MARKET INTELLIGENCE A P R I L
2 0 2 0
R E C A P
ENGEL & VÖLKERS ATLANTA Source: 10/1/2019 – 12/31/2019 provided by InfoSparks by FMLS
1
FMLS The Impact Area of 21COVID-19 The World Health Organization officially declared coronavirus, the disease caused by COVID-19, a pandemic on March 11, 2020. It’s already infected over 2.5 million and claimed more than 170,000 lives worldwide. Shelter-in-place orders have been issued across the country and almost 22 million Americans have filed for unemployment since the outbreak of the pandemic. 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. METRO ATLANTA Month/Year
Sales (DET)
Sales (ATT)
Avg. Close Price (DET)
Avg. Close Price (ATT)
For Sale (DET)
For Sale (ATT)
Mar-20
6298
1331
$332,122
$289,518
16361
3568
Mar-19
6424
1278
$317,208
$263,630
17714
3221
YoY Change
-2%
4%
5%
10%
-8%
11%
* Source: FMLS data, Metro-Atlanta, March 2019 and March 2020
GA Weekly Covid-19 Cases and Pending Sales YTY % Change New Pending Sales w/ Lag Covid-19 Weekly Cases New Pending Sales Forecast *Source: MarketNSight
Metro Atlanta For Sale / Sold / Pending For Sale Sold New Pending Sales * Source: Trendgraphix, April 2018-April 2020, Metro-Atlanta area
Source: 1/1/2020 – 3/31/2020 provided by v 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 | 1 Q 2 0
Monthly Inventory Based on Closed Sales
* Source: Trendgraphix, April 2018-April 2020, Metro-Atlanta area
January 1st - May 7th Weekly-Atlanta New Pending Sales New Pending Sales 2019 New Pending Sales 2020 w/ Lag New Pending Sales 202 Forecast
*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 our predictions for the next several months for the Atlanta real estate market:
• Previously we forecasted a bleak outlook for April and May, down 55%-60%. We have been pleasantly surprised at the data. In the month of April, the market only retracted 15%. • According to current data, May 2020 data will show a 10% increase over the first week of May 2019. • Why is housing performing better than many predicted? • We entered this crisis with historically low inventories for most sub-markets in Metro Atlanta. Low inventory coupled with high demand, has left many consumers competing with multiple other consumers for the same home(s). In many pricing segments, it is still a seller’s market. • All indicators point to housing taking its traditional role of leading the country out of this recession in the 3rd and 4th quarters of 2020. Source: 10/1/2019 – 12/31/2019 provided by InfoSparks by FMLS
3
FMLS The Impact Area of 21COVID-19
RECESSION DOES NOT EQUAL HOUSING CRISIS
HOME PRICES DURING LAST 5 RECESSIONS
Home Prices Appreciated During 3 of the Last 5 Recessions
6.1%
1980
6.6% 3.5% 1981
1991
1.9%
2008 2001
19.7%
Source: 1/1/2020 – 3/31/2020 provided by v 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 | 1 Q 2 0
As we move through the next few weeks and 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 will at some stage — housing is set to help lead the way out.” While we continue to monitor all relevant data to the Atlanta real estate market, the effects of the pandemic cannot fully be seen yet. This period only begins to reflect the pandemic’s impact; the most fully formed data will come in the second and third quarters. We’ll be releasing our detailed May report soon and our comprehensive Q2 report in July. Make sure you’re signed up to receive them by clicking below.
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Source: 10/1/2019 – 12/31/2019 provided by InfoSparks by FMLS
5
A WORD FROM US
As the economy in Georgia comes back to life, we continue to monitor data day to day and are committed to keeping 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 last two months have shown a slight increase to the supply levels for townhomes condos, and single-family homes. As expected, overall supply levels remain well below stable market conditions, which translates to a 3.3-month timeline to sell all of the homes on the market. However, supply levels for higher priced homes can range widely from 2 to 20 months. As home values continue to rise, more and more homeowners are trying to capitalize on the increase in equity from their homes. It’s important to point out that increasing home values get smaller as price rises. This is largely due to the fact that some price segments have much higher supply levels. 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 recent COVID-19 pandemic and the economic fallout surrounding it, there are many questions about the Atlanta real estate market. Atlanta, like many other cities, has experienced a sharp rise in unemployment since the stay-at-home order was implemented. As the city begins returning to work, many who were furloughed will return to work. However, a portion of jobs lost will be permanent. Given current inventory 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 all the insight provided within.
Source: 1/1/2020 – 3/31/2020 provided by v 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 | 1 Q 2 0
FMLS Area Breakdowns Area 21
09
Area 22
15
Area 23
21
Area 24
27
Area 51
33
Area 52
39
Area 53
45
Area 31
51
Area 32
57
Area 71
63
Area 132
69
Area 131
75
Area 121
81
Areas 61-62
87
Areas 72-75
93
Areas 81-83
99
Area 13
105
Area 14
111
Source: 10/1/2019 – 12/31/2019 provided by InfoSparks by FMLS
7
FMLS
AREA 21
9
FMLS Area 21 Overview
April 2020
FMLS AREA 21
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 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.
22
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 21 from March, 1 2020 thru April, 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
63
131
71
46
38
34
21
19
10
31
14
2
480
ANNUAL CLOSINGS
250
417
208
94
54
65
39
27
21
44
15
1
1235
MONTHLY CLOSINGS
21
35
17
8
5
5
3
2
2
4
1
0
103
AVERAGE CDOM
36
62
63
97
110
115
141
157
83
121
166
352
74
96%
94%
96%
95%
93%
95%
96%
96%
95%
94%
95%
87%
95%
3
4
4
6
8
6
6
8
6
8
11
24
5
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 21 from March, 1 2020 thru April, 30 2020. $0 $199K
$200K $299K
ACTIVE LISTINGS
3
3
ANNUAL CLOSINGS
19
6
MONTHLY CLOSINGS
2
1
2
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$300K $399K
$400K - $499K
$500K $599K
7
5
22
18
49
87
4
7
11
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
32
36
27
30
120
86
23
394
129
101
85
58
304
68
5
929
8
7
5
25
6
0
77
54
13
64
68
89
75
74
99
91
94
129
268
89
88%
100%
92%
94%
83%
94%
93%
93%
92%
93%
92%
87%
92%
2
6
5
1
3
3
4
4
6
5
15
55
5
Source: FMLS Source: FMLS
10
$600K $699K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 4.9% on a month-over-month basis from 384 in March 2020 to 403 in April 2020. The number of new condo listings in FMLS Area 21 decreased 35.4% on a month-over-month basis from 144 in March 2020 to 93 in April 2020. The number of condo sales in FMLS Area 21 decreased 30.9% on a month-over-month basis from 81 in March 2020 to 56 in April 2020. The months of inventory for condos in FMLS Area 21 increased 51.8% on a month-over-month basis from 5 months in March 2020 to 7 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+4.9%
-30.9%
-4.9%
+0.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-35.4% +51.8% -17.6%
+6.5%
Source: FMLS
11
Townhomes
April 2020
FMLS AREA 21 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 21 decreased 1.9% on a month-over-month basis from 103 in March 2020 to 101 in April 2020. The number of new townhome listings in FMLS Area 21 decreased 50.0% on a month-over-month basis from 38 in March 2020 to 19 in April 2020. The number of townhome sales in FMLS Area 21 decreased 21.7% on a month-over-month basis from 23 in March 2020 to 18 in April 2020. The months of inventory for townhomes in FMLS Area 21 increased 25.3% on a month-over-month basis from 4.5 months in March 2020 to 5.6 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-1.9%
-21.7%
-10.3%
+0.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-50.0% +25.3% -22.3% +15.9%
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 | 1 Q 2 0
Single-Family
April 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 5.2% on a month-over-month basis from 421 in March 2020 to 443 in April 2020. The number of new single-family listings in FMLS Area 21 decreased 25.6% on a month-over-month basis from 168 in March 2020 to 125 in April 2020. The number of single-family sales in FMLS Area 21 decreased 26.7% on a month-over-month basis from 90 in March 2020 to 66 in April 2020. The months of inventory for single-family in FMLS Area 21 increased 49.6% on a month-over-month basis from 4.7 months in March 2020 to 7.0 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+5.2%
-26.7%
-6.0%
+1.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-25.6% +49.6%
-9.6%
-41.7%
Source: FMLS
13
FMLS
AREA 22
15
FMLS Area 21 Overview
April 2020
FMLS AREA 22
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 85
First Multiple Listing Service (FMLS) Area 22 includes Downtown and Atlanta’s westside neighborhoods. It includes Home Park, Loring 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 (I75/85) to the east, the Chattahoochee River and I-285 to the west, I-75 to the north and I-20 to the south.
22
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 22 from March, 1 2020 thru April, 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
41
72
33
29
15
12
8
2
3
2
0
0
217
ANNUAL CLOSINGS
196
235
144
50
55
20
4
5
3
2
0
0
714
MONTHLY CLOSINGS
16
20
12
4
5
2
0
0
0
0
0
0
60
AVERAGE CDOM
63
46
66
74
105
150
271
81
25
171
0
0
64
73%
94%
98%
98%
97%
93%
91%
98%
99%
96%
0%
0%
89%
3
4
3
7
3
7
24
5
12
12
0
0
4
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 22 from March, 1 2020 thru April, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
114
54
30
20
26
11
4
4
2
11
7
2
285
ANNUAL CLOSINGS
371
166
91
124
54
21
11
7
5
10
5
0
865
MONTHLY CLOSINGS
31
14
8
10
5
2
1
1
0
1
0
0
72
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
54
60
56
52
49
94
79
23
64
110
240
0
58
88%
95%
96%
97%
98%
98%
98%
100%
96%
95%
81%
0%
93%
4
4
4
2
6
6
4
7
5
13
17
0
4
Source: FMLS Source: FMLS
16
$700K $799K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 decreased 0.6% on a month-over-month basis from 167 in March 2020 to 166 in April 2020. The number of new condo listings in FMLS Area 22 decreased 50.6% on a monthover-month basis from 77 in March 2020 to 38 in April 2020. The number of condo sales in FMLS Area 22 decreased 51.1% on a month-over-month basis from 47 in March 2020 to 23 in April 2020. The months of inventory for condos in FMLS Area 22 increased 103.1% on a month-over-month basis from 3.6 months in March 2020 to 7.2 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
-0.6% NUMBER OF NEW LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-51.1% +16.5%
SALES PRICE TO LIST PRICE RATIO
+0.5% MEDIAN CUMULATIVE DAYS ON MARKET
-50.6% +103.1% +21.1% -28.6%
Source: FMLS
17
Townhomes
April 2020
FMLS AREA 22 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 22 decreased 2.4% on a month-over-month basis from 84 in March 2020 to 82 in April 2020. The number of new townhome listings in FMLS Area 22 decreased 53.3% on a month-over-month basis from 43 in March 2020 to 20 in April 2020. The number of townhome sales in FMLS Area 22 increased 8.3% on a month-over-month basis from 24 in March 2020 to 26 in April 2020. The months of inventory for townhomes in FMLS Area 22 decreased 9.9% on a month-over-month basis from 3.5 months in March 2020 to 3.2 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-2.4%
+8.3%
+8.5%
-1.0%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-53.3%
-9.9%
Source: FMLS
18
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 | 1 Q 2 0
-9.8%
+5.7%
Single-Family
April 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 increased 29.2% on a month-over-month basis from 295in March 2020 to 381 in April 2020. The number of new single-family listings in FMLS Area 22 increased 5.7% on a month-over-month basis from 123 in March 2020 to130 in April 2020. The number of single-family sales in FMLS Area 22 decreased 22.7% on a month-over-month basis from 66 in March 2020 to 51 in April 2020. The months of inventory for single-family in FMLS Area 22 increased 67.1% on a month-over-month basis from 4.5 months in March 2020 to 7.5 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
+29.2% NUMBER OF NEW LISTINGS
+5.7%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-22.7% +26.1%
SALES PRICE TO LIST PRICE RATIO
-0.2% MEDIAN CUMULATIVE DAYS ON MARKET
+67.1% +12.0% -44.4%
Source: FMLS
19
FMLS
AREA 23
21
FMLS Area 21 Overview
April 2020
FMLS AREA 23
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 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.
22
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 23 from March, 1 2020 thru April, 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
56
84
81
35
54
25
21
16
11
29
11
0
423
ANNUAL CLOSINGS
200
470
346
181
93
56
23
31
12
27
4
0
1443
MONTHLY CLOSINGS
17
39
29
15
8
5
2
3
1
2
0
0
120
AVERAGE CDOM
47
50
41
62
86
94
102
88
52
120
402
0
58
95%
97%
97%
97%
98%
97%
98%
97%
99%
95%
92%
0%
97%
3
2
3
2
7
5
11
6
11
13
33
0
4
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 23 from March, 1 2020 thru April, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
5
4
4
12
16
16
14
15
9
60
11
0
166
ANNUAL CLOSINGS
9
12
26
62
70
66
69
48
26
122
15
0
525
MONTHLY CLOSINGS
1
1
2
5
6
6
6
4
2
10
1
0
44
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
22
66
65
57
67
49
58
54
57
90
62
0
65
64%
86%
96%
93%
98%
95%
96%
97%
96%
96%
93%
0%
95%
7
4
2
2
3
3
2
4
4
6
9
0
4
Source: FMLS Source: FMLS
22
$900K $999K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 8.0% on a month-over-month basis from 325 in March 2020 to 351 in April 2020. The number of new condo listings in FMLS Area 23 increased 222.0% on a month-over-month basis from 41 in March 2020 to 132 in April 2020. The number of condo sales in FMLS Area 23 decreased 39.4% on a month-over-month basis from 127 in March 2020 to 77 in April 2020. The months of inventory for condos in FMLS Area 23 increased 78.1% on a month-over-month basis from 2.6 months in March 2020 to 4.6 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+8.0%
-39.4%
+0.3%
+1.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+222.0% +78.1%
-2.1%
-28.6%
Source: FMLS
23
Townhomes
April 2020
FMLS AREA 23 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 23 increased 4.2% on a month-over-month basis from 96 in March 2020 to 100 in April 2020. The number of new townhome listings in FMLS Area 23 decreased 40.5% on a month-over-month basis from 42 in March 2020 to 25 in April 2020. The number of townhome sales in FMLS Area 23 decreased 16.7% on a month-over-month basis from 18 in March 2020 to 25 in April 2020. The months of inventory for townhomes in FMLS Area 23 increased 25.0% on a month-over-month basis from 5.3 months in March 2020 to 6.7 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
+4.2% NUMBER OF NEW LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-16.7% +38.0%
SALES PRICE TO LIST PRICE RATIO
-0.1% MEDIAN CUMULATIVE DAYS ON MARKET
-40.5% +25.0% +20.1% +259.5%
Source: FMLS
24
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Single-Family
April 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 increased 21.5% on a month-over-month basis from 158 in March 2020 to 192 in April 2020. The number of new single-family listings in FMLS Area 23 decreased 8.5% on a month-over-month basis from 82 in March 2020 to 75 in April 2020. The number of single-family sales in FMLS Area 23 decreased 9.5% on a month-over-month basis from 42 in March 2020 to 38 in April 2020. The months of inventory for single-family in FMLS Area 23 increased 34.3% on a month-over-month basis from 3.8 months in March 2020 to 5.1 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+21.5%
-9.5%
+0.9%
-0.8%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-8.5%
+34.3%
-5.4%
+13.3%
Source: FMLS
25
FMLS
AREA 24
27
FMLS Area 21 Overview
April 2020
FMLS AREA 24
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 85
22
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.
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 24 from March, 1 2020 thru April, 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
3
7
7
9
21
7
4
2
1
2
0
0
63
ANNUAL CLOSINGS
36
66
62
67
34
10
5
1
0
0
0
0
281
MONTHLY CLOSINGS
3
6
5
6
3
1
0
0
0
0
0
0
23
AVERAGE CDOM
62
42
50
95
85
36
33
56
0
0
0
0
62
95%
97%
97%
97%
99%
98%
99%
97%
0%
0%
0%
0%
97%
1
1
1
2
7
8
10
24
0
0
0
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 24 from March, 1 2020 thru April, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
3
20
20
26
14
14
16
5
4
9
3
0
134
ANNUAL CLOSINGS
18
108
142
168
105
53
49
16
15
29
2
0
705
MONTHLY CLOSINGS
2
9
12
14
9
4
4
1
1
2
0
0
59
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
96
69
57
48
40
57
53
46
75
68
19
0
54
87%
90%
89%
98%
98%
97%
98%
97%
98%
99%
95%
0%
94%
2
2
2
2
2
3
4
4
3
4
18
0
2
Source: FMLS Source: FMLS
28
$500K $599K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 9.5% on a month-over-month basis from 21 in March 2020 to 19 in April 2020. The number of new condo listings in FMLS Area 24 decreased 53.3% on a monthover-month basis from 15 in March 2020 to 7 in April 2020. The number of condo sales in FMLS Area 24 decreased 11.1% on a month-over-month basis from 9 in March 2020 to 8 in April 2020. The months of inventory for condos in FMLS Area 24 increased 1.8% on a month-over-month basis from 2.3 months in March 2020 to 2.4 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-9.5%
-11.1%
+3.9%
+0.4%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-53.3%
+1.8%
-2.3%
-61.3%
Source: FMLS
29
Townhomes
April 2020
FMLS AREA 24 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 24 increased 16.0% on a month-over-month basis from 50 in March 2020 to 58 in April 2020. The number of new townhome listings in FMLS Area 24 decreased 26.9% on a month-over-month basis from 26 in March 2020 to 19 in April 2020. The number of townhome sales in FMLS Area 24 decreased 45.5% on a month-over-month basis from 11 in March 2020 to 6 in April 2020. The months of inventory for townhomes in FMLS Area 24 increased 112.7% on a month-over-month basis from 4.5 months in March 2020 to 9.7 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
+16.0%
-45.5%
+5.4%
+1.0%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-26.9% +112.7% +1.6%
Source: FMLS
30
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 | 1 Q 2 0
-63.2%
Single-Family
April 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 increased 8.4% on a month-over-month basis from 154 in March 2020 to 167 in April 2020. The number of new single-family listings in FMLS Area 24 decreased 15.0% on a month-over-month basis from 100 in March 2020 to 85 in April 2020. The number of single-family sales in FMLS Area 24 decreased 24.6% on a month-over-month basis from 57 in March 2020 to 43 in April 2020. The months of inventory for single-family in FMLS Area 24 increased 43.7% on a month-over-month basis from 2.7 months in March 2020 to 3.9 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
+8.4% NUMBER OF NEW LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-24.6% +16.0%
-15.0% +43.7%
+7.9%
SALES PRICE TO LIST PRICE RATIO
+1.0% MEDIAN CUMULATIVE DAYS ON MARKET
-64.7%
Source: FMLS
31
FMLS
AREA 51
33
FMLS Area 21 Overview
April 2020
FMLS AREA 51
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 85
22
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.
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 51 from March, 1 2020 thru April, 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
15
33
31
50
22
12
10
5
0
1
0
0
179
ANNUAL CLOSINGS
76
107
95
176
76
8
6
3
1
1
0
0
549
MONTHLY CLOSINGS
6
9
8
15
6
1
1
0
0
0
0
0
46
AVERAGE CDOM
47
48
54
102
71
68
121
222
42
6
0
0
74
62%
98%
98%
98%
99%
97%
98%
97%
106%
97%
0%
0%
93%
2
4
4
3
3
18
20
20
0
12
0
0
4
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 51 from March, 1 2020 thru April, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
0
7
21
27
20
18
24
10
9
27
2
0
165
ANNUAL CLOSINGS
6
52
148
148
130
105
75
48
41
70
5
0
828
MONTHLY CLOSINGS
1
4
12
12
11
9
6
4
3
6
0
0
69
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
6
30
59
46
44
47
54
75
89
74
54
0
54
67%
97%
95%
96%
97%
97%
97%
96%
97%
96%
95%
0%
96%
0
2
2
2
2
2
4
3
3
5
5
0
2
Source: FMLS Source: FMLS
34
$500K $599K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 1.6% on a month-over-month basis from 62 in March 2020 to 61 in April 2020. The number of new condo listings in FMLS Area 51 decreased 46.4% on a monthover-month basis from 28 in March 2020 to 15 in April 2020. The number of condo sales in FMLS Area 51 decreased 15.8% on a month-over-month basis from 19 in March 2020 to 16 in April 2020. The months of inventory for condos in FMLS Area 51 increased 16.8% on a month-over-month basis from 3.3 months in March 2020 to 3.8 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
-1.6% NUMBER OF NEW LISTINGS
-46.4%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-15.8% +25.7%
SALES PRICE TO LIST PRICE RATIO
+0.0% MEDIAN CUMULATIVE DAYS ON MARKET
+16.8% +23.5% +30.0%
Source: FMLS
35
Townhomes
April 2020
FMLS AREA 51 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 51 increased 13.1% on a month-over-month basis from 107 in March 2020 to 121 in April 2020. The number of new townhome listings in FMLS Area 51 decreased 22.7% on a month-over-month basis from 44 in March 2020 to 34 in April 2020. The number of townhome sales in FMLS Area 51 increased 6.1% on a month-over-month basis from 33 in March 2020 to 35 in April 2020. The months of inventory for townhomes in FMLS Area 51 increased 6.6% on a month-over-month basis from 3.2 months in March 2020 to 3.5 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
+13.1%
+6.1%
-0.7%
-0.4%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-22.7%
+6.6%
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 | 1 Q 2 0
+4.5%
-48.9%
Single-Family
April 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 increased 11.4% on a month-over-month basis from 193 in March 2020 to 215 in April 2020. The number of new single-family listings in FMLS Area 51 decreased 24.4% on a month-over-month basis from 127 in March 2020 to 96 in April 2020. The number of single-family sales in FMLS Area 51 decreased 26.1% on a month-over-month basis from 69 in March 2020 to 51 in April 2020. The months of inventory for single-family in FMLS Area 51 increased 50.7% on a month-over-month basis from 2.8 months in March 2020 to 4.2 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+11.4% -26.1%
-24.4% +50.7%
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+4.1%
-0.4%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-2.8%
+57.1%
Source: FMLS
37
FMLS
AREA 52
39
FMLS Area 21 Overview
April 2020
FMLS AREA 52
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 85
22
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.
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 52 from March, 1 2020 thru April, 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
47
34
32
40
22
4
5
5
1
1
0
0
191
ANNUAL CLOSINGS
214
180
126
84
25
11
3
7
0
0
0
0
650
MONTHLY CLOSINGS
18
15
11
7
2
1
0
1
0
0
0
0
54
AVERAGE CDOM
41
50
47
91
60
46
34
127
0
0
0
0
51
93%
97%
98%
97%
98%
98%
95%
101%
0%
0%
0%
0%
96%
3
2
3
6
11
4
20
9
0
0
0
0
4
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 52 from March, 1 2020 thru April, 30 2020. $0 $199K
$200K $299K
ACTIVE LISTINGS
60
108
78
68
ANNUAL CLOSINGS
352
460
475
323
MONTHLY CLOSINGS
29
38
40
27
19
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$300K $399K
$400K - $499K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
72
36
28
19
15
47
4
0
535
222
131
76
47
21
56
2
0
2165
11
6
4
2
5
0
0
180
39
69
54
58
57
57
71
89
105
56
141
0
60
93%
94%
96%
96%
97%
97%
98%
93%
96%
96%
92%
0%
95%
2
3
2
3
4
3
4
5
9
10
24
0
3
Source: FMLS Source: FMLS
40
$500K $599K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 4.7% on a month-over-month basis from 85 in March 2020 to 89 in April 2020. The number of new condo listings in FMLS Area 52 decreased 36.4% on a month-overmonth basis from 55 in March 2020 to 35 in April 2020. The number of condo sales in FMLS Area 52 decreased 3.4% on a month-over-month basis from 29 in March 2020 to 28 in April 2020. The months of inventory for condos in FMLS Area 52 increased 8.4% on a month-over-month basis from 2.9 months in March 2020 to 3.2 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+4.7%
-3.4%
-9.6%
-1.0%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-36.4% +84.0% +18.3% +61.5%
Source: FMLS
41
Townhomes
April 2020
FMLS AREA 52 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 52 decreased 6.8% on a month-over-month basis from 118 in March 2020 to 110 in April 2020. The number of new townhome listings in FMLS Area 52 decreased 53.7% on a month-over-month basis from 67 in March 2020 to 31 in April 2020. The number of townhome sales in FMLS Area 52 decreased 3.0% on a month-over-month basis from 33 in March 2020 to 32 in April 2020. The months of inventory for townhomes in FMLS Area 52 decreased 3.9% on a month-over-month basis from 3.6 months in March 2020 to 3.4 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-6.8%
-3.0%
-6.7%
+1.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-53.7%
-3.9%
Source: FMLS
42
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 | 1 Q 2 0
-8.4%
-19.2%
Single-Family
April 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 increased 14.7% on a month-over-month basis from 565 in March 2020 to 648 in April 2020. The number of new single-family listings in FMLS Area 52 decreased 13.8% on a month-over-month basis from 312 in March 2020 to 269 in April 2020. The number of single-family sales in FMLS Area 52 decreased 8.9% on a month-over-month basis from 169 in March 2020 to 154 in April 2020. The months of inventory for single-family in FMLS Area 52 increased 25.9% on a month-over-month basis from 3.3 months in March 2020 to 4.2 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+14.7%
-8.9%
+9.3%
+1.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-13.8% +25.9%
+8.2%
-50.0%
Source: FMLS
43
FMLS
AREA 53
45
FMLS Area 21 Overview
April 2020
FMLS AREA 53
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 85
22
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.
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 53 from March, 1 2020 thru April, 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
11
4
4
3
0
0
0
0
0
0
0
0
22
ANNUAL CLOSINGS
22
12
9
0
0
0
0
0
0
0
0
0
43
MONTHLY CLOSINGS
2
1
1
0
0
0
0
0
0
0
0
0
4
AVERAGE CDOM
58
102
51
0
0
0
0
0
0
0
0
0
63
93%
98%
50%
0%
0%
0%
0%
0%
0%
0%
0%
0%
85%
6
4
5
*
*
*
0
0
0
0
0
0
6
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS * - no sales were recorded in this price segment during the specified time period
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 53 from March, 1 2020 thru April, 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
ACTIVE LISTINGS
19
29
11
10
5
0
0
0
0
0
0
0
74
ANNUAL CLOSINGS
89
80
53
40
8
1
0
0
0
0
0
0
271
MONTHLY CLOSINGS
7
7
4
3
1
0
0
0
0
0
0
0
23
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
66
66
64
61
140
0
0
0
0
0
0
0
69
93%
95%
98%
56%
103%
99%
0%
0%
0%
0%
0%
0%
89%
3
4
2
3
8
0
0
0
0
0
0
0
3
Source: FMLS Source: FMLS
46
AVG/ TOTALS
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 40.0% on a month-over-month basis from 5 in March 2020 to 3 in April 2020. The number of new condo listings in FMLS Area 53 increased 100.0% on a monthover-month basis from 1 in March 2020 to 2 in April 2020. The number of condo sales in FMLS Area 53 decreased 50.0% on a month-over-month basis from 2 in March 2020 to 3 in April 2020. The months of inventory for condos in FMLS Area 53 increased 20.0% on a month-over-month basis from 2.5 months in March 2020 to 3.0 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
-40.0% NUMBER OF NEW LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-50.0% +309.3% +8.2%
+100.0% +20.0% +309.3% +88.8%
Source: FMLS
47
Townhomes
April 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 70.0% on a month-over-month basis from 10 in March 2020 to 17 in April 2020. The number of new townhome listings in FMLS Area 53 increased 266.7% on a month-over-month basis from 3 in March 2020 to 11 in April 2020. The number of townhome sales in FMLS Area 53 decreased 100.0% on a month-over-month basis from 2 in March 2020 to 0 in April 2020. The months of inventory for townhomes in FMLS Area 53 decreased 60.0% on a month-over-month basis from 5 months in March 2020 to 0 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
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
+70.0% -100.0%
+266.7% -60.0% *- no sales were recorded during the specified time period
Source: FMLS
48
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
*
*
*
*
Single-family
April 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 increased 10.8% on a month-over-month basis from 83 in March 2020 to 92 in April 2020. The number of new single-family listings in FMLS Area 53 decreased 9.8% on a month-over-month basis from 41 in March 2020 to 37 in April 2020. The number of single-family sales in FMLS Area 53 decreased 16.7% on a month-over-month basis from 24 in March 2020 to 20 in April 2020. The months of inventory for single-family in FMLS Area 53 increased 33.0% on a month-over-month basis from 3.5 months in March 2020 to 4.6 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+10.8% -16.7% +26.8%
-9.8%
+33.0%
+9.7%
SALES PRICE TO LIST PRICE RATIO
+1.4% MEDIAN CUMULATIVE DAYS ON MARKET
-73.5%
Source: FMLS
49
FMLS
AREA 31
51
FMLS Area 21 Overview
April 2020
FMLS AREA 31
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 85
22
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.
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 31 from March, 1 2020 thru April, 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
41
26
5
4
0
0
0
0
0
0
0
0
76
ANNUAL CLOSINGS
161
35
4
0
1
1
0
0
0
0
0
0
202
MONTHLY CLOSINGS
13
3
0
0
0
0
0
0
0
0
0
0
17
AVERAGE CDOM
44
63
16
0
4
174
0
0
0
0
0
0
51
72%
98%
47%
0%
50%
92%
0%
0%
0%
0%
0%
0%
76%
3
9
15
*
0
0
0
0
0
0
0
0
5
CATEGORY
SP/OLP MONTHS OF INVENTORY
Source: FMLS * - no sales were recorded in this price segment during the specified time period
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 31 from March, 1 2020 thru April, 30 2020. $0 $199K
$200K $299K
ACTIVE LISTINGS
232
ANNUAL CLOSINGS
990
MONTHLY CLOSINGS
83
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
180
99
42
11
4
1
0
0
0
0
0
569
624
252
46
6
5
2
2
0
0
0
0
1927
52
21
4
1
0
0
0
0
0
0
0
161
60
62
60
44
9
205
34
122
0
0
0
0
60
91%
94%
92%
98%
99%
100%
95%
96%
0%
0%
0%
0%
92%
3
3
5
11
22
10
6
0
0
0
0
0
4
Source: FMLS Source: FMLS
52
AVG/ TOTALS
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 5.0% on a month-over-month basis from 20 in March 2020 to 19 in April 2020. The number of new condo listings in FMLS Area 31 decreased 83.3% on a monthover-month basis from 12 in March 2020 to 2 in April 2020. The number of condo sales in FMLS Area 31 increased 25.0% on a month-over-month basis from 4 in March 2020 to 5 in April 2020. The months of inventory for condos in FMLS Area 31 decreased 24.0% on a month-over-month basis from 5.0 months in March 2020 to 3.8 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
-5.0% NUMBER OF NEW LISTINGS
-83.3%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+25.0% +48.0%
-24.0%
-37.6%
SALES PRICE TO LIST PRICE RATIO
+5.1% MEDIAN CUMULATIVE DAYS ON MARKET
-57.3%
Source: FMLS
53
Townhomes
April 2020
FMLS AREA 31 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 31 decreased 12.5% on a month-over-month basis from 72 in March 2020 to 63 in April 2020. The number of new townhome listings in FMLS Area 31 decreased 64.9% on a month-over-month basis from 37 in March 2020 to 13 in April 2020. The number of townhome sales in FMLS Area 31 decreased 33.3% on a month-over-month basis from 9 in March 2020 to 6 in April 2020. The months of inventory for townhomes in FMLS Area 31 increased 31.3% on a month-over-month basis from 8.0 months in March 2020 to 10.0 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
MEDIAN CUMULATIVE DAYS ON MARKET
-12.5%
-33.3%
+7.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-64.9%
+31.3%
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 | 1 Q 2 0
-15.8%
-0.1%
-44.4%
Single-Family
April 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 increased 13.7% on a month-over-month basis from 593 in March 2020 to 674 in April 2020. The number of new single-family listings in FMLS Area 31 decreased 4.1% on a month-over-month basis from 270 in March 2020 to 259 in April 2020. The number of single-family sales in FMLS Area 31 decreased 20.9% on a month-over-month basis from 129 in March 2020 to 102 in April 2020. The months of inventory for townhomes in FMLS Area 31 increased 43.7% on a month-over-month basis from 4.6 months in March 2020 to 6.6 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+13.7% -20.9%
-4.1%
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+3.6%
+0.0%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+43.7% +10.3% -50.0%
Source: FMLS
55
FMLS
AREA 32
57
FMLS Area 21 Overview
April 2020
FMLS AREA 32
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 85
22
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.
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 32 from March, 1 2020 thru April, 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
75
38
27
25
15
11
6
1
0
1
1
0
200
ANNUAL CLOSINGS
270
138
124
103
56
27
14
3
2
0
0
0
737
MONTHLY CLOSINGS
23
12
10
9
5
2
1
0
0
0
0
0
61
AVERAGE CDOM
51
57
53
43
34
68
79
103
27
0
0
0
51
90%
96%
90%
99%
98%
98%
97%
102%
98%
0%
0%
0%
93%
3
3
3
3
3
5
5
4
0
0
0
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 32 from March, 1 2020 thru April, 30 2020. $0 $199K
$200K $299K
$300K $399K
$400K - $499K
ACTIVE LISTINGS
12
25
16
ANNUAL CLOSINGS
50
79
66
MONTHLY CLOSINGS
4
7
6
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
11
7
1
1
0
0
0
0
0
73
43
14
6
0
0
0
0
0
0
258
4
1
1
0
0
0
0
0
0
22
38
44
62
96
120
62
0
0
0
0
0
0
64
93%
99%
98%
99%
100%
97%
0%
0%
0%
0%
0%
0%
97%
3
4
3
3
6
2
0
0
0
0
0
0
3
Source: FMLS Source: FMLS
58
AVG/ TOTALS
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 decreased 2.9% on a month-over-month basis from 35 in March 2020 to 34 in April 2020. The number of new condo listings in FMLS Area 32 increased 12.5% on a monthover-month basis from 8 in March 2020 to 9 in April 2020. The number of condo sales in FMLS Area 32 increased 166.7% on a month-over-month basis from 3 in March 2020 to 8 in April 2020. The months of inventory for condos in FMLS Area 32 decreased 63.6% on a month-over-month basis from 11.7 months in March 2020 to 4.3 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
-2.9% NUMBER OF NEW LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+166.7% +64.5%
+12.5% -63.6%
+0.1%
SALES PRICE TO LIST PRICE RATIO
+1.9% MEDIAN CUMULATIVE DAYS ON MARKET
+2550%
Source: FMLS
59
Townhomes
April 2020
FMLS AREA 32 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 32 increased 0.0% on a month-over-month basis from 509 in March 2020 to 50 in April 2020. The number of new townhome listings in FMLS Area 32 increased 38.1% on a month-over-month basis from 21 in March 2020 to 29 in April 2020. The number of townhome sales in FMLS Area 32 decreased 87.7% on a month-over-month basis from 73 in March 2020 to 9 in April 2020. The months of inventory for townhomes in FMLS Area 32 increased 711.1% on a month-over-month basis from 0.7 months in March 2020 to 5.6 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
+0.0%
-87.7%
-15.6%
+1.0%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+38.1% +711.1%
Source: FMLS
60
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 | 1 Q 2 0
-2.4%
-16.4%
Single-family
April 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 increased 13.0% on a month-over-month basis from 207 in March 2020 to 234 in April 2020. The number of new single-family listings in FMLS Area 32 decreased 11.7% on a month-over-month basis from 111 in March 2020 to 98 in April 2020. The number of single-family sales in FMLS Area 32 decreased 1.8% on a month-over-month basis from 55 in March 2020 to 44 in April 2020. The months of inventory for single-family in FMLS Area 32 increased 15.1% on a month-over-month basis from 3.8 months in March 2020 to 4.3 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+13.0%
-1.8%
-16.1%
-2.1%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-11.7%
+15.1%
-8.1%
-27.6%
Source: FMLS
61
FMLS
AREA 71
63
FMLS Area 21 Overview
April 2020
FMLS AREA 71
132 51
SUMMARY OF MARKET ACTIVITY
400
71
21
285
85
75 285 85
22
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.
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 71 from March, 1 2020 thru April, 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
15
10
10
9
3
2
0
0
6
0
0
65
ANNUAL CLOSINGS
82
112
130
19
11
7
5
2
4
12
0
0
384
MONTHLY CLOSINGS
7
9
11
2
1
1
0
0
0
1
0
0
32
AVERAGE CDOM
44
42
52
77
85
66
60
251
136
100
0
0
53
97%
98%
97%
101%
97%
96%
98%
97%
95%
96%
0%
0%
97%
1
2
1
6
10
5
5
0
0
6
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 71 from March, 1 2020 thru April, 30 2020. $0 $199K
$200K $299K
ACTIVE LISTINGS
4
10
3
2
4
2
ANNUAL CLOSINGS
69
88
51
15
11
10
MONTHLY CLOSINGS
6
7
4
1
1
1
1
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$300K $399K
$400K - $499K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
5
6
3
11
4
0
54
11
10
4
20
1
0
290
1
0
2
0
0
24
16
54
69
43
73
55
160
90
63
104
364
0
59
93%
96%
99%
96%
96%
94%
88%
90%
88%
94%
81%
0%
95%
1
1
1
2
4
2
5
7
9
7
48
0
2
Source: FMLS Source: FMLS
64
$500K $599K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 6.7% on a month-over-month basis from 30 in March 2020 to 32 in April 2020. The number of new condo listings in FMLS Area 71 decreased 5.9% on a month-overmonth basis from 17 in March 2020 to 16 in April 2020. The number of condo sales in FMLS Area 71 increased 6.7% on a month-over-month basis from 15 in March 2020 to 16 in April 2020. The months of inventory for condos in FMLS Area 71 increased 0.0%% on a month-over-month basis from 2.0 months in March 2020 to 2.0 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+6.7%
+6.7%
-2.4%
+0.1%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-5.9%
+0.0%
-8.6%
+13.3%
Source: FMLS
65
Townhomes
April 2020
FMLS AREA 71 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 71 decreased 13.3% on a month-over-month basis from 45 in March 2020 to 39 in April 2020. The number of new townhome listings in FMLS Area 71 decreased 70.0% on a month-over-month basis from 30 in March 2020 to 9 in April 2020. The number of townhome sales in FMLS Area 71 decreased 5.3% on a month-over-month basis from 19 in March 2020 to 18 in April 2020. The months of inventory for townhome in FMLS Area 71 decreased 8.5% on a month-over-month basis from 2.4 months in March 2020 to 2.2 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-13.3%
-5.3%
+0.0%
+0.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-70.0%
-8.5%
Source: FMLS
66
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 | 1 Q 2 0
-1.7%
+41.2%
Single-Family
April 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 increased 7.0% on a month-over-month basis from 71 in March 2020 to 76 in April 2020. The number of new single-family listings in FMLS Area 71 decreased 30.0% on a month-over-month basis from 40 in March 2020 to 28 in April 2020. The number of single-family sales in FMLS Area 71 decreased 69.2% on a month-over-month basis from 26 in March 2020 to 8 in April 2020. The months of inventory for single-family in FMLS Area 71 increased 247.9% on a month-over-month basis from 2.7 months in March 2020 to 9.5 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+7.0%
-69.2%
-29.4%
-1.8%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-30.0% +247.9% -46.9% -70.6%
Source: FMLS
67
FMLS
AREA 132
69
FMLS Area 21 Overview
April 2020
FMLS AREA 132 SUMMARY OF MARKET ACTIVITY
132 51 400
71
21
285
85
75 285 85
22
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.
52
23 24
20
20
32
31
53
75
285
85
ATTA C H E D H OME S The following table shows activity for attached homes (condos and townhomes) in FMLS Area 132 from March, 1 2020 thru April, 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
10
5
9
11
2
1
0
0
2
0
0
48
ANNUAL CLOSINGS
33
41
31
41
29
10
0
1
4
5
0
0
195
MONTHLY CLOSINGS
3
3
3
3
2
1
0
0
0
0
0
0
16
AVERAGE CDOM
48
54
39
73
126
65
0
214
198
101
0
0
69
93%
96%
81%
96%
96%
100%
0%
89%
94%
98%
0%
0%
93%
3
3
2
3
5
2
0
0
0
5
0
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 132 from March, 1 2020 thru April, 30 2020. $0 $199K
$200K $299K
$300K $399K
ACTIVE LISTINGS
0
0
ANNUAL CLOSINGS
0
0
MONTHLY CLOSINGS
0
0
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$400K - $499K
$500K $599K
$600K $699K
0
2
13
12
4
25
39
40
0
2
3
3
4
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
8
5
11
45
32
3
131
50
11
13
81
23
0
286
1
1
7
2
0
24
0
0
94
92
95
77
121
133
80
123
138
0
108
0%
0%
83%
89%
95%
96%
94%
96%
95%
93%
94%
0%
94%
0
0
0
1
4
4
2
5
10
7
17
0
5
Source: FMLS Source: FMLS
70
$700K $799K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 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 11.1% on a month-over-month basis from 27 in March 2020 to 42 in April 2020. The number of new condo listings in FMLS Area 132 decreased 46.2% on a monthover-month basis from 13 in March 2020 to 7 in April 2020. The number of condo sales in FMLS Area 132 decreased 50.0% on a month-over-month basis from 10 in March 2020 to 5 in April 2020. The months of inventory for condos in FMLS Area 132 increased 77.0% on a month-over-month basis from 2.7 months in March 2020 to 4.8 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-11.1%
-50.0%
-9.3%
-1.6%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-46.2% +77.8% -17.7%
-45.2%
Source: FMLS
71
Townhomes
April 2020
FMLS AREA 132 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 132 increased 17.9% on a month-over-month basis from 28 in March 2020 to 33 in April 2020. The number of new townhome listings in FMLS Area 132 decreased 20.0% on a month-over-month basis from 10 in March 2020 to 8 in April 2020. The number of townhome sales in FMLS Area 132 decreased 33.3% on a month-over-month basis from 9 in March 2020 to 6 in April 2020. The months of inventory for townhome in FMLS Area 132 increased 76.8% on a month-over-month basis from 3.1 months in March 2020 to 5.5 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+17.9% -33.3%
-20.0% +76.8%
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 | 1 Q 2 0
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-13.8%
+0.2%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-8.8%
-63.5%
Single-Family
April 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 increased 3.3% on a month-over-month basis from 150 in March 2020 to 155 in April 2020. The number of new single-family listings in FMLS Area 132 decreased 30.4% on a month-over-month basis from 46 in March 2020 to 32 in April 2020. The number of single-family sales in FMLS Area 132 decreased 26.9% on a month-over-month basis from 26 in March 2020 to 19 in April 2020. The months of inventory for single-family in FMLS Area 132 increased 41.4% on a month-over-month basis from 5.8 months in March 2020 to 8.2 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+3.3%
-26.9%
+5.2%
+1.2%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-30.4% +41.4% -13.7%
+6.3%
Source: FMLS
73
FMLS
AREA 131
75
FMLS Area 21 Overview
April 2020
FMLS AREA 131 SUMMARY OF MARKET ACTIVITY
13
14
81 82
84
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.
121
131
132 51 400
71
21
285
85
75 285 85
22
ATTA C H E D H OME S
52
23 24
20
The following table shows activity for attached homes (condos and townhomes) in FMLS Area 131 from March, 1 2020 thru April, 30 2020. 32
31
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
ACTIVE LISTINGS
55
23
11
18
8
7
2
4
ANNUAL CLOSINGS
334
133
90
56
28
13
10
MONTHLY CLOSINGS
28
11
8
5
2
1
1
AVERAGE CDOM
26
44
62
83
138
134
97%
92%
96%
96%
94%
2
2
1
4
3
CATEGORY
SP/OLP MONTHS OF INVENTORY
20
53
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
3
4
0
0
135
1
1
2
0
0
668
0
0
0
0
0
56
49
31
164
162
0
0
50
96%
97%
92%
98%
94%
0%
0%
95%
6
2
48
36
24
0
0
2
285
85
75
Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 131 from March, 1 2020 thru April, 30 2020. $0 $199K
$200K $299K
ACTIVE LISTINGS
0
ANNUAL CLOSINGS
1
MONTHLY CLOSINGS
0
CATEGORY
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
0
2
13
22
27
13
1
32
93
92
53
31
0
3
8
8
4
3
2
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
4
9
36
5
0
131
25
16
52
2
0
398
1
4
0
0
33
0
1
74
60
55
95
64
67
74
86
216
0
71
37%
50%
91%
94%
97%
94%
95%
96%
95%
97%
79%
0%
95%
0
0
1
2
3
6
5
2
7
8
30
0
4
Source: FMLS Source: FMLS
76
$800K $899K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 2020
FMLS AREA 131 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Areas 131 increased 12.8% on a month-over-month basis from 78 in March 2020 to 88 in April 2020. The number of new condo listings in FMLS Areas 131 increased 15.8% on a monthover-month basis from 38 in March 2020 to 44 in April 2020. The number of condo sales in FMLS Areas 131 decreased 53.3% on a month-over-month basis from 30 in March 2020 to 14 in April 2020. The months of inventory for condos in FMLS Areas 131 increased 141.8% on a month-over-month basis from 2.6 months in March 2020 to 6.3 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+12.8% -53.3%
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-1.4%
-0.3%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+15.8% +141.8% +2.7%
-45.8%
Source: FMLS
77
Townhomes
April 2020
FMLS AREA 131 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Areas 131 decreased 7.6% on a month-over-month basis from 66 in March 2020 to 61 in April 2020. The number of new townhome listings in FMLS Areas 131 decreased 48.3% on a month-over-month basis from 29 in March 2020 to 15 in April 2020. The number of townhome sales in FMLS Areas 131 decreased 22.7% on a month-over-month basis from 22 in March 2020 to 17 in April 2020. The months of inventory for townhomes in FMLS Areas 131 increased 19.6% on a month-over-month basis from 3.0 months in March 2020 to 3.6 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-7.6%
-22.7%
-32.5%
+0.0%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-48.3% +19.6%
Source: FMLS
78
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 | 1 Q 2 0
-9.3%
+58.6%
Single-family
April 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 Areas 131 increased 9.5% on a month-over-month basis from 137 in March 2020 to 150 in April 2020. The number of new single-family listings in FMLS Areas 131 decreased 7.3% on a month-over-month basis from 55 in March 2020 to 51 in April 2020. The number of single-family sales in FMLS Areas 131 decreased 22.2% on a month-over-month basis from 36 in March 2020 to 28 in April 2020. The months of inventory for single-family in FMLS Areas 131 increased 40.8% on a month-over-month basis from 3.8 months in March 2020 to 5.4 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
+9.5% NUMBER OF NEW LISTINGS
-7.3%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-22.2% +14.2%
+40.8% +10.9%
SALES PRICE TO LIST PRICE RATIO
-0.1% MEDIAN CUMULATIVE DAYS ON MARKET
-21.4%
Source: FMLS
79
FMLS
AREA 121
81
FMLS Area 21 Overview
April 2020
FMLS AREA 121
13
SUMMARY OF MARKET ACTIVITY
14
81 82
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.
84
121
131
132 51 400
71
21
285
85
75 285 85
ATTA C H E D H OME S
22
52
23 24
20
The following table shows activity for attached homes (condos and townhomes) in FMLS Area 121 from March, 1 2020 thru April, 30 2020. $200K $299K
$300K $399K
$400K - $499K
$500K $599K
$600K $699K
$700K $799K
ACTIVE LISTINGS
16
15
17
11
10
0
0
0 285
0
ANNUAL CLOSINGS
54
120
50
57
33
0
2
0
MONTHLY CLOSINGS
5
10
4
5
3
0
0
0
AVERAGE CDOM
27
54
69
141
57
0
143
65%
97%
85%
95%
97%
0%
4
2
4
2
4
*
CATEGORY
SP/OLP MONTHS OF INVENTORY
$800K $899K
31 $900K $999K
$0 $199K
$1M $2M
32
20
$2M -53 > $5M $5M
AVG/ TOTALS
75
0
0
0
69
0
0
0
0
316
0
0
0
0
26
0
0
0
0
0
71
102%
0%
0%
0%
0%
0%
89%
0
0
0
0
0
0
3
85
Source: FMLS * - no sales were recorded in this price segment during the specified time period
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 121 from March, 1 2020 thru April, 30 2020. CATEGORY
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
ACTIVE LISTINGS
0
1
8
39
36
18
22
6
6
22
3
0
161
ANNUAL CLOSINGS
3
16
89
166
155
75
42
12
5
22
0
0
585
MONTHLY CLOSINGS
0
1
7
14
13
6
4
1
0
2
0
0
49
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
26
42
55
63
63
62
40
96
115
127
0
0
63
58%
88%
93%
97%
96%
96%
98%
90%
97%
93%
0%
0%
95%
0
1
1
3
3
3
6
6
14
12
0
0
3
Source: FMLS Source: FMLS
82
$500K $599K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 2020
FMLS AREA 121 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Areas 121 increased 19.5% on a month-over-month basis from 41 in March 2020 to 49 in April 2020. The number of new condo listings in FMLS Areas 121 increased 5.6% on a monthover-month basis from 18 in March 2020 to 19 in April 2020. The number of condo sales in FMLS Areas 121 decreased 11.8% on a month-over-month basis from 17 in March 2020 to 15 in April 2020. The months of inventory for condos in FMLS Areas 121 increased 35.4% on a month-over-month basis from 2.4 months in March 2020 to 3.3 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+19.5% -11.8%
+5.6%
+35.4%
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+0.0%
+0.8%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+5.0%
-78.7%
Source: FMLS
83
Townhomes
April 2020
FMLS AREA 121 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Areas 121 decreased 22.2% on a month-over-month basis from 36 in March 2020 to 28 in April 2020. The number of new townhome listings in FMLS Areas 121 decreased 85.7% on a month-over-month basis from 14 in March 2020 to 2 in April 2020. The number of townhome sales in FMLS Areas 121 decreased 50.0% on a month-over-month basis from 18 in March 2020 to 9 in April 2020. The months of inventory for townhomes in FMLS Areas 121 increased 55.6% on a month-over-month basis from 2.0 months in March 2020 to 3.1 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
-22.2%
-50.0%
-0.3%
-2.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-85.7% +55.6%
Source: FMLS
84
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 | 1 Q 2 0
-3.2%
-55.6%
Single-family
April 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 Areas 121 increased 7.3% on a month-over-month basis from 177 in March 2020 to 190 in April 2020. The number of new single-family listings in FMLS Areas 121 decreased 23.0% on a month-over-month basis from 87 in March 2020 to 67 in April 2020. The number of single-family sales in FMLS Areas 121 increased 7.0% on a month-over-month basis from 43 in March 2020 to 46 in April 2020. The months of inventory for single-family in FMLS Areas 121 increased 0.3% on a month-over-month basis from 4.1 months in March 2020 to 4.1 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+7.3%
+7.0%
-0.5%
-0.1%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-23.0%
+0.3%
+3.1%
+88.9%
Source: FMLS
85
FMLS
AREA 61-62
87
FMLS Area 21 Overview
April 2020
FMLS AREA 61-62 SUMMARY OF MARKET ACTIVITY
13
62
14
81 82
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
84
61
121
131
132 51 400
71
21
285
85
75 285 85
22
52
23 24
20
ATTA C H E D H OME S
20
32
31
53
The following table shows activity for attached homes (condos and townhomes) in FMLS Area 61-62 from March, 1 2020 thru April, 30 2020. 285
75
85
$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
24
138
250
171
90
44
30
20
19
55
19
0
860
ANNUAL CLOSINGS
243
1423
1214
547
221
88
50
22
26
66
5
0
3905
MONTHLY CLOSINGS
20
119
101
46
18
7
4
2
2
6
0
0
325
AVERAGE CDOM
29
33
62
74
99
89
140
98
145
157
158
0
56
92%
96%
97%
97%
96%
95%
95%
97%
91%
91%
93%
0%
96%
1
1
2
4
5
6
7
11
9
10
46
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 61-62 from March, 1 2020 thru April, 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
27
56
79
30
2
0
0
0
0
0
0
0
194
ANNUAL CLOSINGS
345
349
227
35
4
0
0
0
0
0
0
0
960
MONTHLY CLOSINGS
29
29
19
3
0
0
0
0
0
0
0
0
80
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
57
33
75
41
337
0
0
0
0
0
0
0
45
90%
98%
99%
100%
99%
0%
0%
0%
0%
0%
0%
0%
95%
1
2
4
10
6
0
0
0
0
0
0
0
2
Source: FMLS Source: FMLS
88
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 2020
FMLS AREA 61-62 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Areas 61-62 increased 36.8% on a month-over-month basis from 19 in March 2020 to 26 in April 2020. The number of new condo listings in FMLS Areas 61-62 increased 13.3% on a month-over-month basis from 15 in March 2020 to 17 in April 2020. The number of condo sales in FMLS Areas 61-62 increased 0.0% on a month-over-month basis from 13 in March 2020 to 13 in April 2020. The months of inventory for condos in FMLS Areas 61-62 increased 36.8% on a month-over-month basis from 1.5 months in March 2020 to 2.0 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+36.8%
+0.0%
+20.3%
-2.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+13.3% +36.8% +40.0% +220.0%
Source: FMLS
89
Townhomes
April 2020
FMLS AREA 61-62 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Areas 61-62 increased 4.5% on a month-over-month basis from 176 in March 2020 to 184 in April 2020. The number of new townhome listings in FMLS Areas 61-62 decreased 23.1% on a month-over-month basis from 104 in March 2020 to 80 in April 2020. The number of townhome sales in FMLS Areas 61-62 decreased 14.9% on a month-over-month basis from 67 in March 2020 to 57 in April 2020. The months of inventory for townhomes in FMLS Areas 61-62 increased 22.9% on a month-over-month basis from 2.6 months in March 2020 to 3.2 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
+4.5%
-14.9%
+7.5%
+0.0%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-23.7% +22.9%
Source: FMLS
90
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 | 1 Q 2 0
+0.3%
-56.0%
Single-family
April 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 Areas 61-62 increased 16.4% on a month-over-month basis from 908 in March 2020 to 1057 in April 2020. The number of new single-family listings in FMLS Areas 61-62 decreased 9.9% on a month-over-month basis from 484 in March 2020 to 436 in April 2020. The number of single-family sales in FMLS Areas 61-62 decreased 25.0% on a month-over-month basis from 336 in March 2020 to 252 in April 2020. The months of inventory for single-family in FMLS Areas 61-62 increased 55.2% on a month-over-month basis from 2.7 months in March 2020 to 4.2 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+16.4% -25.0%
-9.9%
+55.2%
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-0.3%
+0.3%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
+3.8%
-42.3%
Source: FMLS
91
FMLS
AREA 72-75
93
FMLS Area 21 Overview
April 2020
FMLS AREA 72-75 SUMMARY OF MARKET ACTIVITY
75
81 82 74 84
First Multiple Listing Service (FMLS) Area 72-75 includes the eastern region of Cobb County, the areas surrounding Marietta, Kennesaw, and Acworth. It includes Dobbins Air Force Base, Peach Arbor, Cumberland Ridge, and many other neighborhoods. FMLS Areas 72-75 are bound within Cobb county and to the west of I-75.
73
132 51 400
71 72
21
285
85
75 285 85
22
52
23 24
20
ATTA C H E D H OME S
285
20
32
31
53
75 85
The following table shows activity for attached homes (condos and townhomes) in FMLS Area 72-75 from March, 1 2020 thru April, 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
27
56
79
30
2
0
0
0
0
0
0
0
194
ANNUAL CLOSINGS
1220
2479
1486
791
363
146
57
31
18
33
1
1
6626
MONTHLY CLOSINGS
102
207
124
66
30
12
5
3
2
3
0
0
552
AVERAGE CDOM
28
36
54
70
80
120
83
67
92
157
703
234
47
95%
97%
98%
98%
87%
98%
97%
95%
96%
90%
78%
97%
96%
0
0
1
0
0
0
9
10
5
13
0
0
2
CATEGORY ACTIVE LISTINGS
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 72-75 from March, 1 2020 thru April, 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
ACTIVE LISTINGS
57
82
86
49
12
7
0
0
0
0
0
0
293
ANNUAL CLOSINGS
711
662
299
87
26
6
1
0
0
0
0
0
1792
MONTHLY CLOSINGS
59
55
25
7
2
1
0
0
0
0
0
0
149
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
31
54
74
109
213
63
66
0
0
0
0
0
48
96%
97%
99%
98%
100%
96%
93%
0%
0%
0%
0%
0%
97%
1
1
3
7
6
14
0
0
0
0
0
0
2
Source: FMLS Source: FMLS
94
AVG/ TOTALS
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 2020
FMLS AREA 72-75 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Areas 72-75 increased 18.5% on a month-over-month basis from 54 in March 2020 to 64 in April 2020. The number of new condo listings in FMLS Areas 72-75 decreased 36.0% on a month-over-month basis from 50 in March 2020 to 32 in April 2020. The number of condo sales in FMLS Areas 72-75 decreased 44.7% on a month-over-month basis from 47 in March 2020 to 26 in April 2020. The months of inventory for condos in FMLS Areas 72-75 increased 114.2% on a month-over-month basis from 1.1 months in March 2020 to 2.5 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
+18.5% -44.7%
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-1.0%
+0.5%
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-36.0% +114.2% -10.3%
-85.7%
Source: FMLS
95
Townhomes
April 2020
FMLS AREA 72-75 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Areas 72-75 increased 2.2% on a month-over-month basis from 275 in March 2020 to 281 in April 2020. The number of new townhome listings in FMLS Areas 72-75 decreased 21.7% on a month-over-month basis from 166 in March 2020 to 130 in April 2020. The number of townhome sales in FMLS Areas 72-75 decreased 12.0% on a month-over-month basis from 92 in March 2020 to 81 in April 2020. The months of inventory for townhomes in FMLS Areas 72-75 increased 16.1% on a month-over-month basis from 3.0 months in March 2020 to 3.5 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
+2.2%
-12.0%
-8.4%
+1.2%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-21.7% +16.1%
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 | 1 Q 2 0
-2.7%
-57.7%
Single-family
April 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 Areas 72-75 increased 14.8% on a month-over-month basis from 1235 in March 2020 to 1418 in April 2020. The number of new single-family listings in FMLS Areas 72-75 decreased 1.6% on a month-over-month basis from 748 in March 2020 to 736 in April 2020. The number of single-family sales in FMLS Areas 72-75 decreased 8.3% on a month-over-month basis from 515 in March 2020 to 472 in April 2020. The months of inventory for single-family in FMLS Areas 72-75 increased 25.3% on a month-over-month basis from 2.4 months in March 2020 to 3.0 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+14.8%
-8.3%
+1.7%
+0.1%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-1.6%
+25.3%
+4.4%
-40.0%
Source: FMLS
97
FMLS
AREA 81-83
99
FMLS Area 21 Overview
April 2020
FMLS AREA 81-83 SUMMARY OF MARKET ACTIVITY
81 82 74 83
First Multiple Listing Service (FMLS) Area 81-83 includes the area commonly referred to as East Cobb County. It includes White 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.
73
132 51 400
71 72
21
285
85
75 285 85
22
23 24
20
ATTA C H E D H OME S
52
20
32
31
53
The following table shows activity for attached homes (condos and townhomes) in FMLS Area 81-83 from March, 1 2020 thru April, 30 2020. 75
285
85
$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
24
18
13
11
12
10
2
3
2
0
0
0
95
ANNUAL CLOSINGS
276
113
64
32
10
7
5
2
1
0
0
0
510
MONTHLY CLOSINGS
23
9
5
3
1
1
0
0
0
0
0
0
43
AVERAGE CDOM
32
37
89
96
74
79
167
70
39
0
0
0
47
90%
97%
97%
98%
95%
100%
99%
100%
100%
0%
0%
0%
93%
1
2
2
4
14
17
5
18
24
0
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 81-83 from March, 1 2020 thru April, 30 2020. CATEGORY ACTIVE LISTINGS
$0 $199K
$200K $299K
$300K $399K
$400K - $499K
$600K $699K
$700K $799K
$800K $899K
$900K $999K
$1M $2M
$2M $5M
> $5M
AVG/ TOTALS
7
76
125
114
84
60
32
37
16
76
9
1
637
ANNUAL CLOSINGS
136
829
827
475
248
159
116
65
35
67
4
0
2961
MONTHLY CLOSINGS
11
69
69
40
21
13
10
5
3
6
0
0
247
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
17
43
48
58
70
78
83
106
182
190
54
0
56
95%
95%
96%
90%
97%
97%
95%
97%
95%
90%
99%
0%
95%
1
1
2
3
4
5
3
7
5
14
27
0
3
Source: FMLS Source: FMLS
100
$500K $599K
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0
Condominiums
April 2020
FMLS AREA 81-83 SU MMARY OF C O ND OMINIUM MARKET ACT IVIT Y The number of active condo listings in FMLS Areas 81-83 decreased 12.3% on a month-over-month basis from 57 in March 2020 to 50 in April 2020. The number of new condo listings in FMLS Areas 81-83 decreased 37.0% on a month-over-month basis from 27 in March 2020 to 17 in April 2020. The number of condo sales in FMLS Areas 81-83 decreased 54.5% on a month-over-month basis from 22 in March 2020 to 10 in April 2020. The months of inventory for condos in FMLS Areas 81-83 increased 93.0% on a month-over-month basis from 2.6 months in March 2020 to 5.0 months in April 2020.
M A R K E T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
-12.3%
-54.5%
+5.3%
+1.1%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-37.0% +93.0% +15.5% +10.5%
Source: FMLS
101
Townhomes
April 2020
FMLS AREA 81-83 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Areas 81-83 decreased 1.5% on a month-over-month basis from 65 in March 2020 to 64 in April 2020. The number of new townhome listings in FMLS Areas 81-83 decreased 6.1% on a month-over-month basis from 33 in March 2020 to 31 in April 2020. The number of townhome sales in FMLS Areas 81-83 decreased 25.0% on a month-over-month basis from 24 in March 2020 to 18 in April 2020. The months of inventory for townhomes in FMLS Areas 81-83 increased 31.3% on a month-over-month basis from 2.7 months in March 2020 to 3.6 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
-1.5% NUMBER OF NEW LISTINGS
-6.1%
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
MONTHS OF INVENTORY
AVERAGE SALE PRICE
-25.0% +12.4%
+31.3%
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 | 1 Q 2 0
+5.6%
SALES PRICE TO LIST PRICE RATIO
-1.3% MEDIAN CUMULATIVE DAYS ON MARKET
+66.7%
Single-family
April 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 Areas 81-83 increased 10.9% on a month-over-month basis from 687 in March 2020 to 762 in April 2020. The number of new single-family listings in FMLS Areas 81-83 decreased 24.4% on a month-over-month basis from 405 in March 2020 to 306 in April 2020. The number of single-family sales in FMLS Areas 81-83 decreased 16.7% on a month-over-month basis from 245 in March 2020 to 204 in April 2020. The months of inventory for single-family in FMLS Areas 81-83 decreased 33.2% on a month-over-month basis from 2.8 months in March 2020 to 3.7 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+10.9%
-16.7%
+7.7%
+1.6%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-24.4% +33.2%
+2.6%
-55.0%
Source: FMLS
103
FMLS
AREA 13
105
FMLS Area 21 Overview
April 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
106
52
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 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 March, 1 2020 thru April, 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
44
55
45
24
10
6
2
5
0
0
225
ANNUAL CLOSINGS
117
248
192
124
82
51
12
15
12
16
0
0
869
MONTHLY CLOSINGS
10
21
16
10
7
4
1
1
1
1
0
0
72
AVERAGE CDOM
22
35
61
111
129
137
40
115
111
100
0
0
67
96%
98%
98%
97%
98%
98%
99%
100%
100%
104%
0%
0%
98%
1
1
3
5
7
6
10
5
2
4
0
0
3
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 13 from March, 1 2020 thru April, 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
9
69
53
46
44
51
55
35
92
24
3
482
ANNUAL CLOSINGS
7
129
397
359
276
190
127
84
56
124
14
0
1763
MONTHLY CLOSINGS
1
11
33
30
23
16
11
7
5
10
1
0
147
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
12
35
55
55
63
82
123
129
132
138
111
0
75
92%
96%
96%
96%
97%
96%
96%
97%
96%
96%
91%
0%
96%
2
1
2
2
2
3
5
8
7
9
21
0
3
Source: FMLS
Source: FMLS
107
Townhomes
April 2020
FMLS AREA 13 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 13 increased 13.9% on a month-over-month basis from 180 in March 2020 to 205 in April 2020. The number of new townhome listings in FMLS Area 13 decreased 14.3% on a month-over-month basis from 84 in March 2020 to 72 in April 2020. The number of townhome sales in FMLS Area 13 decreased 4.0% on a month-over-month basis from 50 in March 2020 to 48 in April 2020. The months of inventory for townhome in FMLS Area 13 increased 18.6% on a month-over-month basis from 3.6 months in March 2020 to 4.3 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
SALES PRICE TO LIST PRICE RATIO
+13.9%
-4.0%
-0.3%
+0.5%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-14.3% +18.6%
Source: FMLS
108
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 | 1 Q 2 0
-5.2%
-48.1%
Single-Family
April 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 increased 20.1% on a month-over-month basis from 547 in March 2020 to 657 in April 2020. The number of new single-family listings in FMLS Area 13 decreased 20.1% on a month-over-month basis from 264 in March 2020 to 211 in April 2020. The number of single-family sales in FMLS Area 13 decreased 14.8% on a month-over-month basis from 149 in March 2020 to 127 in April 2020. The months of inventory for single-family in FMLS Area 13 increased 40.9% on a month-over-month basis from 3.7 months in March 2020 to 5.2 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+20.1% -14.8% +10.8%
-20.1% +40.9%
+9.1%
SALES PRICE TO LIST PRICE RATIO
+0.8% MEDIAN CUMULATIVE DAYS ON MARKET
-25.0%
Source: FMLS
109
FMLS
AREA 14
111
FMLS Area 21 Overview
April 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
112
52
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 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 March, 1 2020 thru April, 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
9
7
30
16
3
2
1
0
0
0
0
0
68
ANNUAL CLOSINGS
77
166
100
58
11
2
1
0
0
0
0
0
415
MONTHLY CLOSINGS
6
14
8
5
1
0
0
0
0
0
0
0
35
AVERAGE CDOM
21
39
74
75
155
155
51
0
0
0
0
0
54
65%
93%
97%
97%
95%
98%
106%
0%
0%
0%
0%
0%
89%
1
1
4
3
3
12
12
0
0
0
0
0
2
CATEGORY
SP/OLP MONTHS OF INVENTORY Source: FMLS
DE TA C H E D H OME S The following table shows activity for detached homes (single family) in FMLS Area 14 from March, 1 2020 thru April, 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
11
60
92
73
58
41
26
16
61
12
0
450
ANNUAL CLOSINGS
7
196
568
424
325
212
93
53
27
51
3
1
1960
MONTHLY CLOSINGS
1
16
47
35
27
18
8
4
2
4
0
0
163
AVERAGE CDOM SP/OLP MONTHS OF INVENTORY
8
37
53
60
67
85
97
107
115
159
271
313
67
95%
96%
95%
80%
97%
96%
96%
95%
96%
91%
82%
83%
92%
0
1
1
3
3
3
5
6
7
14
48
0
3
Source: FMLS
Source: FMLS
113
Townhomes
April 2020
FMLS AREA 14 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 14 increased 20.4% on a month-over-month basis from 54 in March 2020 to 65 in April 2020. The number of new townhome listings in FMLS Area 14 decreased 8.3% on a month-over-month basis from 24 in March 2020 to 22 in April 2020. The number of townhome sales in FMLS Area 14 decreased 18.2% on a month-over-month basis from 22 in March 2020 to 18 in April 2020. The months of inventory for townhome in FMLS Area 14 increased 47.1% on a month-over-month basis from 2.5 months in March 2020 to 3.6 months in April 2020.
M A R KE T AC TIV ITY DASHB OAR D | APR IL 2020 VS MARCH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
+20.4% -18.2% +13.7%
-8.3%
+47.1%
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 | 1 Q 2 0
-1.9%
SALES PRICE TO LIST PRICE RATIO
+0.3% MEDIAN CUMULATIVE DAYS ON MARKET
-6.7%
Single-Family
April 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 increased 0.0% on a month-over-month basis from 504 in March 2020 to 504 in April 2020. The number of new single-family listings in FMLS Area 14 decreased 26.1% on a month-over-month basis from 241 in March 2020 to 178 in April 2020. The number of single-family sales in FMLS Area 14 decreased 9.7% on a month-over-month basis from 145 in March 2020 to 131 in April 2020. The months of inventory for single-family in FMLS Area 14 increased 10.7% on a month-over-month basis from 3.5 months in March 2020 to 3.8 months in April 2020.
M A R KE T AC TIV ITY DASHBOARD | APRIL 2020 VS MAR CH 2020
NUMBER OF ACTIVE LISTINGS
NUMBER OF CLOSINGS
MEDIAN SALE PRICE
SALES PRICE TO LIST PRICE RATIO
+0.0%
-9.7%
+5.6%
+0.3%
NUMBER OF NEW LISTINGS
MONTHS OF INVENTORY
AVERAGE SALE PRICE
MEDIAN CUMULATIVE DAYS ON MARKET
-26.1% +10.7%
+4.8%
-6.3%
Source: FMLS
115
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Source: 1/1/2020 – 3/31/2020 provided by v 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.
116
AT L A N TA M A R K E T I N T E L L I G E N C E | 1 Q 2 0