53
42
31
18
21
14
2
2
2
13
5
2
205
ANNUAL CLOSINGS
87
61
41
39
32
7
1
2
2
9
2
0
283
MONTHLY CLOSINGS
10
5
3
3
3
2
0
1
1
3
1
0
5
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
53
52
38
27
27
156
9
17
78
177
13
0
5
85%
97%
97%
99%
99%
95%
96%
97%
103%
92%
95%
0%
96%
2
3
3
2
3
6
6
3
3
4
8
0
2
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
23
Condominiums
3Q 2020
FMLS AREA 22 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 22 increased 4% on a year-over-year basis from 581 in Q3 2019 to 602 in Q3 2020. The number of new condo listings in FMLS Area 22 increased 6% on a year-over-year basis from 234 in Q3 2019 to 247 in Q3 2020. The number of condo sales in FMLS Area 22 increased 12% on a year-over-year basis from 113 in Q3 2019 to 126 in Q3 2020. The months of inventory for condos in FMLS Area 22 decreased 4% on a year-over-year basis from 5.3 months in Q3 2019 to 5 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
+3.6%
+11.5%
+5.3%
+2.9%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+5.6%
-3.6%
Source: FMLS
24
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+1.1%
-21.0%
SUPPLY D YNAMICS 250
200
200 150
150 100 100
50
50
0
3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 22 increased 4% on a yearover-year basis from 581 in Q3 2019 to 602 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 22 increased 6% on a yearover-year basis from 234 in Q3 2019 to 247 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of condo sales in FMLS Area 22 increased 12% on a year-overyear basis from 113 in Q3 2019 to 126 in Q3 2020.
Source: FMLS
25
Townhomes
3Q 2020
FMLS AREA 22 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 22 decreased 25% on a year-over-year basis from 275 in Q3 2020 to 207 in Q3 2020. The number of new townhome listings in FMLS Area 22 increased 2% on a year-over-year basis from 115 in Q3 2019 to 117 in Q3 2020. The number of townhome sales in FMLS Area 22 increased 62% on a year-over-year basis from 52 in Q3 2019 to 84 in Q3 2020. The months of inventory for townhomes in FMLS Area 22 decreased 53% on a year-over-year basis from 6 months in Q3 2019 to 3 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-24.7%
+61.5%
+4.5%
+2.9%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+1.7%
-52.7%
Source: FMLS
26
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+3.5%
-24.7%
SUPPLY D YNAMICS 150
75
100
50
50
25
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 22 decreased 25% on a year-over-year basis from 275 in Q3 2020 to 207 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 22 increased 2% on a year-over-year basis from 115 in Q3 2019 to 117 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 22 increased 62% on a yearover-year basis from 52 in Q3 2019 to 84 in Q3 2020.
Source: FMLS
27
Single-Family
3Q 2020
FMLS AREA 22 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 22 decreased 4% on a year-over-year basis from 990 in Q3 2019 to 949 in Q3 2020. The number of new single-family home listings in FMLS Area 22 increased 2% on a yearover-year basis from 425 in Q3 2019 to 433 in Q3 2020. The number of single-family home sales in FMLS Area 22 increased 14% on a year-over-year basis from 230 in Q3 2019 to 263 in Q3 2020. The months of inventory for singlefamily homes in FMLS Area 22 decreased 16% on a year-over-year basis from 4 months in Q3 2019 to 3 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
-4.1% NUMBER OF NEW LISTINGS
+1.9%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+14.3% +34.4%
+4.0% MEDIAN CUMULATIVE DAYS ON MARKET
-15.7% +34.9% -15.6%
Source: FMLS
28
SALES PRICE TO LIST PRICE RATIO
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 400
400
300
300
200
200
100
100
0
0 3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 22 decreased 4% on a year-over-year basis from 990 in Q3 2019 to 949 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 22 increased 2% on a year-over-year basis from 425 in Q3 2019 to 433 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 22 increased 14% on a year-over-year basis from 230 in Q3 2019 to 263 in Q3 2020.
Source: FMLS
29
FMLS
AREA 23
31
FMLS Area 21 Overview
3Q 2020
FMLS AREA 23 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 23 is made up of Midtown and Atlanta’s eastside neighborhoods that fall within Fulton County. It includes Ansley Park, Morningside-Lenox Park, Virginia-Highland, Old Fourth Ward, Inman Park, Cabbagetown and numerous other neighborhoods. FMLS Area 23 is bound by the connector (I-75/85) to the west, the Fulton/DeKalb line to the east, I-85 to the north, and I-20 to the south.
Source: FMLS
32
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 23 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 23 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
71
149
126
70
55
36
29
20
16
26
8
0
606
ANNUAL CLOSINGS
70
144
101
58
39
19
7
12
3
14
2
0
469
MONTHLY CLOSINGS
8
12
8
5
3
6
2
4
1
5
1
0
9
AVERAGE CDOM
41
39
36
43
69
58
38
38
23
47
80
0
43
95%
98%
98%
97%
98%
97%
97%
99%
97%
95%
91%
0%
97%
3
4
4
4
5
6
12
5
16
6
12
0
4
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 23 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
ACTIVE LISTINGS
5
ANNUAL CLOSINGS
6
MONTHLY CLOSINGS
1
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
5
9
12
14
15
15
14
11
53
12
0
165
4
13
18
24
17
22
22
16
43
9
0
194
0
1
2
2
6
7
7
5
14
3
0
4
46
27
19
44
43
42
42
52
36
63
78
0
48
96%
94%
97%
92%
97%
98%
97%
95%
97%
95%
97%
0%
96%
4
6
2
2
2
3
2
2
2
4
4
0
3
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
33
Condominiums
3Q 2020
FMLS AREA 23 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 23 increased 47% on a year-over-year basis from 973 in Q3 2019 to 1433 in Q3 2020. The number of new condo listings in FMLS Area 23 increased 34% on a year-over-year basis from 507 in Q3 2019 to 677 in Q3 2020. The number of condo sales in FMLS Area 23 increased 4% on a year-overyear basis from 343 in Q3 2019 to 355 in Q3 2020. The months of inventory for condos in FMLS Area 23 increased 45% on a year-over-year basis from 3 months in Q3 2019 to 4 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+47.3%
+3.5%
+10.8%
+1.0%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+33.5% +44.6% +14.5% +13.8%
Source: FMLS
34
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 400
400
300
300
200
200
100
100
0
3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 23 increased 47% on a yearover-year basis from 973 in Q3 2019 to 1433 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 23 increased 34% on a yearover-year basis from 507 in Q3 2019 to 677 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of condo sales in FMLS Area 23 increased 4% on a year-overyear basis from 343 in Q3 2019 to 355 in Q3 2020.
Source: FMLS
35
Townhomes
3Q 2020
FMLS AREA 23 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 23 decreased 1% on a year-over-year basis from 268 in Q3 2019 to 265 in Q3 2020. The number of new townhome listings in FMLS Area 23 increased 26% on a year-over-year basis from 104 in Q3 2019 to 131 in Q3 2020. The number of townhome sales in FMLS Area 23 increased 2% on a year-over-year basis from 71 in Q3 2019 to 72 in Q3 2020. The months of inventory for townhomes in FMLS Area 23 decreased 2% on a year-over-year basis from 3.9 months in Q3 2019 to 3.8 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-1.1%
+1.4%
+9.8%
+0.8%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+26.0%
-2.3%
Source: FMLS
36
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+3.8%
+26.6%
SUPPLY D YNAMICS 125
125
100
100
75
75
50
50
25
25
0
3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 23 decreased 1% on a year-over-year basis from 268 in Q3 2019 to 265 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 23 increased 26% on a year-over-year basis from 104 in Q3 2019 to 131 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of townhome sales in FMLS Area 23 increased 2% on a yearover-year basis from 71 in Q3 2019 to 72 in Q3 2020
Source: FMLS
37
Single-Family
3Q 2020
FMLS AREA 23 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 23 decreased 88% on a year-over-year basis from 627 in Q3 2019 to 75 in Q3 2020. The number of new single-family home listings in FMLS Area 23 increased 18% on a year-overyear basis from 243 in Q3 2020 to 286 in Q3 2020. The number of single-family home sales in FMLS Area 23 increased 25% on a year-over-year basis from 150 in Q3 2019 to 187 in Q3 2020. The months of inventory for single-family homes in FMLS Area 23 decreased 90% on a year-over-year basis from 4 months in Q3 2019 to .4 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-88.0% +24.7% +11.1%
+17.7% -89.9%
Source: FMLS
38
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+3.9%
SALES PRICE TO LIST PRICE RATIO
+2.0% MEDIAN CUMULATIVE DAYS ON MARKET
-3.8%
SUPPLY D YNAMICS 250
250
200
200
150
150
100
100
50
50
0
0 3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 23 decreased 88% on a year-over-year basis from 627 in Q3 2019 to 75 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 23 increased 18% on a year-over-year basis from 243 in Q3 2020 to 286 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 23 increased 25% on a year-over-year basis from 150 in Q3 2019 to 187 in Q3 2020.
Source: FMLS
39
FMLS
AREA 24
41
FMLS Area 21 Overview
3Q 2020
FMLS AREA 24 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 24 includes Atlanta’s eastside neighborhoods that fall within DeKalb County. It includes Druid Hills, Candler Park, Lake Claire, Edgewood, Kirkwood, East Atlanta and several other neighborhoods. FMLS Area 24 is bound by the Fulton/DeKalb line to the west, and the City of Atlanta bounds to the east, north and south.
Source: FMLS
42
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 24 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 24 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
10
14
11
21
27
9
2
3
1
0
0
0
98
ANNUAL CLOSINGS
9
22
21
9
14
4
5
1
0
0
0
0
85
MONTHLY CLOSINGS
1
2
2
1
1
1
2
0
0
0
0
0
2
AVERAGE CDOM
33
38
18
32
113
9
171
53
0
0
0
0
52
93%
99%
100%
100%
99%
99%
100%
100%
0%
0%
0%
0%
99%
6
2
2
8
7
7
1
9
0
0
0
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 24 from July, 1 2020 thru September, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
0
4
18
20
15
8
12
4
2
14
1
0
98
ANNUAL CLOSINGS
3
15
37
42
47
26
20
12
7
9
1
0
219
MONTHLY CLOSINGS
0
1
3
4
4
9
7
4
2
3
0
0
4
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
14
46
37
21
32
46
8
39
15
47
159
0
3
91%
94%
100%
100%
101%
100%
100%
99%
100%
96%
89%
0%
99%
0
1
2
1
1
1
2
1
1
5
3
0
1
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
43
Condominiums
3Q 2020
FMLS AREA 24 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 24 decreased 13% on a year-over-year basis from 92 in Q3 2019 to 80 in Q3 2020. The number of new condo listings in FMLS Area 24 increased 10% on a year-over-year basis from 61 in Q3 2019 to 67 in Q3 2020. The number of condo sales in FMLS Area 24 decreased 22% on a year-over-year basis from 42 in Q3 2019 to 33 in Q3 2020. The months of inventory for condos in FMLS Area 24 increased 23% on a year-over-year basis from 2.2 months in Q3 2019 to 2.7 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-13.0%
-21.4%
+1.5%
+1.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+9.8%
+22.9% +18.1% -31.0%
Source: FMLS
44
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 40
40
30
30
20
20
10
10
0
0
3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 24 decreased 13% on a year-over-year basis from 92 in Q3 2019 to 80 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 24 increased 10% on a yearover-year basis from 61 in Q3 2019 to 67 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 24 decreased 22% on a year-overyear basis from 42 in Q3 2019 to 33 in Q3 2020.
Source: FMLS
45
Townhomes
3Q 2020
FMLS AREA 24 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 24 decreased 10% on a year-over-year basis from 205 in Q3 2019 to 184 in Q3 2020. The number of new townhome listings in FMLS Area 24 increased 14% on a year-over-year basis from 77 in Q3 2019 to 88 in Q3 2020. The number of townhome sales in FMLS Area 24 decreased 5% on a year-over-year basis from 43 in Q3 2019 to 41 in Q3 2020. The months of inventory for townhomes in FMLS Area 24 decreased 4% on a year-over-year basis from 4.8 months in Q3 2019 to 4.6 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-10.2%
-4.7%
+6.0%
-0.7%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+14.3%
-3.7%
Source: FMLS
46
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+1.3%
+22.3%
SUPPLY D YNAMICS 80
60
60 40
40
20 20
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 24 decreased 10% on a year-over-year basis from 205 in Q3 2019 to 184 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 24 increased 14% on a year-over-year basis from 77 in Q3 2019 to 88 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 24 decreased 5% on a yearover-year basis from 43 in Q3 2019 to 41 in Q3 2020.
Source: FMLS
47
Single-Family
3Q 2020
FMLS AREA 24 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 24 decreased 42% on a year-over-year basis from 631 in Q3 2019 to 366 in Q3 2020. The number of new single-family home listings in FMLS Area 24 decreased 12% on a year-over-year basis from 297 in Q3 2019 to 263 in Q3 2020. The number of single-family home sales in FMLS Area 24 increased 9% on a year-over-year basis from 191 in Q3 2019 to 207 in Q3 2020. The months of inventory for single-family homes in FMLS Area 24 decreased 46% on a year-over-year basis from 3.3 months in Q3 2019 to 1.8 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-42.0%
+8.4%
+23.1%
+4.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-11.4%
-46.3% +14.9%
Source: FMLS
48
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
-70.0%
SUPPLY D YNAMICS 250
250
200
200
150
150
100
100
50
50
0
0 3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 24 decreased 42% on a year-over-year basis from 631 in Q3 2019 to 366 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 24 decreased 12% on a year-over-year basis from 297 in Q3 2019 to 263 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 24 increased 9% on a year-over-year basis from 191 in Q3 2019 to 207 in Q3 2020.
Source: FMLS
49
FMLS
AREA 51
51
FMLS Area 21 Overview
3Q 2020
FMLS AREA 51 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 51 encompasses the DeKalb County municipalities of Brookhaven, Chamblee and Doraville. It includes Ashford Park, North Brookhaven, Keswick Forest and numerous other neighborhoods. FMLS Area 51 is bound by the Fulton/DeKalb line to the west, I-85 to the east and south, and I-285 to the north.
Source: FMLS
52
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 51 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 51 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
26
37
24
24
38
8
10
4
1
1
0
0
173
ANNUAL CLOSINGS
20
51
45
45
31
2
2
4
0
1
0
0
201
MONTHLY CLOSINGS
2
4
4
4
3
1
1
1
0
0
0
0
4
AVERAGE CDOM
36
39
59
91
44
40
84
8
0
33
0
0
57
94%
98%
99%
84%
100%
96%
98%
99%
0%
93%
0%
0%
94%
3
3
2
2
4
12
15
3
0
3
0
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 51 from July, 1 2020 thru September, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
3
6
22
23
21
17
15
16
7
22
3
1
156
ANNUAL CLOSINGS
3
15
39
43
44
37
24
19
12
31
0
0
267
MONTHLY CLOSINGS
0
1
3
4
4
12
8
6
4
10
0
0
5
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
8
40
31
28
34
31
48
41
50
68
0
0
38
95%
93%
97%
98%
99%
97%
96%
97%
95%
96%
0%
0%
97%
3
1
2
2
1
1
2
3
2
2
0
0
2
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
53
Condominiums
3Q 2020
FMLS AREA 51 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 51 decreased 43% on a year-over-year basis from 164 in Q3 2019 to 94 in Q3 2020. The number of new condo listings in FMLS Area 51 increased 25% on a year-over-year basis from 81 in Q3 2019 to 101 in Q3 2020. The number of condo sales in FMLS Area 51 increased 50% on a year-over-year basis from 40 in Q3 2019 to 60 in Q3 2020. The months of inventory for condos in FMLS Area 51 decreased 62% on a year-over-year basis from 4.1 months in Q3 2019 to 1.6 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-42.7%
+50.0%
-1.9%
+2.1%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+24.7%
-61.4%
Source: FMLS
54
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+6.0%
+25.3%
SUPPLY D YNAMICS 80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 51 decreased 43% on a year-over-year basis from 164 in Q3 2019 to 94 in Q3 2020.
2Q19
3Q19
4Q19
1Q20
The number of new condo listings in FMLS Area 51 increased 25% on a yearover-year basis from 81 in Q3 2019 to 101 in Q3 2020.
2Q20
3Q20
The number of condo sales in FMLS Area 51 increased 50% on a year-overyear basis from 40 in Q3 2019 to 60 in Q3 2020.
Source: FMLS
55
Townhomes
3Q 2020
FMLS AREA 51 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 51 decreased 24% on a year-over-year basis from 460 in Q3 2019 to 348 in Q3 2020. The number of new townhome listings in FMLS Area 51 decreased 18% on a year-over-year basis from 177 in Q3 2019 to 146 in Q3 2020. The number of townhome sales in FMLS Area 51 increased 48% on a year-over-year basis from 84 in Q3 2019 to 124 in Q3 2020. The months of inventory for townhomes in FMLS Area 51 decreased 49% on a year-over-year basis from 5.7 months in Q3 2019 to 2.9 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-24.3%
+47.6%
-5.3%
+1.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-17.5%
-48.5%
Source: FMLS
56
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
-1.5%
-23.7%
SUPPLY D YNAMICS
150
150
120
120
90
90
60
60
30
30
0
3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 51 decreased 24% on a year-over-year basis from 460 in Q3 2019 to 348 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 51 decreased 18% on a year-over-year basis from 177 in Q3 2019 to 146 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of townhome sales in FMLS Area 51 increased 48% on a yearover-year basis from 84 in Q3 2019 to 124 in Q3 2020.
Source: FMLS
57
Single-Family
3Q 2020
FMLS AREA 51 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 51 decreased 18% on a year-over-year basis from 705 in Q3 2019 to 578 in Q3 2020. The number of new single-family home listings in FMLS Area 51 increased 18% on a year-over-year basis from 293 in Q3 2019 to 346 in Q3 2020. The number of single-family home sales in FMLS Area 51 increased 8% on a year-over-year basis from 225 in Q3 2019 to 244 in Q3 2020. The months of inventory for single-family homes in FMLS Area 51 decreased 26% on a year-over-year basis from 3.3 months in Q3 2019 to 2.4 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-18.0%
+8.4%
+4.7%
+2.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+18.1% -26.2%
Source: FMLS
58
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+2.3%
-41.8%
SUPPLY D YNAMICS 300
300
200
200
100
100
0
0 3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 51 decreased 18% on a year-over-year basis from 705 in Q3 2019 to 578 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 51 increased 18% on a year-over-year basis from 293 in Q3 2019 to 346 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 51 increased 8% on a year-over-year basis from 225 in Q3 2019 to 244 in Q3 2020.
Source: FMLS
59
FMLS
AREA 52
61
FMLS Area 21 Overview
3Q 2020
FMLS AREA 52 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 52 includes the DeKalb County municipalities of Decatur and Avondale Estates, as well as portions of unincorporated DeKalb County. It includes and numerous other neighborhoods. FMLS Area 52 is bound by I-285 to the east, the City of Atlanta line to the west, I-85 to the north, and I-20 to the south.
Source: FMLS
62
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 52 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 52 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
44
31
28
36
21
4
4
5
2
2
0
0
177
ANNUAL CLOSINGS
72
39
49
34
15
2
4
0
0
0
0
0
215
MONTHLY CLOSINGS
8
3
4
3
1
1
1
0
0
0
0
0
4
AVERAGE CDOM
43
41
60
77
57
33
48
0
0
0
0
0
53
94%
97%
99%
98%
99%
98%
98%
0%
0%
0%
0%
0%
98%
2
2
2
4
5
6
3
0
0
0
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 52 from July, 1 2020 thru September, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
22
75
62
62
62
26
26
15
14
35
3
0
402
ANNUAL CLOSINGS
61
133
136
142
84
52
31
25
19
18
2
0
703
MONTHLY CLOSINGS
7
11
11
12
7
17
10
8
6
6
1
0
13
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
67
47
31
54
38
38
46
51
50
63
111
0
45
92%
97%
98%
98%
99%
97%
98%
96%
97%
95%
89%
0%
97%
1
2
1
1
2
2
3
2
2
6
5
0
2
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
63
Condominiums
3Q 2020
FMLS AREA 52 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 52 increased 13% on a year-over-year basis from 243 in Q3 2019 to 274 in Q3 2020. The number of new condo listings in FMLS Area 52 increased 4% on a year-over-year basis from 114 in Q3 2019 to 119 in Q3 2020. The number of condo sales in FMLS Area 52 Increased 30% on a year-over-year basis from 76 in Q3 2019 to 99 in Q3 2020. The months of inventory for condos in FMLS Area 52 decreased 15% on a year-over-year basis from 3.3 months in Q3 2019 to 2.8 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+12.8% +30.3%
+4.4%
SALES PRICE TO LIST PRICE RATIO
-1.4%
+1.2%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-14.8% +18.3% +64.3%
Source: FMLS
64
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 52 increased 13% on a yearover-year basis from 243 in Q3 2019 to 274 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 52 increased 4% on a yearover-year basis from 114 in Q3 2019 to 119 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 52 Increased 30% on a year-overyear basis from 76 in Q3 2019 to 99 in Q3 2020
Source: FMLS
65
Townhomes
3Q 2020
FMLS AREA 52 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 52 decreased 22% on a year-over-year basis from 360 in Q3 2019 to 282 in Q3 2020. The number of new townhome listings in FMLS Area 52 decreased 19% on a year-over-year basis from 167 in Q3 2020 to 136 in Q3 2020. The number of townhome sales in FMLS Area 52 increased 22% on a year-over-year basis from 83 in Q3 2019 to 101 in Q3 2020. The months of inventory for townhomes in FMLS Area 52 decreased 36% on a year-over-year basis from 4.4 months in Q3 2019 to 2.8 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-21.7% +21.7% +13.1%
-18.6%
+0.7% MEDIAN CUMULATIVE DAYS ON MARKET
-35.7% +10.3% +308.7%
Source: FMLS
66
SALES PRICE TO LIST PRICE RATIO
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 120
120
90
90
60
60
30
30
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 52 decreased 22% on a year-over-year basis from 360 in Q3 2019 to 282 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 52 decreased 19% on a year-over-year basis from 167 in Q3 2020 to 136 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 52 increased 22% on a yearover-year basis from 83 in Q3 2019 to 101 in Q3 2020.
Source: FMLS
67
Single-Family
3Q 2020
FMLS AREA 52 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 52 decreased 30% on a year-over-year basis from 2262 in Q3 2019 to 1584 in Q3 2020. The number of new single-family home listings in FMLS Area 52 decreased 16% on a year-over-year basis from 974 in Q3 2019 to 818 in Q3 2020. The number of single-family home sales in FMLS Area 52 increased 19% on a year-over-year basis from 548 in Q3 2019 to 653 in Q3 2020. The months of inventory for single-family homes in FMLS Area 52 decreased 42% on a year-over-year basis from 4.2 months in Q3 2019 to 2.4 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-30.0% +19.2% +19.6%
-16.0%
+3.2% MEDIAN CUMULATIVE DAYS ON MARKET
-41.8% +18.7% -14.1%
Source: FMLS
68
SALES PRICE TO LIST PRICE RATIO
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 800
800
600
600
400
400
200
200
0
0 3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 52 decreased 30% on a year-over-year basis from 2262 in Q3 2019 to 1584 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 52 decreased 16% on a year-over-year basis from 974 in Q3 2019 to 818 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 52 increased 19% on a year-over-year basis from 548 in Q3 2019 to 653 in Q3 2020.
Source: FMLS
69
FMLS
AREA 53
71
FMLS Area 21 Overview
3Q 2020
FMLS AREA 53 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 53 is situated in the East Atlanta region, within the I-285 perimeter. It includes Gresham Park, Whitehall Forest Estates, East Atlanta, and several other neighborhoods. FMLS Area 53 is bordered by the Fulton/Dekalb county line, I-285 and I-20.
Source: FMLS
72
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 53 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 53 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
6
3
2
3
0
0
0
0
0
0
0
0
1
ANNUAL CLOSINGS
4
7
2
0
0
0
0
0
0
0
0
0
13
MONTHLY CLOSINGS
0
1
0
0
0
0
0
0
0
0
0
0
0
AVERAGE CDOM
36
10
35
0
0
0
0
0
0
0
0
0
39
91%
99%
49%
0%
0%
0%
0%
0%
0%
0%
0%
0%
98%
3
2
2
0
0
0
0
0
0
0
0
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 53 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
ACTIVE LISTINGS
6
19
ANNUAL CLOSINGS
29
28
MONTHLY CLOSINGS
3
2
1
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
7
7
3
2
0
0
0
0
0
0
44
14
16
2
0
0
0
0
0
0
0
89
1
0
0
0
0
0
0
0
0
2
48
64
36
27
113
0
0
0
0
0
0
0
55
98%
98%
99%
109%
112%
0%
0%
0%
0%
0%
0%
0%
100%
1
2
2
2
5
0
0
0
0
0
0
0
1
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
73
Condominiums
3Q 2020
FMLS AREA 53 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 53 decreased 20% on a year-over-year basis from 10 in Q3 2019 to 8 in Q3 2020. The number of new condo listings in FMLS Area 53 increased 20% on a year-over-year basis from 5 in Q3 2019 to 6 in Q3 2020. The number of condo sales in FMLS Area 53 remained the same on a year-over-year basis from 4 in Q3 2019 to 4 in Q3 2020. The months of inventory for condos in FMLS Area 53 decreased 53% on a year-over-year basis from 2.8 months in Q3 2019 to 1.3 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-20.0%
+0.0%
+13.2%
+1.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+20.0% -52.9%
Source: FMLS
74
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+41.9%
-70.7%
SUPPLY D YNAMICS 10
10
8
8
6
6
4
4
2
2
0
0 3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 53 decreased 20% on a year-over-year basis from 10 in Q3 2019 to 8 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 53 increased 20% on a yearover-year basis from 5 in Q3 2019 to 6 in Q3 2020.
1Q20
2Q20
t
The number of condo sales in FMLS Area 53 remained the same on a yearover-year basis from 4 in Q3 2019 to 4 in Q3 2020.
Source: FMLS
75
Townhomes
3Q 2020
FMLS AREA 53 SU MMARY OF TO WNHOMES MAR KET ACT IVIT Y The number of active townhome listings in FMLS Area 53 increased 143% on a year-over-year basis from 21 in Q3 2019 to 51 in Q3 2020. The number of new townhome listings in FMLS Area 53 increased 150% on a year-over-year basis from 6 in Q3 2019 to 15 in Q3 2020. The number of townhome sales in FMLS Area 53 increased 14% on a year-over-year basis from 7 in Q3 2019 to 8 in Q3 2020. The months of inventory for townhomes in FMLS Area 53 increased 232% on a year-over-year basis from 3.1 months in Q3 2019 to 10.3 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+142.9% +14.3%
+150.0% +232.1%
Source: FMLS
76
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-0.7%
-1.0%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-2.7%
-74.5%
SUPPLY D YNAMICS 30
20
25 15 20
15
10
10 5 5
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 53 increased 143% on a year-over-year basis from 21 in Q3 2019 to 51 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 53 increased 150% on a year-over-year basis from 6 in Q3 2019 to 15 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 53 increased 14% on a yearover-year basis from 7 in Q3 2019 to 8 in Q3 2020.
Source: FMLS
77
Single-family
3Q 2020
FMLS AREA 53 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 53 decreased 41% on a year-over-year basis from 311 in Q3 2019 to 185 in Q3 2020. The number of new single-family home listings in FMLS Area 53 decreased 30% on a year-over-year basis from 140 in Q3 2019 to 98 in Q3 2020. The number of single-family home sales in FMLS Area 53 increased 10% on a year-over-year basis from 78 in Q3 2019 to 86 in Q3 2020. The months of inventory for singlefamily homes in FMLS Area 53 decreased 45% on a year-over-year basis from 4.1 months in Q3 2019 to 2.3 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
-40.5% +10.3%
-30.0%
-44.9%
Source: FMLS
78
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+2.7%
+2.6%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-22.3%
-33.1%
SUPPLY D YNAMICS 120
100
100
80
80 60 60 40 40 20
20
0
0 3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 53 decreased 41% on a year-over-year basis from 311 in Q3 2019 to 185 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 53 decreased 30% on a year-over-year basis from 140 in Q3 2019 to 98 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 53 increased 10% on a year-over-year basis from 78 in Q3 2019 to 86 in Q3 2020.
Source: FMLS
79
FMLS
AREA 31
81
FMLS Area 21 Overview
3Q 2020
FMLS AREA 31 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 31 includes the southwestern portion of Atlanta. It includes Sylvan Hills, Cascade Road, East Point, and several other neighborhoods. FMLS Area 31 is in South Fulton County and is bordered by Douglas, Carroll, and Coweta counties.
Source: FMLS
82
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 31 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 31 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
18
10
10
6
0
0
0
0
0
0
0
0
4
ANNUAL CLOSINGS
54
26
1
1
1
0
0
0
0
0
0
0
83
MONTHLY CLOSINGS
6
2
0
0
0
0
0
0
0
0
0
0
2
AVERAGE CDOM
33
68
3
15
30
0
0
0
0
0
0
0
63
98%
101%
90%
90%
90%
0%
0%
0%
0%
0%
0%
0%
100%
5
2
6
3
0
0
0
0
0
0
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 31 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
95
101
104
32
8
2
0
1
1
0
0
0
344
ANNUAL CLOSINGS
249
217
110
40
4
2
1
0
0
0
0
0
623
MONTHLY CLOSINGS
28
18
9
3
0
1
0
0
0
0
0
0
12
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
55
48
51
69
12
69
199
0
0
0
0
0
5
90%
98%
99%
97%
100%
93%
88%
0%
0%
0%
0%
0%
96%
1
2
4
3
7
3
0
0
0
0
0
0
2
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
83
Condominiums
3Q 2020
FMLS AREA 31 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 31 decreased 37% on a year-over-year basis from 75 in Q3 2019 to 47 in Q3 2020. The number of new condo listings in FMLS Area 31 decreased 63% on a year-over-year basis from 38 in Q3 2019 to 14 in Q3 2020. The number of condo sales in FMLS Area 31 increased 160% on a year-over-year basis from 5 in Q3 2019 to 13 in Q3 2020. The months of inventory for condos in FMLS Area 31 decreased 52% on a year-over-year basis from 9.6 months in Q3 2019 to 4.6months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-37.3% +160.0% +66.4% +51.1%
-63.2%
-52.0% +83.5%
Source: FMLS
84
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
-4.4%
SUPPLY D YNAMICS 40
40
30
30
20
20
10
10
0
0 3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 31 decreased 37% on a year-over-year basis from 75 in Q3 2019 to 47 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 31 decreased 63% on a year-over-year basis from 38 in Q3 2019 to 14 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 31 increased 160% on a year-overyear basis from 5 in Q3 2019 to 13 in Q3 2020
Source: FMLS
85
Townhomes
3Q 2020
FMLS AREA 31 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 31 decreased 8% on a year-over-year basis from 134 in Q3 2019 to 123 in Q3 2020. The number of new townhome listings in FMLS Area 31 increased 48% on a year-over-year basis from 57 in Q3 2019 to 84 in Q3 2020. The number of townhome sales in FMLS Area 31 increased 44% on a year-over-year basis from 46 in Q3 2019 to 66 in Q3 2020. The months of inventory for townhomes in FMLS Area 31 decreased 35% on a year-over-year basis from 3.4 months in Q3 2019 to 2.2 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
-8.2% NUMBER OF NEW LISTINGS
+47.4%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+43.5% +20.9%
-34.9%
Source: FMLS
86
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+27.0%
SALES PRICE TO LIST PRICE RATIO
+2.9% MEDIAN CUMULATIVE DAYS ON MARKET
+5.3%
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 31 decreased 8% on a year-over-year basis from 134 in Q3 2019 to 123 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 31 increased 48% on a year-over-year basis from 57 in Q3 2019 to 84 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 31 increased 44% on a yearover-year basis from 46 in Q3 2019 to 66 in Q3 2020.
Source: FMLS
87
Single-Family
3Q 2020
FMLS AREA 31 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 31 decreased 33% on a year-over-year basis from 2070 in Q3 2019 to 1385 in Q3 2020. The number of new single-family home listings in FMLS Area 31 decreased 22% on a year-over-year basis from 950 in Q3 2019 to 740 in Q3 2020. The number of single-family home sales in FMLS Area 31 increased 9% on a year-over-year basis from 551 in Q3 2019 to 602 in Q3 2020. The months of inventory for single-family homes in FMLS Area 31 decreased 39% on a year-over-year basis from 3.8 months in Q3 2019 to 2.3 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-33.1%
+9.3%
+9.5%
+1.1%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-22.1%
-39.2% +10.3% -16.8%
Source: FMLS
88
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 800
800
700
700
600
600
500
500
400
400
300
300
200
200
100
100
0
0 3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 31 decreased 33% on a year-over-year basis from 2070 in Q3 2019 to 1385 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 31 decreased 22% on a year-over-year basis from 950 in Q3 2019 to 740 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 31 increased 9% on a year-over-year basis from 551 in Q3 2019 to 602 in Q3 2020.
Source: FMLS
89
FMLS
AREA 32
91
FMLS Area 21 Overview
3Q 2020
FMLS AREA 32 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 32 is situated in southern Atlanta, to the west of I-75, within Fulton County. It includes Glenrose Heights, Orchard Knob, Rosedale Heights, and several other neighborhoods. FMLS Area 32 is bordered by Clayton and Dekalb counties.
Source: FMLS
92
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 32 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 32 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
5
14
14
15
11
2
0
0
0
0
0
0
61
ANNUAL CLOSINGS
17
24
21
11
5
1
0
0
0
0
0
0
79
MONTHLY CLOSINGS
2
2
2
1
0
0
0
0
0
0
0
0
1
AVERAGE CDOM
151
38
56
152
65
24
0
0
0
0
0
0
72
SP/OLP
92%
100%
100%
100%
90%
96%
0%
0%
0%
0%
0%
0%
99%
1
2
2
5
2
6
0
0
0
0
0
0
2
CATEGORY
MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 32 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
ACTIVE LISTINGS
41
28
21
12
ANNUAL CLOSINGS
79
44
33
34
MONTHLY CLOSINGS
9
4
3
3
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
19
8
8
1
1
1
1
0
141
26
15
9
7
0
1
0
0
248
2
5
3
2
0
0
0
0
5
56
51
28
65
29
24
57
9
0
84
0
0
4
93%
98%
98%
97%
100%
100%
93%
101%
0%
97%
0%
0%
98%
2
2
2
1
2
2
3
0
0
3
0
0
2
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
93
Condominiums
3Q 2020
FMLS AREA 32 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 32 increased 25% on a year-over-year basis from 76 in Q3 2019 to 95 in Q3 2020. The number of new condo listings in FMLS Area 32 increased 54% on a year-over-year basis from 24 in Q3 2019 to 37 in Q3 2020. The number of condo sales in FMLS Area 32 increased 146% on a year-over-year basis from 11 in Q3 2019 to 27 in Q3 2020. The months of inventory for condos in FMLS Area 32 decreased 55% on a year-over-year basis from 8.6 months in Q3 2019 to 3.9 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+25.0% +145.5% +55.7%
SALES PRICE TO LIST PRICE RATIO
+1.0% MEDIAN CUMULATIVE DAYS ON MARKET
+54.2% -55.1% +51.1% +134.8%
Source: FMLS
94
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 32 increased 25% on a yearover-year basis from 76 in Q3 2019 to 95 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 32 increased 54% on a yearover-year basis from 24 in Q3 2019 to 37 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 32 increased 146% on a year-overyear basis from 11 in Q3 2019 to 27 in Q3 2020.
Source: FMLS
95
Townhomes
3Q 2020
FMLS AREA 32 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 32 decreased 33% on a year-over-year basis from 198 in Q3 2019 to 133 in Q3 2020. The number of new townhome listings in FMLS Area 32 decreased 39% on a year-over-year basis from 65 in Q3 2019 to 40 in Q3 2020. The number of townhome sales in FMLS Area 32 decreased 68% on a year-over-year basis from 144 in Q3 2019 to 46 in Q3 2020. The months of inventory for townhomes in FMLS Area 32 increased 117% on a year-over-year basis from 1.5 months in Q3 2019 to 3.2 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-32.8%
-68.1%
-14.7%
+0.8%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-38.5% +117.9%
Source: FMLS
96
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
-6.0%
-62.5%
SUPPLY D YNAMICS 100 120 80
100
80
60
60 40 40 20
20
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 32 decreased 33% on a year-over-year basis from 198 in Q3 2019 to 133 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 32 decreased 39% on a year-over-year basis from 65 in Q3 2019 to 40 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 32 decreased 68% on a year-over-year basis from 144 in Q3 2019 to 46 in Q3 2020.
Source: FMLS
97
Single-family
3Q 2020
FMLS AREA 32 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 32 decreased 26% on a year-over-year basis from 733 in Q3 2019 to 543 in Q3 2020. The number of new single-family home listings in FMLS Area 32 decreased .3% on a year-over-year basis from 331 in Q3 2019 to 330 in Q3 2020. The number of single-family home sales in FMLS Area 32 increased 16% on a year-over-year basis from 203 in Q3 2019 to 236 in Q3 2020. The months of inventory for single-family homes in FMLS Area 32 decreased 36% on a year-over-year basis from 3.6 months in Q3 2019 to 2.3 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
-25.9% NUMBER OF NEW LISTINGS
-0.3%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+16.3% +16.5%
-36.4% +17.2%
Source: FMLS
98
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SALES PRICE TO LIST PRICE RATIO
+2.1% MEDIAN CUMULATIVE DAYS ON MARKET
-3.2%
SUPPLY D YNAMICS
300
300
260
260
220
220
180
180
140
140
100
100
60
60
20
20
-20
3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 32 decreased 26% on a year-over-year basis from 733 in Q3 2019 to 543 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 32 decreased .3% on a year-over-year basis from 331 in Q3 2019 to 330 in Q3 2020.
1Q20
2Q20
3Q20
-20
The number of single-family home sales in FMLS Area 32 increased 16% on a year-over-year basis from 203 in Q3 2019 to 236 in Q3 2020.
Source: FMLS
99
FMLS
AREA 71
101
FMLS Area 21 Overview
3Q 2020
FMLS AREA 71 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 71 includes the easternmost portion of Cobb County that falls within I-285. It includes Cumberland, Vinings and several other neighborhoods. FMLS Area 71 is bound by I-285 to the west, the Chattahoochee River to the east, north and south.
Source: FMLS
102
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 71 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 71 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
6
9
24
10
19
3
4
2
0
7
0
0
84
ANNUAL CLOSINGS
16
33
37
10
3
3
2
2
0
2
0
0
108
MONTHLY CLOSINGS
2
3
3
1
0
1
1
1
0
1
0
0
2
AVERAGE CDOM
41
23
20
96
117
50
180
47
0
236
0
0
46
95%
99%
99%
96%
94%
96%
94%
92%
0%
92%
0%
0%
97%
1
1
3
3
24
3
6
3
0
11
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 71 from July, 1 2020 thru September, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
4
4
11
2
7
4
3
6
0
12
1
0
5
ANNUAL CLOSINGS
9
33
13
11
4
4
2
4
4
11
0
0
95
MONTHLY CLOSINGS
1
3
1
1
0
1
1
1
1
4
0
0
2
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
28
20
28
27
6
43
29
60
49
121
0
0
37
95%
98%
97%
99%
100%
96%
104%
96%
94%
93%
0%
0%
96%
1
0
3
1
5
3
5
5
0
3
0
0
2
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
103
Condominiums
3Q 2020
FMLS AREA 71 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 71 increased 15% on a year-over-year basis from 109 in Q3 2019 to 125 in Q3 2020. The number of new condo listings in FMLS Area 71 increased 36% on a year-over-year basis from 50 in Q3 2019 to 68 in Q3 2020. The number of condo sales in FMLS Area 71 increased 26% on a year-over-year basis from 31 in Q3 2019 to 39 in Q3 2020. The months of inventory for condos in FMLS Area 71 decreased 17% on a year-over-year basis from 4.1 months in Q3 2019 to 3.4 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+14.7% +25.8%
+36.0% -16.5%
Source: FMLS
104
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-9.7%
+1.0%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+1.2%
-9.0%
SUPPLY D YNAMICS 60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 71 increased 15% on a yearover-year basis from 109 in Q3 2019 to 125 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 71 increased 36% on a yearover-year basis from 50 in Q3 2019 to 68 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 71 increased 26% on a year-overyear basis from 31 in Q3 2019 to 39 in Q3 2020.
Source: FMLS
105
Townhomes
3Q 2020
FMLS AREA 71 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 71 decreased 13% on a year-over-year basis from 165 in Q3 2019 to 144 in Q3 2020. The number of new townhome listings in FMLS Area 71 increased 1% on a year-over-year basis from 87 in Q3 2019 to 88 in Q3 2020. The number of townhome sales in FMLS Area 71 increased 20% on a year-over-year basis from 50 in Q3 2019 to 60 in Q3 2020. The months of inventory for townhomes in FMLS Area 71 decreased 24% on a year-over-year basis from 3.3 months in Q3 2019 to 2.5 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
-12.7% +20.0%
+1.1%
-24.1%
Source: FMLS
106
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-5.4%
+0.8%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-11.3%
-47.1%
SUPPLY D YNAMICS 80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 71 decreased 13% on a year-over-year basis from 165 in Q3 2019 to 144 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 71 increased 1% on a year-over-year basis from 87 in Q3 2019 to 88 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 71 increased 20% on a yearover-year basis from 50 in Q3 2019 to 60 in Q3 2020.
Source: FMLS
107
Single-Family
3Q 2020
FMLS AREA 71 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 71 decreased 45% on a year-over-year basis from 267 in Q3 2019 to 146 in Q3 2020. The number of new single-family home listings in FMLS Area 71 decreased 30% on a year-over-year basis from 126 in Q3 2019 to 88 in Q3 2020. The number of single-family home sales in FMLS Area 71 decreased 20% on a year-over-year basis from 77 in Q3 2019 to 62 in Q3 2020. The months of inventory for single-family homes in FMLS Area 71 decreased 29% on a year-over-year basis from 3.5 months in Q3 2019 to 2.5 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
-45.3% NUMBER OF NEW LISTINGS
-30.2%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-19.5% +24.3%
-29.2%
Source: FMLS
108
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SALES PRICE TO LIST PRICE RATIO
+6.5% MEDIAN CUMULATIVE DAYS ON MARKET
-27.4% -33.8%
SUPPLY D YNAMICS 120
120
90
90
60
60
30
30
0
0 3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 71 decreased 45% on a year-over-year basis from 267 in Q3 2019 to 146 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 71 decreased 30% on a year-over-year basis from 126 in Q3 2019 to 88 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 71 decreased 20% on a year-over-year basis from 77 in Q3 2019 to 62 in Q3 2020.
Source: FMLS
109
FMLS
AREA 132
111
FMLS Area 21 Overview
3Q 2020
FMLS AREA 132 132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
20
53
75 85
First Multiple Listing Service (FMLS) Area 132 includes the southernmost portion of Sandy Springs. It includes Windsor Heights, Londonberry and several other neighborhoods. FMLS Area 132 is bound by the Fulton/DeKalb line to the east, and the Chattahoochee River to the west, I-285 to the north and the City of Atlanta line to the south.
Source: FMLS
112
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 132 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 132 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
12
9
6
11
16
1
0
0
3
3
0
0
61
ANNUAL CLOSINGS
13
15
13
17
7
2
1
0
1
0
0
0
69
MONTHLY CLOSINGS
1
1
1
1
1
1
0
0
0
0
0
0
1
AVERAGE CDOM
33
44
37
33
67
71
67
0
171
0
0
0
46
95%
96%
98%
98%
96%
97%
97%
0%
99%
0%
0%
0%
97%
4
2
2
3
10
2
0
0
9
0
0
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 132 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
ACTIVE LISTINGS
0
0
1
ANNUAL CLOSINGS
0
0
1
MONTHLY CLOSINGS
0
0
0
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
2
6
15
4
12
7
36
27
3
113
6
14
12
4
7
3
31
8
0
86
1
1
4
1
2
1
10
3
0
2
0
0
12
126
56
56
126
55
164
90
225
0
95
0%
0%
96%
95%
95%
96%
91%
97%
96%
94%
95%
0%
95%
0
0
2
1
2
4
3
5
7
3
10
0
4
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
113
Condominiums
3Q 2020
FMLS AREA 132 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 132 decreased 11% on a year-over-year basis from 63 in Q3 2019 to 56 in Q3 2020. The number of new condo listings in FMLS Area 132 increased 14% on a year-over-year basis from 35 in Q3 2019 to 40 in Q3 2020. The number of condo sales in FMLS Area 132 increased 29% on a year-over-year basis from 21 in Q3 2019 to 27 in Q3 2020. The months of inventory for condos in FMLS Area 132 decreased 32% on a year-over-year basis from 3.1 months in Q3 2019 to 2.1 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
-11.1% NUMBER OF NEW LISTINGS
+14.3%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+28.6% -22.3%
-31.6%
Source: FMLS
114
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SALES PRICE TO LIST PRICE RATIO
+2.2% MEDIAN CUMULATIVE DAYS ON MARKET
-20.2% +42.3 %
SUPPLY D YNAMICS 30
30
20
20
10
10
0
0 3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 132 decreased 11% on a year-over-year basis from 63 in Q3 2019 to 56 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 132 increased 14% on a year-over-year basis from 35 in Q3 2019 to 40 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 132 increased 29% on a year-overyear basis from 21 in Q3 2019 to 27 in Q3 2020.
Source: FMLS
115
Townhomes
3Q 2020
FMLS AREA 132 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 132 decreased 17% on a year-over-year basis from 116 in Q3 2019 to 96 in Q3 2020. The number of new townhome listings in FMLS Area 132 increased 15% on a year-over-year basis from 41 in Q3 2019 to 47 in Q3 2020. The number of townhome sales in FMLS Area 132 increased 26% on a year-over-year basis from 27 in Q3 2019 to 34 in Q3 2020. The months of inventory for townhomes in FMLS Area 132 decreased 30% on a year-over-year basis from 4.5 months in Q3 2019 to 3.2 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
-17.7% +25.9%
+14.6% -29.7%
Source: FMLS
116
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-4.6%
-0.5%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-11.7%
-22.1%
SUPPLY D YNAMICS 50
50
40
40
30
30
20
20
10
10
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 132 decreased 17% on a year-over-year basis from 116 in Q3 2019 to 96 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 132 increased 15% on a year-over-year basis from 41 in Q3 2019 to 47 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 132 increased 26% on a year-over-year basis from 27 in Q3 2019 to 34 in Q3 2020.
Source: FMLS
117
Single-Family
3Q 2020
FMLS AREA 132 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 132 decreased 20% on a year-over-year basis from 537 in Q3 2019 to 428 in Q3 2020. The number of new single-family home listings in FMLS Area 132 increased 22% on a year-over-year basis from 124 in Q3 2019 to 151 in Q3 2020. The number of single-family home sales in FMLS Area 132 increased 14% on a year-over-year basis from 71 in Q3 2019 to 81 in Q3 2020. The months of inventory for single-family homes in FMLS Area 132 decreased 35% on a year-over-year basis from 8.2 months in Q3 2019 to 5.3 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-20.3% +14.1% +25.5%
SALES PRICE TO LIST PRICE RATIO
+2.9% MEDIAN CUMULATIVE DAYS ON MARKET
+21.8% -35.3% +27.6% +24.4%
Source: FMLS
118
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 200
200
150
150
100
100
50
50
0
3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 132 decreased 20% on a year-over-year basis from 537 in Q3 2019 to 428 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 132 increased 22% on a year-over-year basis from 124 in Q3 2019 to 151 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of single-family home sales in FMLS Area 132 increased 14% on a year-over-year basis from 71 in Q3 2019 to 81 in Q3 2020.
Source: FMLS
119
FMLS
AREA 131
121
FMLS Area 21 Overview
3Q 2020
FMLS AREA 131 13
14
81 82
84
121
131
132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
75 85
Source: FMLS
122
52
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
20
53 First Multiple Listing Service (FMLS) Area 131 includes the northernmost portion of Sandy Springs. It includes North Springs, Perimeter Center, and several other neighborhoods. FMLS Area 131 is defined as being within Sandy Springs, but north of I-285.
FMLS AREA 131 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Areas 131 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
58
21
20
23
9
6
0
4
1
1
0
0
1
ANNUAL CLOSINGS
98
40
25
16
8
2
1
0
1
1
0
0
19
MONTHLY CLOSINGS
11
3
2
1
1
1
0
0
0
0
0
0
4
AVERAGE CDOM
50
33
28
63
108
84
185
0
380
56
0
0
48
98%
98%
98%
98%
94%
95%
100%
0%
97%
95%
0%
0%
97%
2
2
3
13
4
9
0
0
3
3
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Areas 131 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
ACTIVE LISTINGS
0
1
ANNUAL CLOSINGS
0
0
MONTHLY CLOSINGS
0
0
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
1
9
16
12
4
23
41
23
0
2
3
8
AVG/ TOTALS
11
3
12
31
5
0
1
12
14
7
13
1
0
138
4
5
2
4
0
0
3
0
0
91
51
40
57
26
28
123
43
54
0
51
0%
0%
91%
97%
97%
98%
97%
94%
93%
96%
89%
0%
96%
0
0
1
2
1
2
3
1
5
7
15
0
2
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
123
Condominiums
3Q 2020
FMLS AREA 131 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 131 increased 2% on a year-over-year basis from 259 in Q3 2019 to 265 in Q3 2020. The number of new condo listings in FMLS Area 131 decreased 9.2% on a year-over-year basis from 152 in Q3 2019 to 138 in Q3 2020. The number of condo sales in FMLS Area 131 decreased 3% on a year-over-year basis from 104 in Q3 2019 to 101 in Q3 2020. The months of inventory for condos in FMLS Area 131 remained the same on a year-over-year basis from 2.7 months in Q3 2019 to 2.7 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
+2.3%
-2.9%
+6.7%
+0.7%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-9.2%
+0.2%
Source: FMLS
124
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+12.1% +40.4%
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 131 increased 2% on a yearover-year basis from 259 in Q3 2019 to 265 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 131 decreased 9.2% on a year-over-year basis from 152 in Q3 2019 to 138 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 131 decreased 3% on a year-overyear basis from 104 in Q3 2019 to 101 in Q3 2020.
Source: FMLS
125
Townhomes
3Q 2020
FMLS AREA 131 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 131 decreased 23% on a year-over-year basis from 248 in Q3 2019 to 192 in Q3 2020. The number of new townhome listings in FMLS Area 131 decreased 3% on a year-over-year basis from 121 in Q3 2019 to 117 in Q3 2020. The number of townhome sales in FMLS Area 131 decreased 14% on a year-over-year basis from 85 in Q3 2019 to 73 in Q3 2020. The months of inventory for townhomes in FMLS Area 131 decreased 13% on a year-over-year basis from 3.1 months in Q3 2019 to 2.7 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-22.6%
-14.1%
-3.0%
+0.8%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-3.3%
-12.6%
Source: FMLS
126
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
-1.4%
+8.3%
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 131 decreased 23% on a year-over-year basis from 248 in Q3 2019 to 192 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 131 decreased 3% on a year-over-year basis from 121 in Q3 2019 to 117 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 131 decreased 14% on a year-over-year basis from 85 in Q3 2019 to 73 in Q3 2020.
Source: FMLS
127
Single-family
3Q 2020
FMLS AREA 131 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 131 decreased 26% on a year-over-year basis from 571 in Q3 2019 to 422 in Q3 2020. The number of new single-family home listings in FMLS Area 131 increased 4% on a year-over-year basis from 164 in Q3 2019 to 171 in Q3 2020. The number of single-family home sales in FMLS Area 131 increased 15% on a year-over-year basis from 107 in Q3 2019 to 123 in Q3 2020. The months of inventory for single-family homes in FMLS Area 131 decreased 39% on a year-over-year basis from 5.8 months in Q3 2019 to 3.5 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
-26.1% +15.0%
+4.3%
-39.0%
Source: FMLS
128
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-3.3%
+1.8%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+6.0%
-56.0%
SUPPLY D YNAMICS 200
100
180 160
80
140 120
60
100 80
40
60 40
20
20 0
0 3Q18
4Q18
The number of active single-family listings in FMLS Area 131 decreased 26% on a year-over-year basis from 571 in Q3 2019 to 422 in Q3 2020.
1Q19
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 131 increased 4% on a year-over-year basis from 164 in Q3 2019 to 171 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 131 increased 15% on a year-over-year basis from 107 in Q3 2019 to 123 in Q3 2020.
Source: FMLS
129
FMLS
AREA 121
131
FMLS Area 21 Overview
3Q 2020
FMLS AREA 121 13
14
81 82
84
121
131
132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
75 85
Source: FMLS
132
52
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
20
53 First Multiple Listing Service (FMLS) Area 121 includes the city of Dunwoody. It includes Dunwoody Country Club, Withmere, Wynterhall, and several other neighborhoods. FMLS Area 121 is bordered on the west by Ga-400, the north by Holcomb Bridge Road, the east by Cheshire Bridge Rd., and the south by I-285.
FMLS AREA 121 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Areas 121 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
10
24
17
21
7
2
0
0
0
0
0
0
81
ANNUAL CLOSINGS
25
24
28
14
8
1
0
0
0
0
0
0
100
MONTHLY CLOSINGS
3
2
2
1
1
0
0
0
0
0
0
0
2
AVERAGE CDOM
27
76
47
98
34
31
0
0
0
0
0
0
57
94%
96%
97%
97%
97%
96%
0%
0%
0%
0%
0%
0%
99%
1
3
2
9
1
6
0
0
0
0
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Areas 121 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
ACTIVE LISTINGS
0
ANNUAL CLOSINGS
2
MONTHLY CLOSINGS
0
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
2
8
21
17
17
11
5
3
20
2
0
106
4
16
55
46
32
13
9
5
10
0
0
192
0
1
5
4
11
4
3
2
3
0
0
4
2
10
34
53
59
45
54
28
68
86
0
0
5
93%
99%
97%
98%
97%
101%
95%
96%
89%
93%
0%
0%
97%
0
2
2
2
1
2
3
2
2
6
0
0
2
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
133
Condominiums
3Q 2020
FMLS AREA 121 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 121 increased 27% on a year-over-year basis from 132 in Q3 2019 to 168 in Q3 2020. The number of new condo listings in FMLS Area 121 increased 30% on a year-over-year basis from 66 in Q3 2019 to 86 in Q3 2020. The number of condo sales in FMLS Area 121 increased 16% on a year-overyear basis from 45 in Q3 2019 to 52 in Q3 2020. The months of inventory for condos in FMLS Area 121 increased 5.7% on a year-over-year basis from 3.1 months in Q3 2019 to 3.3 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+27.3% +15.6%
+30.3%
+5.7%
Source: FMLS
134
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-5.4%
+0.1%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-4.1%
-17.8%
SUPPLY D YNAMICS 80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
The number of active condo listings in FMLS Area 121 increased 27% on a year-over-year basis from 132 in Q3 2019 to 168 in Q3 2020.
1Q19
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 121 increased 30% on a year-over-year basis from 66 in Q3 2019 to 86 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 121 increased 16% on a year-overyear basis from 45 in Q3 2019 to 52 in Q3 2020.
Source: FMLS
135
Townhomes
3Q 2020
FMLS AREA 121 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 121 decreased 34% on a year-over-year basis from 151 in Q3 2019 to 99 in Q3 2020. The number of new townhome listings in FMLS Area 121 increased 80% on a year-over-year basis from 45 in Q3 2019 to 81 in Q3 2020. The number of townhome sales in FMLS Area 121 increased 3% on a year-over-year basis from 36 in Q3 2019 to 37 in Q3 2020. The months of inventory for townhomes in FMLS Area 121 decreased 33% on a year-over-year basis from 4.2 months in Q3 2019 to 2.8 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-34.4%
+2.8%
+9.7%
+0.8%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+80.0% -33.3%
Source: FMLS
136
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+2.7%
-22.2%
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 121 decreased 34% on a year-over-year basis from 151 in Q3 2019 to 99 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 121 increased 80% on a year-over-year basis from 45 in Q3 2019 to 81 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 121 increased 3% on a yearover-year basis from 36 in Q3 2019 to 37 in Q3 2020.
Source: FMLS
137
Single-family
3Q 2020
FMLS AREA 121 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 121 decreased 24% on a year-over-year basis from 588 in Q3 2019 to 447 in Q3 2020. The number of new single-family home listings in FMLS Area 121 decreased 10.3% on a year-over-year basis from 223 in Q3 2019 to 200 in Q3 2020. The number of single-family home sales in FMLS Area 121 increased 13% on a year-over-year basis from 154 in Q3 2019 to 174 in Q3 2020. The months of inventory for single-family homes in FMLS Area 121 decreased 34% on a year-over-year basis from 3.9 months in Q3 2019 to 2.6 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-24.0%
+13.0%
+9.8%
+2.2%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-10.3%
-34.2% +11.5% -29.4%
Source: FMLS
138
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 200
240
200
160
160
120
120 80 80 40
40
0
0 3Q18
4Q18
The number of active single-family listings in FMLS Area 121 decreased 24% on a year-over-year basis from 588 in Q3 2019 to 447 in Q3 2020.
1Q19
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 121 decreased 10.3% on a year-over-year basis from 223 in Q3 2019 to 200 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 121 increased 13% on a year-over-year basis from 154 in Q3 2019 to 174 in Q3 2020.
Source: FMLS
139
FMLS
AREA 61-62
141
Overview
3Q 2020
FMLS AREA 61-62 13
62
14
81 82
84
61
121
131
132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
75 85
Source: FMLS
142
52
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
20
53 First Multiple Listing Service (FMLS) Area 61-62 encompasses Norcross, Duluth, Buford, and Suwanee. It includes Riverbrooke, The Village at Albion Farms, Berkley Lake, and several other neighborhoods. FMLS Areas 61 and 62 are defined as the borders of Norcross, Duluth, Buford, and Suwanee
FMLS AREA 61-62 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Areas 61-62 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
26
65
50
16
3
0
0
0
0
0
0
0
160
ANNUAL CLOSINGS
85
120
90
20
0
0
0
0
0
0
0
0
315
MONTHLY CLOSINGS
9
10
8
2
0
0
0
0
0
0
0
0
6
AVERAGE CDOM
61
28
72
91
0
0
0
0
0
0
0
0
44
94%
99%
91%
96%
0%
0%
0%
0%
0%
0%
0%
0%
94%
1
2
2
5
0
0
0
0
0
0
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Areas 61-62 from July, 1 2020 thru September, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
3
79
102
92
44
42
31
12
13
49
23
0
490
ANNUAL CLOSINGS
56
444
454
257
78
35
24
12
11
28
4
0
1403
MONTHLY CLOSINGS
6
37
38
21
7
12
8
4
4
9
1
0
26
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
20
20
40
67
65
60
70
93
55
119
472
0
43
83%
99%
98%
98%
96%
97%
99%
94%
93%
90%
88%
0%
97%
0
1
1
2
2
4
4
3
4
5
17
0
1
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
143
Condominiums
3Q 2020
FMLS AREA 61-62 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 61-62 increased 7% on a year-over-year basis from 86 in Q3 2019 to 92 in Q3 2020. The number of new condo listings in FMLS Area 61-62 decreased 6% on a year-over-year basis from 53 in Q3 2019 to 50 in Q3 2020. The number of condo sales in FMLS Area 61-62 increased 48% on a year-overyear basis from 31 in Q3 2019 to 46 in Q3 2020. The months of inventory for condos in FMLS Area 61-62 decreased 28% on a year-over-year basis from 2.8 months in Q3 2019 to 2 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
+7.0%
+48.4%
+3.3%
+1.7%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-5.7%
-27.8%
Source: FMLS
144
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+10.1%
+4.0%
SUPPLY D YNAMICS 40
40
30
30
20
20
10
10
0
0 3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 61-62 increased 7% on a year-over-year basis from 86 in Q3 2019 to 92 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 61-62 decreased 6% on a year-over-year basis from 53 in Q3 2019 to 50 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 61-62 increased 48% on a yearover-year basis from 31 in Q3 2019 to 46 in Q3 2020.
Source: FMLS
145
Townhomes
3Q 2020
FMLS AREA 61-62 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 61-62 decreased 12% on a year-over-year basis from 561 in Q3 2019 to 496 in Q3 2020. The number of new townhome listings in FMLS Area 61-62 increased 9% on a year-overyear basis from 298 in Q3 2019 to 326 in Q3 2020. The number of townhome sales in FMLS Area 61-62 increased 9% on a year-over-year basis from 218 in Q3 2019 to 238 in Q3 2020. The months of inventory for townhomes in FMLS Area 61-62 decreased 20% on a year-over-year basis from 2.6 months in Q3 2019 to 2.1 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-11.6%
+9.2%
-13.2%
+0.6%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+9.4%
-19.6% +12.2% +22.6%
Source: FMLS
146
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 200
200
160
160
120
120
80
80
40
40
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 61-62 decreased 12% on a year-over-year basis from 561 in Q3 2019 to 496 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 61-62 increased 9% on a year-over-year basis from 298 in Q3 2019 to 326 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 61-62 increased 9% on a year-over-year basis from 218 in Q3 2019 to 238 in Q3 2020
Source: FMLS
147
Single-family
3Q 2020
FMLS AREA 61-62 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 61-62 decreased 32% on a year-over-year basis from 3305 in Q3 2019 to 2380 in Q3 2020. The number of new single-family home listings in FMLS Area 61-62 decreased 1% on a year-over-year basis from 1426 in Q3 2019 to 1409 in Q3 2020. The number of single-family home sales in FMLS Area 61-62 increased 15% on a year-over-year basis from 1094 in Q3 2019 to 1260 in Q3 2020. The months of inventory for single-family homes in FMLS Area 61-62 decreased 41% on a year-over-year basis from 3.2 months in Q3 2019 to 1.9 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
-32.1% +15.2%
-1.2%
-41.0%
Source: FMLS
148
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+3.0%
+1.5%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+2.6%
-44.3%
SUPPLY D YNAMICS 1300
1000
1200
900
1100
800
1000 900
700
800
600
700
500
600 500
400
400
300
300
200
200
100
100 0
0 3Q18
4Q18
The number of active single-family listings in FMLS Area 61-62 decreased 32% on a year-over-year basis from 3305 in Q3 2019 to 2380 in Q3 2020.
1Q19
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 61-62 decreased 1% on a year-over-year basis from 1426 in Q3 2019 to 1409 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 61-62 increased 15% on a year-over-year basis from 1094 in Q3 2019 to 1260 in Q3 2020.
Source: FMLS
149
FMLS
AREA 72-75
151
Overview
3Q 2020
FMLS AREA 72-75 75 81 82 74 84
73
132 51 400
71 72
21
285
85
75 285 85
22
52
23 24
20
31
32
20
53
First Multiple Listing Service (FMLS) Area 72-75 includes the eastern region of Cobb County, the areas surrounding Marietta, 75 Kennesaw, and Acworth. It includes Dobbins Air Force Base, 285 85 Peach Arbor, Cumberland Ridge, and many other neighborhoods. FMLS Areas 72-75 are bound within Cobb county and to the west of I-75.
Source: FMLS
152
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
FMLS AREA 72-75 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Areas 72-75 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
31
51
68
43
8
6
2
0
0
0
0
0
209
ANNUAL CLOSINGS
163
229
135
46
10
4
0
0
0
0
0
0
587
MONTHLY CLOSINGS
18
19
11
4
1
1
0
0
0
0
0
0
11
AVERAGE CDOM
21
42
71
133
98
81
0
0
0
0
0
0
42
95%
100%
99%
99%
97%
96%
0%
0%
0%
0%
0%
0%
99%
1
1
2
3
4
5
0
0
0
0
0
0
1
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Areas 72-75 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
ACTIVE LISTINGS
30
121
135
ANNUAL CLOSINGS
220
755
541
MONTHLY CLOSINGS
24
63
45
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
137
79
62
34
14
5
28
3
0
648
341
185
74
27
15
8
16
0
0
2182
28
15
25
9
5
3
5
0
0
40
41
21
38
60
50
56
122
94
77
64
0
0
37
88%
94%
99%
97%
98%
97%
96%
98%
96%
96%
0%
0%
94%
0
1
1
1
2
3
4
3
2
5
0
0
1
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
153
Condominiums
3Q 2020
FMLS AREA 72-75 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 72-75 decreased 39% on a year-over-year basis from 213 in Q3 2019 to 131 in Q3 2020. The number of new condo listings in FMLS Area 72-75 decreased 6.4% on a year-over-year basis from 171 in Q3 2019 to 160 in Q3 2020. The number of condo sales in FMLS Area 72-75 increased 1% on a year-over-year basis from 140 in Q3 2019 to 141 in Q3 2020. The months of inventory for condos in FMLS Area 72-75 decreased 35% on a year-over-year basis from 1.5 months in Q3 2019 to 1 month in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-38.5%
+0.7%
+8.8%
+0.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-6.4%
-35.2%
Source: FMLS
154
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+8.4%
-46.8%
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
The number of active condo listings in FMLS Area 72-75 decreased 39% on a year-over-year basis from 213 in Q3 2019 to 131 in Q3 2020.
1Q19
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 72-75 decreased 6.4% on a year-over-year basis from 171 in Q3 2019 to 160 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 72-75 increased 1% on a yearover-year basis from 140 in Q3 2019 to 141 in Q3 2020
Source: FMLS
155
Townhomes
3Q 2020
FMLS AREA 72-75 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 72-75 decreased 21% on a year-over-year basis from 821 in Q3 2019 to 646 in Q3 2020. The number of new townhome listings in FMLS Area 72-75 increased 6% on a year-overyear basis from 432 in Q3 2019 to 458 in Q3 2020. The number of townhome sales in FMLS Area 72-75 increased 5% on a year-over-year basis from 382 in Q3 2019 to 401 in Q3 2020. The months of inventory for townhomes in FMLS Area 72-75 decreased 25% on a year-over-year basis from 2.2 months in Q3 2019 to 1.6 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-21.3%
+5.0%
+22.6%
+1.0%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+6.0%
-24.9% +12.9% -36.8%
Source: FMLS
156
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS
300
300
260
260
220
220
180
180
140
140
100
100
60
60
20
20
-20
3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 72-75 decreased 21% on a year-over-year basis from 821 in Q3 2019 to 646 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 72-75 increased 6% on a year-over-year basis from 432 in Q3 2019 to 458 in Q3 2020.
1Q20
2Q20
3Q20
-20
The number of townhome sales in FMLS Area 72-75 increased 5% on a year-over-year basis from 382 in Q3 2019 to 401 in Q3 2020.
Source: FMLS
157
Single-family
3Q 2020
FMLS AREA 72-75 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 72-75 decreased 31% on a year-over-year basis from 4540 in Q3 2019 to 3134 in Q3 2020. The number of new single-family home listings in FMLS Area 72-75 decreased 5.5% on a year-over-year basis from 2332 in Q3 2019 to 2204 in Q3 2020. The number of single-family home sales in FMLS Area 72-75 increased 9% on a year-over-year basis from 1876 in Q3 2019 to 2040 in Q3 2020. The months of inventory for single-family homes in FMLS Area 72-75 decreased 38% on a year-over-year basis from 2.5 months in Q3 2019 to 1.5 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-31.0%
+8.7%
+14.8%
+1.4%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-5.5%
-37.8% +13.4% -40.0%
Source: FMLS
158
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 1400 1600 1200
1400 1200
1000
1000
800
800
600
600 400
400
200
200 0
0 3Q18
4Q18
The number of active single-family listings in FMLS Area 72-75 decreased 31% on a year-over-year basis from 4540 in Q3 2019 to 3134 in Q3 2020.
1Q19
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 72-75 decreased 5.5% on a year-over-year basis from 2332 in Q3 2019 to 2204 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 72-75 increased 9% on a year-over-year basis from 1876 in Q3 2019 to 2040 in Q3 2020.
Source: FMLS
159
FMLS
AREA 81-83
161
FMLS Area 21 Overview
3Q 2020
FMLS AREA 81-83 81 82 74 83
73
132 51 400
71 72
21
285
85
75 285 85
22
23 24
20
31
285
Source: FMLS
162
52
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
32
20
53
75 First Multiple Listing Service (FMLS) Area 81-83 includes the area commonly referred to as East Cobb County. It includes White 85 Oaks Landing, Downing Street, Brentwood Park, and many other neighborhoods. FMLS Areas 81-83 are defined as being within Cobb county, but to the east of I-75.
FMLS AREA 81-83 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Areas 81-83 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
19
15
16
17
2
5
3
6
0
0
0
0
83
ANNUAL CLOSINGS
85
48
22
22
5
7
0
0
1
0
0
0
190
MONTHLY CLOSINGS
9
4
2
2
0
2
0
0
0
0
0
0
4
AVERAGE CDOM
29
47
107
68
174
235
0
0
17
0
0
0
53
94%
98%
83%
98%
98%
96%
0%
0%
98%
0%
0%
0%
90%
1
1
2
3
1
2
0
0
0
0
0
0
1
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Areas 81-83 from July, 1 2020 thru September, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
3
52
86
87
63
42
37
17
18
54
10
1
47
ANNUAL CLOSINGS
19
231
278
206
122
60
46
31
12
37
1
0
1043
MONTHLY CLOSINGS
2
19
23
17
10
20
15
10
4
12
0
0
19
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
23
28
34
46
51
45
102
48
234
70
22
0
45
95%
96%
98%
97%
97%
97%
96%
98%
96%
96%
95%
0%
97%
0
1
1
1
2
2
2
2
5
4
30
0
1
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
163
Condominiums
3Q 2020
FMLS AREA 81-83 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 81-83 decreased 10% on a year-over-year basis from 192 in Q3 2019 to 172 in Q3 2020. The number of new condo listings in FMLS Area 81-83 increased 10% on a year-over-year basis from 94 in Q3 2019 to 103 in Q3 2020. The number of condo sales in FMLS Area 81-83 increased 12% on a year-over-year basis from 84 in Q3 2019 to 94 in Q3 2020. The months of inventory for condos in FMLS Area 81-83 decreased 21% on a year-over-year basis from 2.3 months in Q3 2019 to 1.8 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-10.4%
+11.9%
+4.1%
+0.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+9.6%
-21.3%
Source: FMLS
164
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+2.9%
-7.8%
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
The number of active condo listings in FMLS Area 81-83 decreased 10% on a year-over-year basis from 192 in Q3 2019 to 172 in Q3 2020.
1Q19
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 81-83 increased 10% on a year-over-year basis from 94 in Q3 2019 to 103 in Q3 2020.
1Q20
2Q20
3Q20
The number of condo sales in FMLS Area 81-83 increased 12% on a yearover-year basis from 84 in Q3 2019 to 94 in Q3 2020.
Source: FMLS
165
Townhomes
3Q 2020
FMLS AREA 81-83 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 81-83 decreased 10% on a year-over-year basis from 190 in Q3 2019 to 171 in Q3 2020. The number of new townhome listings in FMLS Area 81-83 increased 21% on a yearover-year basis from 92 in Q3 2019 to 111 in Q3 2020. The number of townhome sales in FMLS Area 81-83 increased 36% on a year-over-year basis from 62 in Q3 2019 to 84 in Q3 2020. The months of inventory for townhomes in FMLS Area 81-83 decreased 36% on a year-over-year basis from 3.2 months in Q3 2019 to 2.1 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
-10.0% NUMBER OF NEW LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+35.5% +19.4%
+20.7% -36.0% +13.5%
Source: FMLS
166
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SALES PRICE TO LIST PRICE RATIO
+0.9% MEDIAN CUMULATIVE DAYS ON MARKET
+8.9%
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 81-83 decreased 10% on a year-over-year basis from 190 in Q3 2019 to 171 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 81-83 increased 21% on a year-over-year basis from 92 in Q3 2019 to 111 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 81-83 increased 36% on a year-over-year basis from 62 in Q3 2019 to 84 in Q3 2020.
Source: FMLS
167
Single-family
3Q 2020
FMLS AREA 81-83 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 81-83 decreased 27% on a year-over-year basis from 2656 in Q3 2019 to 1939 in Q3 2020. The number of new single-family home listings in FMLS Area 81-83 increased 5% on a year-over-year basis from 1078 in Q3 2020 to 1128 in Q3 2020. The number of single-family home sales in FMLS Area 81-83 increased 11% on a year-over-year basis from 859 in Q3 2019 to 955 in Q3 2020. The months of inventory for single-family homes in FMLS Area 81-83 decreased 36% on a year-over-year basis from 3.2 months in Q3 2019 to 2 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
-27.0% NUMBER OF NEW LISTINGS
+4.6%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+11.2% -16.5%
+0.8% MEDIAN CUMULATIVE DAYS ON MARKET
-35.6% +12.2% -36.8%
Source: FMLS
168
SALES PRICE TO LIST PRICE RATIO
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 1000
1000
900
900
800
800
700
700
600
600
500
500
400
400
300
300
200
200
100
100
0
0 3Q18
4Q18
The number of active single-family listings in FMLS Area 81-83 decreased 27% on a year-over-year basis from 2656 in Q3 2019 to 1939 in Q3 2020.
1Q19
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 81-83 increased 5% on a year-over-year basis from 1078 in Q3 2020 to 1128 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 81-83 increased 11% on a year-over-year basis from 859 in Q3 2019 to 955 in Q3 2020.
Source: FMLS
169
FMLS
AREA 13
171
FMLS Area 21 Overview
3Q 2020
FMLS AREA 13 13
14
81 82
84
121
131
132 51 400
71
21
285
85
75 285 85
22
23 24
20
20
31
285
85
Source: FMLS
172
52
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
32 First Multiple53 Listing Service (FMLS) Area 13 includes the western portion of Alpharetta and Eastern portion of Roswell. It includes White Columns Golf Club, Crabapple Woods, Mountain Park, 75 and several other neighborhoods. FMLS Area 13 is in North Fulton County and is bordered by Cobb, Cherokee, and Forsyth counties.
FMLS AREA 13 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 13 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
8
27
21
61
37
19
6
6
5
3
0
0
193
ANNUAL CLOSINGS
34
72
85
47
31
12
5
3
3
4
0
0
296
MONTHLY CLOSINGS
4
6
7
4
3
4
2
1
1
1
0
0
5
AVERAGE CDOM
36
26
59
81
61
58
34
4
20
48
0
0
49
88%
99%
98%
96%
98%
98%
97%
99%
97%
97%
0%
0%
97%
1
2
1
4
4
5
4
6
5
2
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 13 from July, 1 2020 thru September, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
3
8
19
33
29
37
29
21
22
87
24
4
316
ANNUAL CLOSINGS
4
40
118
132
104
74
68
45
26
62
6
0
679
MONTHLY CLOSINGS
0
3
10
11
9
25
23
15
9
21
2
0
13
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
19
36
50
34
36
42
70
104
110
91
108
0
55
94%
96%
96%
98%
98%
98%
97%
97%
98%
96%
93%
0%
97%
2
1
1
1
1
2
1
1
3
4
12
0
1
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
173
Townhomes
3Q 2020
FMLS AREA 13 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 13 decreased 9% on a year-over-year basis from 539 in Q3 2019 to 493 in Q3 2020. The number of new townhome listings in FMLS Area 13 increased 13% on a year-over-year basis from 224 in Q3 2019 to 252 in Q3 2020. The number of townhome sales in FMLS Area 13 increased 3% on a year-over-year basis from 177 in Q3 2019 to 182 in Q3 2020. The months of inventory for townhomes in FMLS Area 13 decreased 10% on a year-over-year basis from 3.1 months in Q3 2019 to 2.8 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-8.5%
+2.8%
+3.6%
+0.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+12.5%
-9.5%
Source: FMLS
174
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+1.4%
-6.3%
SUPPLY D YNAMICS 250
250
200
200
150
150
100
100
50
50
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 13 decreased 9% on a year-over-year basis from 539 in Q3 2019 to 493 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 13 increased 13% on a year-over-year basis from 224 in Q3 2019 to 252 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 13 increased 3% on a yearover-year basis from 177 in Q3 2019 to 182 in Q3 2020.
Source: FMLS
175
Single-Family
3Q 2020
FMLS AREA 13 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 13 decreased 30% on a year-over-year basis from 2115 in Q3 2019 to 1487 in Q3 2020. The number of new single-family home listings in FMLS Area 13 increased 1% on a year-over-year basis from 758 in Q3 2019 to 762 in Q3 2020. The number of single-family home sales in FMLS Area 13 increased 23% on a year-over-year basis from 520 in Q3 2019 to 639 in Q3 2020. The months of inventory for single-family homes in FMLS Area 13 decreased 44% on a year-over-year basis from 4.2 months in Q3 2019 to 2.4 months in Q3 2020.
M ARK E T AC TIV ITY D ASHBOARD | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-29.7% +22.9% +48.0%
+0.5%
-43.7%
Source: FMLS
176
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+8.4%
SALES PRICE TO LIST PRICE RATIO
+2.5% MEDIAN CUMULATIVE DAYS ON MARKET
-38.9%
SUPPLY D YNAMICS 800
800
600
600
400
400
200
200
0
0 3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 13 decreased 30% on a year-over-year basis from 2115 in Q3 2019 to 1487 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 13 increased 1% on a year-over-year basis from 758 in Q3 2019 to 762 in Q3 2020.
1Q20
2Q20
3Q20
The number of single-family home sales in FMLS Area 13 increased 23% on a year-over-year basis from 520 in Q3 2019 to 639 in Q3 2020.
Source: FMLS
177
FMLS
AREA 14
179
FMLS Area 21 Overview
3Q 2020
FMLS AREA 14 13
14
81 82
84
121
131
132 51 400
71
21
285
85
75 285 85
22
23 24
20
20
31
285
85
Source: FMLS
180
52
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
32 53 First Multiple Listing Service (FMLS) Area 14 includes the southern and eastern portions of Alpharetta. It includes Seven Oaks, 75 Windward, St. Raphael, and several other neighborhoods. FMLS Area 14 is in North Fulton County and is bordered by Forsyth, Gwinnett, and Dekalb counties.
FMLS AREA 14 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 14 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
8
12
18
10
4
3
1
0
0
0
0
0
56
ANNUAL CLOSINGS
23
29
38
13
4
1
0
0
0
0
0
0
108
MONTHLY CLOSINGS
3
2
3
1
0
0
0
0
0
0
0
0
2
AVERAGE CDOM
16
19
40
90
149
71
0
0
0
0
0
0
44
94%
98%
97%
97%
98%
95%
0%
0%
0%
0%
0%
0%
97%
1
2
2
4
4
9
0
0
0
0
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 14 from July, 1 2020 thru September, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
0
3
30
30
34
35
33
14
10
54
16
0
259
ANNUAL CLOSINGS
1
35
181
172
133
87
38
21
16
37
3
0
724
MONTHLY CLOSINGS
0
3
15
14
11
29
13
7
5
12
1
0
13
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
0
23
34
46
43
53
73
44
85
112
112
0
4
97%
98%
98%
97%
97%
97%
97%
97%
97%
94%
90%
0%
97%
0
0
1
1
1
1
3
2
2
4
16
0
1
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
181
Townhomes
3Q 2020
FMLS AREA 14 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 14 decreased 39% on a year-over-year basis from 267 in Q3 2019 to 162 in Q3 2020. The number of new townhome listings in FMLS Area 14 decreased 13% on a year-over-year basis from 112 in Q3 2019 to 97 in Q3 2020. The number of townhome sales in FMLS Area 13 decreased 20% on a year-over-year basis from 89 in Q3 2019 to 71 in Q3 2020. The months of inventory for townhomes in FMLS Area 14 decreased 24% on a year-over-year basis from 3.1 months in Q3 2019 to 2.4 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-39.3% -20.2% +16.6%
-13.4%
-23.5%
Source: FMLS
182
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+2.5%
SALES PRICE TO LIST PRICE RATIO
+2.0% MEDIAN CUMULATIVE DAYS ON MARKET
-36.4%
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0 3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 14 decreased 39% on a year-over-year basis from 267 in Q3 2019 to 162 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 14 decreased 13% on a year-over-year basis from 112 in Q3 2019 to 97 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 13 decreased 20% on a year-over-year basis from 89 in Q3 2019 to 71 in Q3 2020.
Source: FMLS
183
Single-Family
3Q 2020
FMLS AREA 14 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 14 decreased 46% on a year-over-year basis from 2120 in Q3 2020 to 1139 in Q3 2020. The number of new single-family home listings in FMLS Area 14 decreased 14% on a year-over-year basis from 788 in Q3 2019 to 680 in Q3 2020. The number of single-family home sales in FMLS Area 14 increased 17% on a year-over-year basis from 577 in Q3 2019 to 675 in Q3 2020. The months of inventory for single-family homes in FMLS Area 14 decreased 56% on a year-over-year basis from 3.8 months in Q3 2019 to 1.7 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
-46.3% +17.0%
-13.7%
SALES PRICE TO LIST PRICE RATIO
+7.8%
+2.4%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-55.7% +12.4% -24.7%
Source: FMLS
184
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 800
800
600
600
400
400
200
200
0
3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 14 decreased 46% on a year-over-year basis from 2120 in Q3 2020 to 1139 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 14 decreased 14% on a year-over-year basis from 788 in Q3 2019 to 680 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of single-family home sales in FMLS Area 14 increased 17% on a year-over-year basis from 577 in Q3 2019 to 675 in Q3 2020.
Source: FMLS
185
186
FMLS
AREA 221-222
187
FMLS Area 21 Overview
3Q 2020
FMLS AREA 221-222 222
221 13
62 14
61
121
131
132 51 400
71
21
285
85
75 285 85
22
23 24
20
32
31
285
52
53
75 85
Source: FMLS
188
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
First Multiple Listing Service (FMLS) Area 221 and 222 encompasses most of Forsyth County’s area surrounding the city of Cumming. It includes Laurel Springs, Evonvale, Gelncree, 20 Aberdeen, and numerous other neighborhoods. FMLS Area 221 and 222 are bound by the Forsyth county lines on south and west sides, and the city of Cumming lines on the north and east.
FMLS AREA 221-222 SUMMARY OF MARKET ACTIVITY
AT TA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 13 from July, 1 2020 thru September, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
0
7
30
6
6
4
2
0
0
0
0
0
5
ANNUAL CLOSINGS
3
56
49
11
4
1
1
0
0
0
0
0
125
MONTHLY CLOSINGS
0
5
4
1
0
0
0
0
0
0
0
0
2
AVERAGE CDOM
5
30
39
97
11
318
55
0
0
0
0
0
42
94%
98%
98%
100%
100%
94%
117%
0%
0%
0%
0%
0%
98%
0
0
2
2
7
12
6
0
0
0
0
0
1
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 13 from July, 1 2020 thru September, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
1
6
42
71
48
37
31
14
9
23
3
1
286
ANNUAL CLOSINGS
6
86
285
280
164
83
41
27
11
18
0
0
1001
MONTHLY CLOSINGS
1
7
24
23
14
28
14
9
4
6
0
0
19
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
27
18
46
52
56
66
116
72
30
149
0
0
53
96%
99%
97%
97%
98%
97%
97%
97%
96%
97%
0%
0%
97%
0
0
0
1
1
1
2
2
2
4
0
0
1
Source: FMLS Absorption Analysis Report Trailing 3 Months from 9/30/20
Source: FMLS
189
Condominiums
3Q 2020
FMLS AREA 221-222 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Area 221-222 decreased 26% on a year-over-year basis from 65 in Q3 2019 to 48 in Q3 2020. The number of new condo listings in FMLS Area 221-222 decreased 13% on a year-over-year basis from 32 in Q3 2019 to 28 in Q3 2020. The number of condo sales in FMLS Area 221-222 decreased 9% on a year-over-year basis from 32 in Q3 2019 to 29 in Q3 2020. The months of inventory for condos in FMLS Area 221-222 decreased 16% on a year-over-year basis from 2 months in Q3 2019 to 1.7 months in Q3 2020.
MARK E T AC TIV ITY D ASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-26.2%
-9.4%
-7.6%
+0.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-12.5%
-15.7%
Source: FMLS
190
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+1.7%
-58.4%
SUPPLY D YNAMICS 40
20 18
35
16 30 14 25
12
20
10 8
15
6 10
4
5 0
2
3Q18
4Q18
1Q19
The number of active condo listings in FMLS Area 221-222 decreased 26% on a year-over-year basis from 65 in Q3 2019 to 48 in Q3 2020.
2Q19
3Q19
4Q19
The number of new condo listings in FMLS Area 221-222 decreased 13% on a year-over-year basis from 32 in Q3 2019 to 28 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of condo sales in FMLS Area 221-222 decreased 9% on a yearover-year basis from 32 in Q3 2019 to 29 in Q3 2020.
Source: FMLS
191
Townhomes
3Q 2020
FMLS AREA 221-222 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 221-222 decreased 24% on a year-over-year basis from 207 in Q3 2019 to 158 in Q3 2020. The number of new townhome listings in FMLS Area 221-222 decreased 7% on a year-over-year basis from 94 in Q3 2019 to 87 in Q3 2020. The number of townhome sales in FMLS Area 221222 increased 6% on a year-over-year basis from 82 in Q3 2019 to 87 in Q3 2020. The months of inventory for townhomes in FMLS Area 221-222 decreased 28% on a year-over-year basis from 2.6 months in Q3 2019 to 1.8 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-23.7%
+6.1%
+7.4%
+0.4%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-7.4%
-28.2%
Source: FMLS
192
MEDIAN SALE PRICE
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
+9.3%
-34.0%
SUPPLY D YNAMICS 100
100
80
80
60
60
40
40
20
20
0
0
3Q18
4Q18
1Q19
The number of active townhome listings in FMLS Area 221-222 decreased 24% on a year-over-year basis from 207 in Q3 2019 to 158 in Q3 2020.
2Q19
3Q19
4Q19
The number of new townhome listings in FMLS Area 221-222 decreased 7% on a year-over-year basis from 94 in Q3 2019 to 87 in Q3 2020.
1Q20
2Q20
3Q20
The number of townhome sales in FMLS Area 221-222 increased 6% on a year-over-year basis from 82 in Q3 2019 to 87 in Q3 2020.
Source: FMLS
193
Single-Family
3Q 2020
FMLS AREA 221-222 S U MMARY OF SIN GL E - FAMILY D ETACHED MARKET ACT IVIT Y The number of active single-family listings in FMLS Area 221-222 decreased 51% on a year-over-year basis from 65 in Q3 2019 to 48 in Q3 2020. The number of new single-family home listings in FMLS Area 221-222 decreased 8% on a year-over-year basis from 32 in Q3 2019 to 28 in Q3 2020. The number of single-family home sales in FMLS Area 221-222 increased 20% on a year-over-year basis from 32 in Q3 2019 to 29 in Q3 2020. The months of inventory for single-family homes in FMLS Area 221-222 decreased 16% on a year-over-year basis from 2 months in Q3 2019 to 1.7 months in Q3 2020.
MARK E T AC TIV ITY DASHB OAR D | Q3 2020 vs Q3 2019
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-51.4% +19.6% +10.5%
-8.4%
+1.4% MEDIAN CUMULATIVE DAYS ON MARKET
-59.5% +11.5% -47.6%
Source: FMLS
194
SALES PRICE TO LIST PRICE RATIO
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
SUPPLY D YNAMICS 1000
600
900 500
800 700
400
600 300
500 400
200
300 200
100
100 0
3Q18
4Q18
1Q19
The number of active single-family listings in FMLS Area 221-222 decreased 51% on a year-over-year basis from 65 in Q3 2019 to 48 in Q3 2020.
2Q19
3Q19
4Q19
The number of new single-family home listings in FMLS Area 221-222 decreased 8% on a year-over-year basis from 32 in Q3 2019 to 28 in Q3 2020.
1Q20
2Q20
3Q20
0
The number of single-family home sales in FMLS Area 221-222 increased 20% on a year-over-year basis from 32 in Q3 2019 to 29 in Q3 2020.
Source: FMLS
195
Single Family Homes Inside the Perimeter
197
Outside the Perimeter
213
Condominiums
Inside the Perimeter
224
Outside the Perimeter
229
Townhomes
Inside the Perimeter
232
Outside the Perimeter
238
Source: 7/1/2020 – 9/30/2020 provided by FMLS
196
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
S I N G L E FA M I LY H O M E S
INSIDE THE PERIMETER
Source: 7/1/2020 – 9/30/2020 provided by FMLS
197
Single Family Homes
Inside the Perimeter
ANSLEY PARK / SHERWOOD FOREST HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
$1,175,000
5
2.5
$
59
9.6
BROOKHAVEN HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
196 Source: 7/1/2020 – 9/30/2020 provided by FMLS
198
2.5
$640,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
17
BROOKWOOD HILLS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
$1,200,000
12
2.2
$
37
9.6
BUCKHEAD HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
388
5.1
$950,000 $
32
Source: 7/1/2020 – 9/30/2020 provided by FMLS
199
Single Family Homes
Inside the Perimeter
CABBAGETOWN HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
4.4
$435,000
14
$
26
9.6
CHAMBLEE HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
47 Source: 7/1/2020 – 9/30/2020 provided by FMLS
200
1.9
$370,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
7
CHASTAIN PARK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
5.0
$1,682,500
34
$
COLLEGE PARK HOMES SOLD
MEDIAN CLOSED SALES PRICE
26
9.6
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
18
3.2
$290,000 $
41
Source: 7/1/2020 – 9/30/2020 provided by FMLS
201
Single Family Homes
Inside the Perimeter
COLLIER HILLS/ ARDMORE HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.8
$750,000
17
$
58
9.6
DECATUR HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
71 Source: 7/1/2020 – 9/30/2020 provided by FMLS
202
2.0
$625,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
21
DRUID HILLS / EMORY HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
2.3
$590,000
133
$
EAST ATLANTA HOMES SOLD
MEDIAN CLOSED SALES PRICE
13
9.6
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
42
1.2
$417,500 $
6
Source: 7/1/2020 – 9/30/2020 provided by FMLS
203
Single Family Homes
Inside the Perimeter
EAST LAKE HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.6
$497,950
36
$
7
9.6
EAST POINT HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
108 Source: 7/1/2020 – 9/30/2020 provided by FMLS
204
2.1
$196,950
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
14
EDGEWOOD HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
2.1
$425,000
18
$
9
9.6
GARDEN HILLS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
16
5.7
$879,999 $
61
Source: 7/1/2020 – 9/30/2020 provided by FMLS
205
Single Family Homes
Inside the Perimeter
GRANT PARK / GLENWOOD PARK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
2.5
$547,500
55
$
11
9.6
HAPEVILLE / THOMASVILLE HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
26 Source: 7/1/2020 – 9/30/2020 provided by FMLS
206
2.7
$230,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
28
INMAN PARK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
$1,030,000
8
4.0
$
10
9.6
KIRKWOOD HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
62
1.6
$539,650 $
6
Source: 7/1/2020 – 9/30/2020 provided by FMLS
207
Single Family Homes
Inside the Perimeter
LAKE CLAIRE / LITTLE FIVE POINTS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.6
$746,750
40
$
12
9.6
OAKHURST HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
18 Source: 7/1/2020 – 9/30/2020 provided by FMLS
208
1.7
$632,500
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
4
OLD FOURTH WARD HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
3.2
$525,000
27
18
$
9.6
ORMEWOOD PARK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
31
2.0
$560,000 $
4
Source: 7/1/2020 – 9/30/2020 provided by FMLS
209
Single Family Homes
Inside the Perimeter
PEACHTREE HILLS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.9
$682,500
30
$
10
9.6
REYNOLDSTOWN HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
13 Source: 7/1/2020 – 9/30/2020 provided by FMLS
210
2.3
$506,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
4
VININGS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
4.4
$742,500
34
$
16
9.6
VIRGINIA HIGHLANDS / MORNINGSIDE HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
99
3.3
$890,000 $
16
Source: 7/1/2020 – 9/30/2020 provided by FMLS
211
Single Family Homes
Inside the Perimeter
WEST END / CAPITOL VIEW HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
2.8
$255,000
192
19
$
9.6
WEST MIDTOWN / UNDERWOOD HILLS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
135 Source: 7/1/2020 – 9/30/2020 provided by FMLS
212
2.9
$440,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
14
S I N G L E FA M I LY H O M E S
OUTSIDE THE PERIMETER
Source: 7/1/2020 – 9/30/2020 provided by FMLS
213
Single Family Homes
Outside the Perimeter
ACWORTH HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.3
$300,080
560
$
11
9.6
ALPHARETTA HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
608 Source: 7/1/2020 – 9/30/2020 provided by FMLS
214
2.0
$480,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
14
CHATTAHOOCHEE HILLS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
4.3
$627,500
12
$
68
9.6
CUMMING HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1118
1.7
$390,000 $
16
Source: 7/1/2020 – 9/30/2020 provided by FMLS
215
Single Family Homes
Outside the Perimeter
DULUTH HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
2.2
$330,000
243
$
13
9.6
DUNWOODY HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
93 Source: 7/1/2020 – 9/30/2020 provided by FMLS
216
2.1
$500,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
12
EAST COBB HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.4
$342,450
2
$
6
9.6
JOHNS CREEK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
215
2.6
$520,000 $
24
Source: 7/1/2020 – 9/30/2020 provided by FMLS
217
Single Family Homes
Outside the Perimeter
KENNESAW HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.4
$300,950
392
$
8
9.6
MABLETON HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
167 Source: 7/1/2020 – 9/30/2020 provided by FMLS
218
1.2
$295,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
8
MARIETTA HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
2.1
$360,000
1348
$
13
9.6
MILTON HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
154
3.6
$750,000 $
18
Source: 7/1/2020 – 9/30/2020 provided by FMLS
219
Single Family Homes
Outside the Perimeter
NORCROSS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.7
$239,500
98
$
13
9.6
PEACHTREE CITY HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
23 Source: 7/1/2020 – 9/30/2020 provided by FMLS
220
2.2
$441,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
60
PEACHTREE CORNERS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.9
$430,000
97
$
18
9.6
ROSWELL HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
476
1.8
$475,000 $
14
Source: 7/1/2020 – 9/30/2020 provided by FMLS
221
Single Family Homes
Outside the Perimeter
SANDY SPRINGS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
3.9
$625,000
168
$
31
9.6
SMYRNA HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
345 Source: 7/1/2020 – 9/30/2020 provided by FMLS
222
1.9
$395,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
12
SUWANNEE HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.9
$415,000
452
$
15
9.6
WOODSTOCK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
567
1.4
$325,000 $
9
Source: 7/1/2020 – 9/30/2020 provided by FMLS
223
CONDOMINIUMS
INSIDE THE PERIMETER
Source: 7/1/2020 – 9/30/2020 provided by FMLS
224
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
Condominiums
Inside the Perimeter
BROOKHAVEN / CHAMBLEE HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
5.6
$216,000
54
$
29
9.6
BUCKHEAD HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
299
5.7
$240,000 $
29
Source: 7/1/2020 – 9/30/2020 provided by FMLS
225
Condominiums
Inside the Perimeter
DECATUR / EMORY / DRUID HILLS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
3.4
$204,250
48
$
22
9.6
DOWNTOWN HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
61 Source: 7/1/2020 – 9/30/2020 provided by FMLS
226
5.9
$240,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
26
INMAN PARK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
2.9
$305,000
17
$
20
9.6
MIDTOWN HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
190
5.2
$299,700 $
20
Source: 7/1/2020 – 9/30/2020 provided by FMLS
227
Condominiums
Inside the Perimeter
OLD FOURTH WARD / PONCEY HIGHLANDS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
3.8
$260,000
49
$
7
9.6
WEST MIDTOWN HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
73 Source: 7/1/2020 – 9/30/2020 provided by FMLS
228
4.9
$220,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
16
CONDOMINIUMS
OUTSIDE THE PERIMETER
Source: 7/1/2020 – 9/30/2020 provided by FMLS
229
Condominiums
Outside the Perimeter
MARIETTA / SMYNRA / VININGS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
1.5
$188,250
130
$
9
9.6
ROSWELL / ALPHARETTA / JOHNS CREEK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
76 Source: 7/1/2020 – 9/30/2020 provided by FMLS
230
2.2
$288,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
15
SANDY SPRINGS / DUNWOODY / PERIMETER HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
3.1
$173,000
141
$
21
9.6
CUMMING HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
17
1.6
$337,000 $
25
Source: 7/1/2020 – 9/30/2020 provided by FMLS
231
TOWNHOMES
INSIDE THE PERIMETER
Source: 7/1/2020 – 9/30/2020 provided by FMLS
232
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
Townhomes
Inside the Perimeter
BROOKHAVEN / CHAMBLEE HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
3.5
$450,000
119
$
22
9.6
BUCKHEAD HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
100
4.9
$455,000 $
28
Source: 7/1/2020 – 9/30/2020 provided by FMLS
233
Townhomes
Inside the Perimeter
DECATUR / EMORY / DRUID HILLS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
3.2
$450,000
31
$
22
9.6
DOWNTOWN HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
6 Source: 7/1/2020 – 9/30/2020 provided by FMLS
234
3.3
$483,557
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
99
EAST ATLANTA HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
5.0
$520,000
2
$
41
9.6
INMAN PARK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
11
5.9
$575,000 $
25
Source: 7/1/2020 – 9/30/2020 provided by FMLS
235
Townhomes
Inside the Perimeter
MIDTOWN HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
6.0
$530,000
9
24
$
9.6
OLD FOURTH WARD / PONCEY HIGHLANDS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
15 Source: 7/1/2020 – 9/30/2020 provided by FMLS
236
5.3
$610,000
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
14
WEST MIDTOWN HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
92
2.2
$296,000 $
14
9.6
Source: 7/1/2020 – 9/30/2020 provided by FMLS
237
TOWNHOMES
OUTSIDE THE PERIMETER
Source: 7/1/2020 – 9/30/2020 provided by FMLS
238
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
Townhomes
Outside the Perimeter
MARIETTA / SMYNRA / VININGS HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
2.2
$299,000
293
$
14
9.6
ROSWELL / ALPHARETTA / JOHNS CREEK HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
229
2.5
$381,225 $
19
Source: 7/1/2020 – 9/30/2020 provided by FMLS
239
Townhomes
Outside the Perimeter
SANDY SPRINGS / DUNWOODY / PERIMETER HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
2.9
$286,000
155
$
23
9.6
CUMMING HOMES SOLD
MEDIAN CLOSED SALES PRICE
MONTHS OF INVENTORY
AVG DAYS ON MARKET
$
66 Source: 7/1/2020 – 9/30/2020 provided by FMLS
240
1.6
$269,250
AT L A N TA M A R K E T I N T E L L I G E N C E | 3 Q 2 0
$
12
www.evatlanta.com 1745 Peachtree Street, Atlanta, GA 30309, USA | 404.845.7724
Source: 7/1/2020 – 9/30/2020 provided by FMLS © 2020 Engel & Völkers. All rights reserved. Each brokerage is independently owned and operated. All information is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.
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