Kristen Pollock - Engel & Völkers Atlanta - Q2 2020 Market Intelligence

Page 1

MARKET INTELLIGENCE 2 0 2 0

Q 2

AT L A N T A ,

Kristen Pollock • Engel & Völkers Atlanta 1745 Peachtree St • Atlanta • GA 30309 Office +1 404-845-7724 Mobile Source: 4/1/2020 – 6/31/2020 provided• by FMLS +1 404-946-1770 kristen.pollock@evatlanta.com kristenpollock.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 July 1, it’s infected over 14 million worldwide and 3.5 million in the U.S. This has taken a toll on the U.S. economy and spiked unemployment to 12%. 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.

Interest Rates Plus New Pending Sales. Closings and Permits - 3 Month Moving Average Atlanta Interest Rates New Pending Sales Trend New Closings Trend Permit Trend

*Source: MarketNSight

January 1 - July 14 WeeklyAtlanta New Pending Sales New Pending Sales 2019 New Pending Sales 2020 with Lag New Pending Sales 2020 Forecast

*Source: MarketNSight

Source: 4/1/2020 – 6/31/2020 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 | 2 Q 2 0


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

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 will see housing retake its traditional role of leading the country out of this recession in the fourth quarter of this year.

Source: 4/1/2020 – 6/31/2020 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: 4/1/2020 – 6/31/2020 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 | 2 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 data across the Atlanta real estate market, the effects of COVID-19 cannot fully be seen yet. The end of quarter two reflects only the early stages the pandemic’s impact; a more fully-formed picture will appear as we move through the third quarter. We’ll be releasing another detailed report at the end of the third quarter, make sure you’re signed up to receive it by clicking below.

SIGN UP FOR THE Q3 REPORT

Source: 4/1/2020 – 6/31/2020 provided by FMLS

5


Source: 4/1/2020 – 6/31/2020 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 | 2 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 second 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 3-month timeline to sell all of the homes on the market. However, supply levels for higher priced homes can range widely from 2-20 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: 4/1/2020 – 6/31/2020 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

Source: 4/1/2020 – 6/31/2020 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 | 2 Q 2 0


Single Family Homes Inside the Perimeter

187

Outside the Perimeter

203

Condominiums

Inside the Perimeter

215

Outside the Perimeter

219

Townhomes

Inside the Perimeter

223

Outside the Perimeter

229

Source: 4/1/2020 – 6/31/2020 provided by FMLS

9



FMLS

AREA 21

11


Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

66

123

76

59

31

34

20

19

8

25

13

3

477

ANNUAL CLOSINGS

237

414

172

86

49

48

17

16

10

27

10

1

1087

MONTHLY CLOSINGS

20

35

14

7

4

4

1

1

1

2

1

0

91

AVERAGE CDOM

46

67

69

81

96

111

70

142

98

76

174

352

71

93%

94%

96%

94%

95%

93%

95%

93%

95%

94%

92%

87%

94%

3

4

5

8

8

9

14

14

10

11

16

36

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 April, 1 2020 thru June, 30 2020. $0 $199K

$200K $299K

ACTIVE LISTINGS

5

4

ANNUAL CLOSINGS

16

6

MONTHLY CLOSINGS

1

1

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

4

7

14

45

17

28

20

26

19

121

72

22

345

81

108

99

86

54

246

58

2

815

4

7

9

8

7

5

21

5

0

68

54

19

66

73

64

72

79

91

71

83

123

122

80

86%

99%

93%

92%

83%

94%

93%

93%

92%

92%

92%

90%

91%

4

8

3

2

3

3

2

4

4

6

15

132

5

Source: FMLS

Source: FMLS

13


Condominiums

2Q 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 15.2% on a year-over-year basis from 1102 in Q2 2019 to 1270 in Q2 2020. The number of new condo listings in FMLS Area 21 decreased 11.9% on a year-over-year basis from 462 in Q2 2019 to 407 in Q2 2020. The number of condo sales in FMLS Area 21 decreased 41.8% on a year-over-year basis from 287 in Q2 2019 to 167 in Q2 2020. The months of inventory for condos in FMLS Area 21 increased 109.6% on a year-over-year basis from 4 months in Q2 2019 to 8 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

+15.2% -41.8%

MEDIAN SALE PRICE

SALES PRICE TO LIST PRICE RATIO

-14.5%

+3.0%

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-11.9% +109.6% -28.9% +25.7%

Source: FMLS

14

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0


SUPPLY D YNAMICS 400

400

300

300

200

200

100

100

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 21 increased 15.2% on a year-over-year basis from 1102 in Q2 2019 to 1270 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 21 decreased 11.9% on a year-over-year basis from 462 in Q2 2019 to 407 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 21 decreased 41.8% on a yearover-year basis from 287 in Q2 2019 to 167 in Q2 2020.

Source: FMLS

15


Townhomes

2Q 2020

FMLS AREA 21 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 21 increased 30.0% on a year-over-year basis from 234 in Q2 2019 to 305 in Q2 2020. The number of new townhome listings in FMLS Area 21 decreased 13.8% on a yearover-year basis from 116 in Q2 2019 to 100 in Q2 2020. The number of townhome sales in FMLS Area 21 decreased 28.4% on a year-over-year basis from 74 in Q2 2019 to 53 in Q2 2020. The months of inventory for townhomes in FMLS Area 21 increased 81.2% on a year-over-year basis from 3.2 months in Q2 2019 to 5.8 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

+30.3% -28.4%

-13.8% +81.2%

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 | 2 Q 2 0

MEDIAN SALE PRICE

SALES PRICE TO LIST PRICE RATIO

-9.8%

-0.1%

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-2.1%

+182.3%


SUPPLY D YNAMICS 120

120

90

90

60

60

30

30

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 21 increased 30.0% on a year-over-year basis from 234 in Q2 2019 to 305 in Q2 2020

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 21 decreased 13.8% on a year-over-year basis from 116 in Q2 2019 to 100 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 21 decreased 28.4% on a year-over-year basis from 74 in Q2 2019 to 53 in Q2 2020.

Source: FMLS

17


Single-Family

2Q 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 decreased 11.9% on a year-over-year basis from 1504 in Q2 2019 to 1325 in Q2 2020. The number of new single-family listings in FMLS Area 21 decreased 17.3% on a year-over-year basis from 548 in Q2 2019 to 453 in Q2 2020. The number of single-family sales in FMLS Area 21 decreased 26.6% on a year-over-year basis from 290 in Q2 2019 to 213 in Q2 2020. The months of inventory for single-family in FMLS Area 21 increased 22.5% on a year-over-year basis from 5.2 months in Q2 2019 to 6.4 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-11.9%

-26.6%

-0.7%

+3.9%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-17.3% +22.5%

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 | 2 Q 2 0

-8.2%

+18.3%


SUPPLY D YNAMICS 600

600

450

450

300

300

150

150

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 21 decreased 11.9% on a year-over-year basis from 1504 in Q2 2019 to 1325 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 21 decreased 17.3% on a year-over-year basis from 548 in Q2 2019 to 453 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 21 decreased 26.6% on a year-over-year basis from 290 in Q2 2019 to 213 in Q2 2020.

Source: FMLS

19



FMLS

AREA 22

21


FMLS Area 21 Overview

2Q 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, 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.

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 | 2 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 April, 1 2020 thru June, 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

37

54

29

15

10

7

4

3

1

1

0

0

161

ANNUAL CLOSINGS

169

227

106

40

22

16

2

3

3

2

0

0

590

MONTHLY CLOSINGS

14

19

9

3

2

1

0

0

0

0

0

0

49

AVERAGE CDOM

58

57

51

70

93

91

310

26

25

171

0

0

62

73%

94%

98%

97%

96%

98%

95%

100%

99%

96%

0%

0%

89%

3

3

3

5

5

5

24

12

4

6

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 22 from April, 1 2020 thru June, 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

78

60

28

13

13

1

5

0

0

7

6

0

211

ANNUAL CLOSINGS

340

161

84

97

37

7

10

3

3

9

5

1

757

MONTHLY CLOSINGS

28

13

7

8

3

1

1

0

0

1

0

0

63

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

56

62

57

42

46

74

53

39

104

166

240

634

59

88%

95%

96%

97%

98%

96%

96%

100%

90%

90%

81%

60%

92%

3

4

4

2

4

2

6

0

0

9

14

0

3

Source: FMLS

Source: FMLS

23


Condominiums

2Q 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 1.0% on a year-over-year basis from 508 in Q2 2019 to 503 in Q2 2020. The number of new condo listings in FMLS Area 22 decreased 32.6% on a year-over-year basis from 239 in Q2 2019 to 161 in Q2 2020. The number of condo sales in FMLS Area 22 decreased 43.3% on a year-over-year basis from 133 in Q2 2019 to 75 in Q2 2020. The months of inventory for condos in FMLS Area 22 increased 118.4% on a year-over-year basis from 3.9 months in Q2 2019 to 8.5 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

-1.0%

-43.6%

+5.5%

+0.1%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-32.6% +118.4% +3.5%

Source: FMLS

24

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 | 2 Q 2 0

+44.4%


SUPPLY D YNAMICS 200

200

150

150

100

100

50

50

0

2Q18

3Q18

The number of active condo listings in FMLS Area 22 decreased 1.0% on a year-over-year basis from 508 in Q2 2019 to 503 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 22 decreased 32.6% on a year-over-year basis from 239 in Q2 2019 to 161 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 22 decreased 43.3% on a yearover-year basis from 133 in Q2 2019 to 75 in Q2 2020.

Source: FMLS

25


Townhomes

2Q 2020

FMLS AREA 22 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 22 increased 33.5% on a year-over-year basis from 161 in Q2 2019 to 215 in Q2 2020. The number of new townhome listings in FMLS Area 22 increased 2.9% on a year-over-year basis from 105 in Q2 2019 to 108 in Q2 2020. The number of townhome sales in FMLS Area 22 increased 5.1% on a year-over-year basis from 78 in Q2 2019 to 82 in Q2 2020. The months of inventory for townhomes in FMLS Area 22 increased 31.9% on a year-over-year basis from 2.0 months in Q2 2019 to 2.7 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

+33.5%

+5.1%

+9.6%

+1.4%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+2.9%

+31.9% +10.5% +225.0%

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 | 2 Q 2 0


SUPPLY D YNAMICS 75

75

50

50

25

25

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 22 increased 33.5% on a year-over-year basis from 161 in Q2 2019 to 215 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 22 increased 2.9% on a year-over-year basis from 105 in Q2 2019 to 108 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 22 increased 5.1% on a year-over-year basis from 78 in Q2 2019 to 82 in Q2 2020.

Source: FMLS

27


Single-Family

2Q 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 8.1% on a year-over-year basis from 884 in Q2 2019 to 956 in Q2 2020. The number of new single-family listings in FMLS Area 22 decreased 6.7% on a year-overyear basis from 402 in Q2 2019 to 375 in Q2 2020. The number of single-family sales in FMLS Area 22 decreased 24.5% on a year-over-year basis from 237 in Q2 2019 to 179 in Q2 2020. The months of inventory for single-family in FMLS Area 22 increased 48.6% on a year-over-year basis from 3.7 months in Q2 2019 to 5.5 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

+ 8.1% NUMBER OF NEW LISTINGS

-6.7%

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

MONTHS OF INVENTORY

AVERAGE SALE PRICE

-24.5% +24.8%

+1.9% MEDIAN CUMULATIVE DAYS ON MARKET

+48.6% +23.5% +55.8%

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 | 2 Q 2 0


SUPPLY D YNAMICS 400

400

300

300

200

200

100

100

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 22 increased 8.1% on a year-over-year basis from 884 in Q2 2019 to 956 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 22 decreased 6.7% on a year-over-year basis from 402 in Q2 2019 to 375 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 22 decreased 24.5% on a year-over-year basis from 237 in Q2 2019 to 179 in Q2 2020.

Source: FMLS

29



FMLS

AREA 23

31


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

93

90

38

26

18

12

4

6

13

1

0

352

ANNUAL CLOSINGS

201

437

316

151

72

38

20

12

7

12

1

0

1267

MONTHLY CLOSINGS

17

36

26

13

6

3

2

1

1

1

0

0

106

AVERAGE CDOM

53

53

46

57

66

72

51

57

16

147

42

0

54

94%

97%

97%

96%

97%

96%

97%

94%

98%

94%

98%

0%

96%

3

3

3

3

4

6

7

4

10

13

12

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 23 from April, 1 2020 thru June, 30 2020. $0 $199K

$200K $299K

ACTIVE LISTINGS

4

ANNUAL CLOSINGS

10

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

3

4

10

9

9

8

26

55

74

61

1

2

5

6

5

6

$2M $5M

> $5M

AVG/ TOTALS

8

5

11

67

35

25

46

5

0

114

85

11

0

457

3

2

7

1

0

38

23

63

63

53

63

49

53

57

46

76

81

0

59

96%

88%

95%

93%

98%

95%

95%

96%

96%

94%

92%

0%

95%

5

5

2

2

1

2

1

2

5

6

5

0

3

Source: FMLS

Source: FMLS

33


Condominiums

2Q 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 20.4% on a year-over-year basis from 910 in Q2 2019 to 1096 in Q2 2020. The number of new condo listings in FMLS Area 23 decreased 1.5% on a year-over-year basis from 533 in Q2 2019 to 525 in Q2 2020. The number of condo sales in FMLS Area 23 decreased 34.2% on a year-over-year basis from 380 in Q2 2019 to 250 in Q2 2020. The months of inventory for condos in FMLS Area 23 increased 91.5% on a year-over-year basis from 2.4 months in Q2 2019 to 4.6 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

+20.4% -34.2%

-1.5%

+91.5%

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 | 2 Q 2 0

MEDIAN SALE PRICE

SALES PRICE TO LIST PRICE RATIO

+0.0%

+1.2%

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+0.5%

+10.7%


SUPPLY D YNAMICS 400

400

300

300

200

200

100

100

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 23 increased 20.4% on a year-over-year basis from 910 in Q2 2019 to 1096 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 23 decreased 1.5% on a year-over-year basis from 533 in Q2 2019 to 525 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 23 decreased 34.2% on a yearover-year basis from 380 in Q2 2019 to 250 in Q2 2020.

Source: FMLS

35


Townhomes

2Q 2020

FMLS AREA 23 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 23 increased 0.7% on a year-over-year basis from 289 in Q2 2019 to 291 in Q2 2020. The number of new townhome listings in FMLS Area 23 decreased 15.0% on a year-overyear basis from 120 in Q2 2019 to 102 in Q2 2020. The number of townhome sales in FMLS Area 23 decreased 18.6% on a year-over-year basis from 59 in Q2 2019 to 48 in Q2 2020. The months of inventory for townhomes in FMLS Area 23 increased 30.4% on a year-over-year basis from 4.9 months in Q2 2019 to 6.4 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

+0.7%

-18.6%

+2.6%

+0.1%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-15.0% +30.4%

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 | 2 Q 2 0

+2.0% +222.5%


SUPPLY D YNAMICS 75

75

50

50

25

25

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 23 increased 0.7% on a year-over-year basis from 289 in Q2 2019 to 291 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 23 decreased 15.0% on a year-over-year basis from 120 in Q2 2019 to 102 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 23 decreased 18.6% on a year-over-year basis from 59 in Q2 2019 to 48 in Q2 2020.

Source: FMLS

37


Single-Family

2Q 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 13.7% on a year-over-year basis from 607 in Q2 2019 to 524 in Q2 2020. The number of new single-family listings in FMLS Area 23 decreased 17.6% on a yearover-year basis from 301 in Q2 2019 to 248 in Q2 2020. The number of single-family sales in FMLS Area 23 decreased 3108% on a year-over-year basis from 170 in Q2 2019 to 116 in Q2 2020. The months of inventory for single-family in FMLS Area 23 increased 30.9% on a year-over-year basis from 3.7 months in Q2 2019 to 4.9 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

-13.7%

-31.8%

-13.0%

+1.3%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-17.6% +30.9% -10.4%

Source: FMLS

38

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 | 2 Q 2 0

-19.6%


SUPPLY D YNAMICS 250

250

200

200

150

150

100

100

50

50

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 23 decreased 13.7% on a year-over-year basis from 607 in Q2 2019 to 524 in Q2 2020.

4Q18

1Q19

2Q19

The number of new single-family listings in FMLS Area 23 decreased 17.6% on a year-over-year basis from 301 in Q2 2019 to 248 in Q2 2020.

3Q19

4Q19

1Q20

0

The number of single-family sales in FMLS Area 23 decreased 3108% on a year-over-year basis from 170 in Q2 2019 to 116 in Q2 2020.

Source: FMLS

39



FMLS

AREA 24

41


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

4

6

7

2

1

5

0

2

0

0

0

0

27

ANNUAL CLOSINGS

39

57

53

29

10

9

0

0

0

0

0

0

197

MONTHLY CLOSINGS

3

5

4

2

1

1

0

0

0

0

0

0

16

AVERAGE CDOM

70

43

50

42

62

51

0

0

0

0

0

0

50

93%

97%

97%

99%

96%

97%

0%

0%

0%

0%

0%

0%

96%

1

1

2

1

1

7

0

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 24 from April, 1 2020 thru June, 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

9

19

14

14

8

5

2

0

6

3

0

80

ANNUAL CLOSINGS

18

103

133

146

87

41

29

12

10

26

3

0

608

MONTHLY CLOSINGS

2

9

11

12

7

3

2

1

1

2

0

0

51

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

97

68

60

34

35

28

27

33

40

35

36

0

46

86%

90%

96%

98%

98%

98%

98%

97%

98%

100%

95%

0%

96%

0

1

2

1

2

2

2

2

0

3

12

0

2

Source: FMLS

Source: FMLS

43


Condominiums

2Q 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 1.8% on a year-over-year basis from 56 in Q2 2019 to 55 in Q2 2020. The number of new condo listings in FMLS Area 24 decreased 23.5% on a year-over-year basis from 51 in Q2 2019 to 39 in Q2 2020. The number of condo sales in FMLS Area 24 decreased 36.1% on a year-overyear basis from 36 in Q2 2019 to 23 in Q2 2020. The months of inventory for condos in FMLS Area 24 increased 52.5% on a year-over-year basis from 1.9 months in Q2 2019 to 2.8 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

-1.8%

-36.1%

-7.3%

+2.2%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-23.5% +52.5% -11.6%

Source: FMLS

44

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 | 2 Q 2 0

-36.6%


SUPPLY D YNAMICS 40

40

30

30

20

20

10

10

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 24 decreased 1.8% on a year-over-year basis from 56 in Q2 2019 to 55 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 24 decreased 23.5% on a year-over-year basis from 51 in Q2 2019 to 39 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 24 decreased 36.1% on a yearover-year basis from 36 in Q2 2019 to 23 in Q2 2020.

Source: FMLS

45


Townhomes

2Q 2020

FMLS AREA 24 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 24 increased 2.9% on a year-over-year basis from 175 in Q2 2019 to 180 in Q2 2020. The number of new townhome listings in FMLS Area 24 increased 17.2% on a year-overyear basis from 58 in Q2 2019 to 68 in Q2 2020. The number of townhome sales in FMLS Area 24 decreased 9.7% on a year-over-year basis from 31 in Q2 2019 to 28 in Q2 2020. The months of inventory for townhomes in FMLS Area 24 increased 18.3% on a year-over-year basis from 5.9 months in Q2 2019 to 7.0 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

+2.9%

-9.7%

+10.0%

+1.6%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+17.2% +18.3%

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 | 2 Q 2 0

+7.0%

-48.5%


SUPPLY D YNAMICS 60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 24 increased 2.9% on a year-over-year basis from 175 in Q2 2019 to 180 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 24 increased 17.2% on a year-over-year basis from 58 in Q2 2019 to 68 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 24 decreased 9.7% on a year-over-year basis from 31 in Q2 2019 to 28 in Q2 2020.

Source: FMLS

47


Single-Family

2Q 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 33.1% on a year-over-year basis from 623 in Q2 2019 to 417 in Q2 2020. The number of new single-family listings in FMLS Area 24 decreased 28.5% on a year-over-year basis from 347 in Q2 2019 to 248 in Q2 2020. The number of single-family sales in FMLS Area 24 decreased 19.5% on a year-over-year basis from 210 in Q2 2019 to 169 in Q2 2020. The months of inventory for single-family in FMLS Area 24 decreased 12.9% on a year-over-year basis from 3.0 months in Q2 2019 to 2.6 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-33.1%

-19.5%

+5.0%

+1.0%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-28.5%

-12.9%

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 | 2 Q 2 0

+7.1%

-7.5%


SUPPLY D YNAMICS 250

250

200

200

150

150

100

100

50

50

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 24 decreased 33.1% on a year-over-year basis from 623 in Q2 2019 to 417 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 24 decreased 28.5% on a year-over-year basis from 347 in Q2 2019 to 248 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 24 decreased 19.5% on a year-over-year basis from 210 in Q2 2019 to 169 in Q2 2020.

Source: FMLS

49



FMLS

AREA 51

51


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

23

34

16

10

15

4

1

3

1

2

0

0

109

ANNUAL CLOSINGS

63

100

74

76

32

5

4

1

0

0

0

0

355

MONTHLY CLOSINGS

5

8

6

6

3

0

0

0

0

0

0

0

30

AVERAGE CDOM

49

52

56

66

54

36

52

192

0

0

0

0

59

61%

98%

97%

97%

97%

96%

97%

94%

0%

0%

0%

0%

91%

4

4

3

2

6

10

3

36

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 51 from April, 1 2020 thru June, 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

5

14

15

27

15

14

10

10

16

1

0

127

ANNUAL CLOSINGS

3

45

137

145

123

95

59

41

28

42

3

0

721

MONTHLY CLOSINGS

0

4

11

12

10

8

5

3

2

4

0

0

60

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

4

33

55

44

43

37

37

56

52

58

12

0

45

31%

96%

95%

96%

97%

97%

97%

97%

97%

95%

97%

0%

96%

0

1

1

1

3

2

3

3

4

5

4

0

2

Source: FMLS

Source: FMLS

53


Condominiums

2Q 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 increased 47.8% on a year-over-year basis from 136 in Q2 2019 to 201 in Q2 2020. The number of new condo listings in FMLS Area 51 increased 27.0% on a year-over-year basis from 63 in Q2 2019 to 80 in Q2 2020. The number of condo sales in FMLS Area 51 decreased 15.4% on a yearover-year basis from 52 in Q2 2019 to 44 in Q2 2020. The months of inventory for condos in FMLS Area 51 increased 67.3% on a year-over-year basis from 2.8 months in Q2 2019 to 4.7 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

+47.8%

-15.4%

+9.0%

-1.0%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+27.0% +67.3%

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 | 2 Q 2 0

+8.3% +110.5%


SUPPLY D YNAMICS 80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 51 increased 47.8% on a year-over-year basis from 136 in Q2 2019 to 201 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 51 increased 27.0% on a year-over-year basis from 63 in Q2 2019 to 80 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 51 decreased 15.4% on a yearover-year basis from 52 in Q2 2019 to 44 in Q2 2020.

Source: FMLS

55


Townhomes

2Q 2020

FMLS AREA 51 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 51 decreased 11.6% on a year-over-year basis from 405 in Q2 2019 to 358 in Q2 2020. The number of new townhome listings in FMLS Area 51 decreased 8.0% on a year-over-year basis from 163 in Q2 2019 to 150 in Q2 2020. The number of townhome sales in FMLS Area 51 decreased 1.0% on a year-over-year basis from 96 in Q2 2019 to 95 in Q2 2020. The months of inventory for townhomes in FMLS Area 51 decreased 7.0% on a year-over-year basis from 4.3 months in Q2 2019 to 4.3 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-11.6%

-1.0%

+1.4%

+1.4%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-8.0%

-7.1%

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 | 2 Q 2 0

-2.1%

-29.4%


SUPPLY D YNAMICS 150

150

120

120

90

90

60

60

30

30

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 51 decreased 11.6% on a year-over-year basis from 405 in Q2 2019 to 358 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 51 decreased 8.0% on a year-over-year basis from 163 in Q2 2019 to 150 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 51 decreased 1.0% on a year-over-year basis from 96 in Q2 2019 to 95 in Q2 2020.

Source: FMLS

57


Single-Family

2Q 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 16.9% on a year-over-year basis from 703 in Q2 2019 to 584 in Q2 2020. The number of new single-family listings in FMLS Area 51 decreased 18.9% on a year-over-year basis from 386 in Q2 2019 to 313 in Q2 2020. The number of single-family sales in FMLS Area 51 decreased 27.4% on a year-over-year basis from 281 in Q2 2019 to 204 in Q2 2020. The months of inventory for single-family in FMLS Area 51 increased 22.7% on a year-over-year basis from 2.5 months in Q2 2019 to 3.1 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-16.9%

-27.4%

+0.0%

+2.6%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-18.9% +22.7%

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 | 2 Q 2 0

-0.1%

-34.8%


SUPPLY D YNAMICS 300

300

200

200

100

100

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 51 decreased 16.9% on a year-over-year basis from 703 in Q2 2019 to 584 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 51 decreased 18.9% on a year-over-year basis from 386 in Q2 2019 to 313 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 51 decreased 27.4% on a year-over-year basis from 281 in Q2 2019 to 204 in Q2 2020.

Source: FMLS

59



FMLS

AREA 52

61


FMLS Area 21 Overview

1Q 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 | 2 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 April, 1 2020 thru June, 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

39

37

9

15

8

2

2

0

0

1

0

0

113

ANNUAL CLOSINGS

208

156

83

59

16

9

1

1

0

0

0

0

533

MONTHLY CLOSINGS

17

13

7

5

1

1

0

0

0

0

0

0

44

AVERAGE CDOM

44

47

52

46

57

45

79

16

0

0

0

0

44

94%

97%

97%

98%

98%

97%

92%

99%

0%

0%

0%

0%

96%

2

3

1

3

6

3

24

0

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 52 from April, 1 2020 thru June, 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

47

71

49

51

53

38

30

16

12

16

3

0

386

ANNUAL CLOSINGS

325

454

448

284

194

96

65

38

17

41

1

0

1963

MONTHLY CLOSINGS

27

38

37

24

16

8

5

3

1

3

0

0

164

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

42

66

50

60

43

55

54

71

59

47

42

0

56

90%

95%

96%

95%

97%

96%

97%

97%

95%

97%

97%

0%

95%

2

2

1

2

3

5

6

5

8

5

36

0

2

Source: FMLS

Source: FMLS

63


Condominiums

2Q 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 41.0% on a year-over-year basis from 188 in Q1 2019 to 265 in Q1 2020. The number of new condo listings in FMLS Area 52 increased 6.3% on a year-over-year basis from 126 in Q1 2019 to 134 in Q1 2020. The number of condo sales in FMLS Area 52 decreased 23.4% on a year-over-year basis from 107 in Q1 2019 to 82 in Q1 2020. The months of inventory for condos in FMLS Area 52 increased 80.4% on a year-over-year basis from 1.8 months in Q1 2019 to 3.3 months in Q1 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

+41.0% -23.4%

+6.3%

SALES PRICE TO LIST PRICE RATIO

-7.1%

+0.2%

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+80.4% +18.3% +55.9%

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 | 2 Q 2 0


SUPPLY D YNAMICS 80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 52 increased 41.0% on a year-over-year basis from 188 in Q1 2019 to 265 in Q1 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 52 increased 6.3% on a year-over-year basis from 126 in Q1 2019 to 134 in Q1 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 52 decreased 23.4% on a yearover-year basis from 107 in Q1 2019 to 82 in Q1 2020.

Source: FMLS

65


Townhomes

2Q 2020

FMLS AREA 52 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 52 increased 38.1% on a year-over-year basis from 252 in Q2 2019 to 348 in Q2 2020. The number of new townhome listings in FMLS Area 52 decreased 8.9% on a year-over-year basis from 157 in Q2 2019 to 143 in Q2 2020. The number of townhome sales in FMLS Area 52 increased 35.6% on a year-over-year basis from 73 in Q2 2019 to 99 in Q2 2020. The months of inventory for townhomes in FMLS Area 52 increased 18.2% on a year-over-year basis from 3.5 months in Q2 2019 to 4.1 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

+38.1% +35.6% -15.6%

-8.9%

+0.3% MEDIAN CUMULATIVE DAYS ON MARKET

+18.2% -11.0% +22.6%

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 | 2 Q 2 0


SUPPLY D YNAMICS 120

120

90

90

60

60

30

30

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 52 increased 38.1% on a year-over-year basis from 252 in Q2 2019 to 348 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 52 decreased 8.9% on a year-over-year basis from 157 in Q2 2019 to 143 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 52 increased 35.6% on a year-over-year basis from 73 in Q2 2019 to 99 in Q2 2020.

Source: FMLS

67


Single-Family

2Q 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 16.3% on a year-over-year basis from 2124 in Q2 2019 to 1777 in Q2 2020. The number of new single-family listings in FMLS Area 52 decreased 26.4% on a year-over-year basis from 1103 in Q2 2019 to 812 in Q2 2020. The number of single-family sales in FMLS Area 52 decreased 23.5% on a year-over-year basis from 659 in Q2 2019 to 504 in Q2 2020. The months of inventory for single-family in FMLS Area 52 increased 11.7% on a year-over-year basis from 3.3 months in Q2 2019 to 3.7 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-16.3%

-23.5%

+1.8%

+1.6%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-26.4%

+3.7%

Source: FMLS

68

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 | 2 Q 2 0

+3.2%

+5.9%


SUPPLY D YNAMICS 800

800

600

600

400

400

200

200

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 52 decreased 16.3% on a year-over-year basis from 2124 in Q2 2019 to 1777 in Q2 2020

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 52 decreased 26.4% on a year-over-year basis from 1103 in Q2 2019 to 812 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 52 decreased 23.5% on a year-over-year basis from 659 in Q2 2019 to 504 in Q2 2020.

Source: FMLS

69



FMLS

AREA 53

71


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

1

0

0

0

0

0

0

0

0

0

10

ANNUAL CLOSINGS

18

12

0

0

0

0

0

0

0

0

0

0

30

MONTHLY CLOSINGS

2

1

0

0

0

0

0

0

0

0

0

0

3

AVERAGE CDOM

42

45

0

0

0

0

0

0

0

0

0

0

32

94%

99%

0%

0%

0%

0%

0%

0%

0%

0%

0%

0%

96%

4

3

-

-

-

-

0

0

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 53 from April, 1 2020 thru June, 30 2020. $0 $199K

$200K $299K

$300K $399K

ACTIVE LISTINGS

10

17

ANNUAL CLOSINGS

84

80

MONTHLY CLOSINGS

7

7

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

AVG/ TOTALS

10

2

0

0

0

0

0

0

0

0

39

45

30

2

0

0

0

0

0

0

0

241

4

3

0

0

0

0

0

0

0

0

20

82

69

68

30

6

0

0

0

0

0

0

0

64

90%

95%

97%

97%

50%

0%

0%

0%

0%

0%

0%

0%

94%

1

3

3

1

0

0

0

0

0

0

0

0

2

Source: FMLS

Source: FMLS

73


Condominiums

2Q 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 9.1% on a year-over-year basis from 11 in Q2 2019 to 10 in Q2 2020. The number of new condo listings in FMLS Area 53 decreased 20.0% on a year-over-year basis from 5 in Q2 2019 to 4 in Q2 2020. The number of condo sales in FMLS Area 53 increased 0.0% on a year-over-year basis from 4 in Q2 2019 to 4 in Q2 2020. The months of inventory for condos in FMLS Area 53 increased 33.3% on a year-over-year basis from 1.5 months in Q2 2019 to 2.0 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

-9.1%

+0.0%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

MEDIAN SALE PRICE

SALES PRICE TO LIST PRICE RATIO

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+99.8% +55.4%

-20.0% +33.3% +100.0% +381.3%

Source: FMLS

74

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0


SUPPLY D YNAMICS 40

40

30

30

20

20

10

10

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 53 decreased 9.1% on a year-over-year basis from 11 in Q2 2019 to 10 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 53 decreased 20.0% on a year-over-year basis from 5 in Q2 2019 to 4 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 53 increased 0.0% on a year-overyear basis from 4 in Q2 2019 to 4 in Q2 2020.

Source: FMLS

75


Townhomes

2Q 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 12.2% on a year-over-year basis from 49 in Q2 2019 to 55 in Q2 2020. The number of new townhome listings in FMLS Area 53 increased 100.0% on a year-overyear basis from 12 in Q2 2019 to 24 in Q2 2020. The number of townhome sales in FMLS Area 53 decreased 83.3% on a year-over-year basis from 12 in Q2 2019 to 2 in Q2 2020. The months of inventory for townhomes in FMLS Area 53 increased 132.7% on a year-over-year basis from 4.1 months in Q2 2019 to 9.5 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

+12.2% -86.3%

MEDIAN SALE PRICE

+7.9%

-0.5%

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+100.0% +132.7% +1.9%

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 | 2 Q 2 0

SALES PRICE TO LIST PRICE RATIO

-80.5%


SUPPLY D YNAMICS 50

50

40

40

30

30

20

20

10

10

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 53 increased 12.2% on a year-over-year basis from 49 in Q2 2019 to 55 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 53 increased 100.0% on a year-over-year basis from 12 in Q2 2019 to 24 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 53 decreased 83.3% on a year-over-year basis from 12 in Q2 2019 to 2 in Q2 2020.

Source: FMLS

77


Single-family

2Q 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 11.6% on a year-over-year basis from 268 in Q2 2019 to 237 in Q2 2020. The number of new single-family listings in FMLS Area 53 decreased 34.8% on a yearover-year basis from 135 in Q2 2019 to 88 in Q2 2020. The number of single-family sales in FMLS Area 53 decreased 20.3% on a year-over-year basis from 79 in Q2 2019 to 63 in Q2 2020. The months of inventory for single-family in FMLS Area 53 increased 20.6% on a year-over-year basis from 3.4 months in Q2 2019 to 4.1 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

-11.6% NUMBER OF NEW LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

MONTHS OF INVENTORY

AVERAGE SALE PRICE

-20.3% +17.9%

SALES PRICE TO LIST PRICE RATIO

+0.4% MEDIAN CUMULATIVE DAYS ON MARKET

-34.8% +20.6% +21.8% -25.6%

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 | 2 Q 2 0


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 53 decreased 11.6% on a year-over-year basis from 268 in Q2 2019 to 237 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 53 decreased 34.8% on a year-over-year basis from 135 in Q2 2019 to 88 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 53 decreased 20.3% on a year-over-year basis from 79 in Q2 2019 to 63 in Q2 2020.

Source: FMLS

79



FMLS

AREA 31

81


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

6

1

0

1

0

0

0

0

0

0

0

27

ANNUAL CLOSINGS

141

19

4

0

0

1

0

0

0

0

0

0

165

MONTHLY CLOSINGS

12

2

0

0

0

0

0

0

0

0

0

0

14

AVERAGE CDOM

44

49

16

0

0

174

0

0

0

0

0

0

44

71%

97%

47%

0%

0%

92%

0%

0%

0%

0%

0%

0%

74%

2

4

3

0

0

0

0

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 31 from April, 1 2020 thru June, 30 2020. $0 $199K

$200K $299K

ACTIVE LISTINGS

120

ANNUAL CLOSINGS

882

MONTHLY CLOSINGS

74

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

126

72

20

3

2

0

0

1

0

0

0

344

540

239

33

5

3

1

1

0

1

0

0

1705

45

20

3

0

0

0

0

0

0

0

0

142

57

58

52

38

9

121

1

2

0

66

0

0

56

91%

94%

92%

96%

49%

97%

93%

101%

0%

89%

0%

0%

92%

2

3

4

7

7

8

0

0

0

0

0

0

2

Source: FMLS

Source: FMLS

83


Condominiums

2Q 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 8.3% on a year-over-year basis from 60 in Q2 2019 to 55 in Q2 2020. The number of new condo listings in FMLS Area 31 decreased 41.7% on a year-over-year basis from 24 in Q2 2019 to 14 in Q2 2020. The number of condo sales in FMLS Area 31 decreased 25.0% on a year-overyear basis from 16 in Q2 2019 to 12 in Q2 2020. The months of inventory for condos in FMLS Area 31 decreased 53.1% on a year-over-year basis from 10.1 months in Q2 2019 to 4.7 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

-8.3% NUMBER OF NEW LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

MONTHS OF INVENTORY

AVERAGE SALE PRICE

-25.0% +17.4%

SALES PRICE TO LIST PRICE RATIO

-3.7% MEDIAN CUMULATIVE DAYS ON MARKET

-41.7% +53.1% +13.6% +114.3%

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 | 2 Q 2 0


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 31 decreased 8.3% on a year-over-year basis from 60 in Q2 2019 to 55 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 31 decreased 41.7% on a year-over-year basis from 24 in Q2 2019 to 14 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 31 decreased 25.0% on a yearover-year basis from 16 in Q2 2019 to 12 in Q2 2020

Source: FMLS

85


Townhomes

2Q 2020

FMLS AREA 31 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 31 increased 26.4% on a year-over-year basis from 121 in Q2 2019 to 153 in Q2 2020. The number of new townhome listings in FMLS Area 31 decreased 19.6% on a year-overyear basis from 56 in Q2 2019 to 45 in Q2 2020. The number of townhome sales in FMLS Area 31 increased 23.3% on a year-over-year basis from 30 in Q2 2019 to 37 in Q2 2020. The months of inventory for townhomes in FMLS Area 31 increased 37.0% on a year-over-year basis from 4.1 months in Q2 2019 to 5.6 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

+26.4% +23.3% +21.8%

-19.6%

+2.0% MEDIAN CUMULATIVE DAYS ON MARKET

+37.0% +18.3% +142.1%

Source: FMLS

86

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 | 2 Q 2 0


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 31 increased 26.4% on a year-over-year basis from 121 in Q22019 to 153 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 31 decreased 19.6% on a year-over-year basis from 56 in Q2 2019 to 45 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 31 increased 23.3% on a year-over-year basis from 30 in Q2 2019 to 37 in Q2 2020.

Source: FMLS

87


Single-Family

2Q 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 12.1% on a year-over-year basis from 2005 in Q2 2019 to 1763 in Q2 2020. The number of new single-family listings in FMLS Area 31 decreased 19.7% on a year-over-year basis from 926 in Q2 2019 to 744 in Q2 2020. The number of single-family sales in FMLS Area 31 decreased 39.6% on a year-over-year basis from 583 in Q2 2019 to 352 in Q2 2020. The months of inventory for townhomes in FMLS Area 31 increased 50.3% on a year-over-year basis from 3.4 months in Q2 2019 to 5.2 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

-12.1% NUMBER OF NEW LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

MONTHS OF INVENTORY

AVERAGE SALE PRICE

-39.6% +16.3%

SALES PRICE TO LIST PRICE RATIO

+0.6% MEDIAN CUMULATIVE DAYS ON MARKET

-19.7% +50.3% +15.1% -16.9%

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 | 2 Q 2 0


SUPPLY D YNAMICS 800

800

700

700

600

600

500

500

400

400

300

300

200

200

100

100

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 31 decreased 12.1% on a year-over-year basis from 2005 in Q2 2019 to 1763 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 31 decreased 19.7% on a year-over-year basis from 926 in Q2 2019 to 744 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 31 decreased 39.6% on a year-over-year basis from 583 in Q2 2019 to 352 in Q2 2020.

Source: FMLS

89



FMLS

AREA 32

91


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

9

3

6

1

0

1

0

0

0

0

0

29

ANNUAL CLOSINGS

51

31

34

7

3

2

0

0

0

0

0

0

128

MONTHLY CLOSINGS

4

3

3

1

0

0

0

0

0

0

0

0

11

AVERAGE CDOM

35

33

28

37

61

5

0

0

0

0

0

0

33

93%

97%

98%

98%

98%

99%

0%

0%

0%

0%

0%

0%

95%

2

3

1

10

4

0

0

0

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 April, 1 2020 thru June, 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

35

29

21

9

8

5

4

1

0

1

0

0

113

ANNUAL CLOSINGS

254

127

112

95

49

20

10

2

1

0

0

0

670

MONTHLY CLOSINGS

21

11

9

8

4

2

1

0

0

0

0

0

56

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

52

55

45

37

26

49

62

8

43

0

0

0

47

91%

96%

97%

99%

98%

99%

96%

99%

98%

0%

0%

0%

95%

2

3

2

1

2

3

5

6

0

0

0

0

2

Source: FMLS

Source: FMLS

93


Condominiums

2Q 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 83.3% on a year-over-year basis from 54 in Q2 2019 to 99 in Q2 2020. The number of new condo listings in FMLS Area 32 decreased 6.5% on a year-over-year basis from 31 in Q2 2019 to 29 in Q2 2020. The number of condo sales in FMLS Area 32 increased 125.0% on a year-over-year basis from 12 in Q2 2019 to 27 in Q2 2020. The months of inventory for condos in FMLS Area 32 decreased 47.8% on a year-over-year basis from 7.1 months in Q2 2019 to 3.7 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

+83.3% +125.0% +37.9%

-6.5%

+2.9% MEDIAN CUMULATIVE DAYS ON MARKET

-47.8% +15.3% +304.8%

Source: FMLS

94

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 | 2 Q 2 0


SUPPLY D YNAMICS 60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 32 increased 83.3% on a year-over-year basis from 54 in Q2 2019 to 99 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 32 decreased 6.5% on a year-over-year basis from 31 in Q2 2019 to 29 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 32 increased 125.0% on a yearover-year basis from 12 in Q2 2019 to 27 in Q2 2020.

Source: FMLS

95


Townhomes

2Q 2020

FMLS AREA 32 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 32 decreased 24.3% on a year-over-year basis from 214 in Q2 2019 to 162 in Q2 2020. The number of new townhome listings in FMLS Area 32 decreased 12.2% on a yearover-year basis from 90 in Q2 2019 to 79 in Q2 2020. The number of townhome sales in FMLS Area 32 decreased 67.0% on a year-over-year basis from 103 in Q2 2019 to 34 in Q2 2020. The months of inventory for townhomes in FMLS Area 32 increased 70.5% on a year-over-year basis from 2.9 months in Q2 2019 to 4.9 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

-24.3%

-67.0%

-28.3%

+1.2%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-12.2% +70.5% -17.5%

Source: FMLS

96

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 | 2 Q 2 0

+15.5%


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 32 decreased 24.3% on a year-over-year basis from 214 in Q2 2019 to 162 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 32 decreased 12.2% on a year-over-year basis from 90 in Q2 2019 to 79 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 32 decreased 67.0% on a year-over-year basis from 103 in Q2 2019 to 34 in Q2 2020.

Source: FMLS

97


Single-family

2Q 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 4.3% on a year-over-year basis from 654 in Q2 2019 to 626 in Q2 2020. The number of new single-family listings in FMLS Area 32 decreased 22.6% on a year-over-year basis from 354 in Q2 2019 to 274 in Q2 2020. The number of single-family sales in FMLS Area 32 decreased 12.9% on a year-over-year basis from 186 in Q2 2019 to 162 in Q2 2020. The months of inventory for single-family in FMLS Area 32 increased 4.5% on a year-over-year basis from 3.7 months in Q2 2019 to 3.9 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-4.3%

-12.9%

+6.2%

-0.3%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-22.6%

+4.5%

Source: FMLS

98

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 | 2 Q 2 0

+7.5%

+81.4%


SUPPLY D YNAMICS 300

300

260

260

220

220

180

180

140

140

100

100

60

60

20

20

-20

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 32 decreased 4.3% on a year-over-year basis from 654 in Q2 2019 to 626 in Q2 2020

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 32 decreased 22.6% on a year-over-year basis from 354 in Q2 2019 to 274 in Q2 2020.

4Q19

1Q20

2Q20

-20

The number of single-family sales in FMLS Area 32 decreased 12.9% on a year-over-year basis from 186 in Q2 2019 to 162 in Q2 2020.

Source: FMLS

99



FMLS

AREA 71

101


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

11

16

7

6

3

1

1

2

5

0

0

57

ANNUAL CLOSINGS

76

109

112

16

8

7

4

2

1

6

0

0

341

MONTHLY CLOSINGS

6

9

9

1

1

1

0

0

0

1

0

0

28

AVERAGE CDOM

41

42

46

96

94

57

72

251

55

69

0

0

50

98%

98%

97%

96%

97%

96%

98%

97%

94%

95%

0%

0%

97%

1

1

2

5

9

5

3

6

24

10

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 April, 1 2020 thru June, 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

7

8

5

2

4

1

7

2

10

2

0

51

ANNUAL CLOSINGS

62

85

38

14

7

10

11

5

4

13

1

0

250

MONTHLY CLOSINGS

5

7

3

1

1

1

1

0

0

1

0

0

21

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

17

51

43

35

27

51

116

100

63

138

364

0

50

92%

96%

99%

94%

97%

95%

89%

86%

88%

89%

81%

0%

94%

1

1

3

4

3

5

1

17

6

9

24

0

2

Source: FMLS

Source: FMLS

103


Condominiums

2Q 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 decreased 3.0% on a year-over-year basis from 101 in Q2 2019 to 98 in Q2 2020. The number of new condo listings in FMLS Area 71 decreased 15.9% on a year-over-year basis from 63 in Q2 2019 to 53 in Q2 2020. The number of condo sales in FMLS Area 71 decreased 43.3% on a year-overyear basis from 60 in Q2 2019 to 34 in Q2 2020. The months of inventory for condos in FMLS Area 71 increased 92.8% on a year-over-year basis from 1.8 months in Q2 2019 to 3.4 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-3.0%

-43.3%

+0.9%

+1.3%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-15.9% +92.8%

Source: FMLS

104

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 | 2 Q 2 0

-4.7%

+58.2%


SUPPLY D YNAMICS 60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 71 decreased 3.0% on a year-over-year basis from 101 in Q2 2019 to 98 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 71 decreased 15.9% on a year-over-year basis from 63 in Q2 2019 to 53 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 71 decreased 43.3% on a yearover-year basis from 60 in Q2 2019 to 34 in Q2 2020.

Source: FMLS

105


Townhomes

2Q 2020

FMLS AREA 71 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 71 decreased 6.1% on a year-over-year basis from 132 in Q2 2019 to 124 in Q2 2020. The number of new townhome listings in FMLS Area 71 decreased 25.0% on a year-overyear basis from 76 in Q2 2019 to 57 in Q2 2020. The number of townhome sales in FMLS Area 71 decreased 11.1% on a year-over-year basis from 54 in Q2 2019 to 48 in Q2 2020. The months of inventory for townhome in FMLS Area 71 increased 7.0% on a year-over-year basis from 2.7 months in Q2 2019 to 2.8 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-6.1%

-11.1%

-5.4%

+2.6%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-25.0%

+7.0%

Source: FMLS

106

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 | 2 Q 2 0

-23.9% +28.0%


SUPPLY D YNAMICS 60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 71 decreased 6.1% on a year-over-year basis from 132 in Q2 2019 to 124 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 71 decreased 25.0% on a year-over-year basis from 76 in Q2 2019 to 57 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 71 decreased 11.1% on a year-over-year basis from 54 in Q2 2019 to 48 in Q2 2020.

Source: FMLS

107


Single-Family

2Q 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 11.7% on a year-over-year basis from 240 in Q2 2019 to 212 in Q2 2020. The number of new single-family listings in FMLS Area 71 decreased 9.1% on a yearover-year basis from 110 in Q2 2019 to 100 in Q2 2020. The number of single-family sales in FMLS Area 71 decreased 39.8% on a year-over-year basis from 83 in Q2 2019 to 50 in Q2 2020. The months of inventory for single-family in FMLS Area 71 increased 92.8% on a year-over-year basis from 2.9 months in Q2 2019 to 5.7 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-11.7%

-39.8%

-14.6%

+2.4%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-9.1%

+92.8%

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 | 2 Q 2 0

-9.8%

+12.1%


SUPPLY D YNAMICS 120

120

90

90

60

60

30

30

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 71 decreased 11.7% on a year-over-year basis from 240 in Q2 2019 to 212 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 71 decreased 9.1% on a year-over-year basis from 110 in Q2 2019 to 100 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 71 decreased 39.8% on a year-over-year basis from 83 in Q2 2019 to 50 in Q2 2020.

Source: FMLS

109



FMLS

AREA 132

111


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

6

6

9

8

1

0

0

0

2

0

0

44

ANNUAL CLOSINGS

34

43

26

25

14

5

0

0

1

2

0

0

150

MONTHLY CLOSINGS

3

4

2

2

1

0

0

0

0

0

0

0

13

AVERAGE CDOM

58

48

39

81

68

55

0

0

7

12

0

0

54

91%

97%

98%

95%

97%

96%

0%

0%

96%

98%

0%

0%

95%

4

2

3

4

7

2

0

0

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 132 from April, 1 2020 thru June, 30 2020. $0 $199K

$200K $299K

$300K $399K

ACTIVE LISTINGS

0

0

0

5

6

ANNUAL CLOSINGS

0

0

3

24

35

MONTHLY CLOSINGS

0

0

0

2

3

3

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

AVG/ TOTALS

9

5

10

10

31

21

3

100

34

43

9

11

72

15

0

246

4

1

1

6

1

0

21

0

0

115

124

84

79

88

114

67

112

82

0

94

0%

0%

83%

91%

97%

96%

94%

97%

96%

92%

92%

0%

94%

-

-

0

3

2

3

1

13

11

5

17

0

5

Source: FMLS

Source: FMLS

113


Condominiums

2Q 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 increased 72.1% on a year-over-year basis from 43 in Q22019 to 74 in Q2 2020. The number of new condo listings in FMLS Area 132 increased 0.0% on a year-over-year basis from 37 in Q2 2019 to 37 in Q2 2020. The number of condo sales in FMLS Area 132 decreased 22.2% on a year-overyear basis from 27 in Q2 2019 to 21 in Q2 2020. The months of inventory for condos in FMLS Area 132 increased 104.4% on a year-over-year basis from 1.9 months in Q2 2019 to 3.9 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

+72.1%

-22.2%

+6.3%

+1.8%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+0.0% +104.4%

Source: FMLS

114

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 | 2 Q 2 0

-9.8%

+60.3%


SUPPLY D YNAMICS 30

30

20

20

10

10

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Area 132 increased 72.1% on a year-over-year basis from 43 in Q22019 to 74 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Area 132 increased 0.0% on a year-over-year basis from 37 in Q2 2019 to 37 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Area 132 decreased 22.2% on a yearover-year basis from 27 in Q2 2019 to 21 in Q2 2020.

Source: FMLS

115


Townhomes

2Q 2020

FMLS AREA 132 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 132 decreased 23.4% on a year-over-year basis from 107 in Q2 2019 to 82 in Q2 2020. The number of new townhome listings in FMLS Area 132 decreased 30.2% on a yearover-year basis from 43 in Q2 2019 to 30 in Q2 2020. The number of townhome sales in FMLS Area 132 decreased 57.1% on a year-over-year basis from 35 in Q2 2019 to 15 in Q2 2020. The months of inventory for townhome in FMLS Area 132 increased 91.9% on a year-over-year basis from 3.1 months in Q2 2019 to 6.0 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

-23.4%

-57.1%

-4.7%

-1.1%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-30.2% +91.9% -17.4%

Source: FMLS

116

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 | 2 Q 2 0

-21.5%


SUPPLY D YNAMICS 50

50

40

40

30

30

20

20

10

10

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 132 decreased 23.4% on a year-over-year basis from 107 in Q2 2019 to 82 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 132 decreased 30.2% on a year-over-year basis from 43 in Q2 2019 to 30 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 132 decreased 57.1% on a year-over-year basis from 35 in Q2 2019 to 15 in Q2 2020.

Source: FMLS

117


Single-Family

2Q 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 26.0% on a year-over-year basis from 558 in Q2 2019 to 413 in Q2 2020. The number of new single-family listings in FMLS Area 132 decreased 38.4% on a year-over-year basis from 185 in Q2 2019 to 114 in Q2 2020. The number of single-family sales in FMLS Area 132 decreased 29.7% on a year-over-year basis from 91 in Q2 2019 to 64 in Q2 2020. The months of inventory for singlefamily in FMLS Area 132 increased 13.8% on a year-over-year basis from 6.2 months in Q2 2019 to 7.0 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-26.0%

-29.7%

+4.8%

+3.0%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-38.4% +13.8%

Source: FMLS

118

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 | 2 Q 2 0

+1.4%

+3.4%


SUPPLY D YNAMICS 200

200

150

150

100

100

50

50

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 132 decreased 26.0% on a year-over-year basis from 558 in Q2 2019 to 413 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 132 decreased 38.4% on a year-over-year basis from 185 in Q2 2019 to 114 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 132 decreased 29.7% on a year-over-year basis from 91 in Q2 2019 to 64 in Q2 2020.

Source: FMLS

119



FMLS

AREA 131

121


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

52

24

12

15

3

3

0

0

0

0

0

0

109

ANNUAL CLOSINGS

301

126

65

38

7

3

0

0

0

0

0

0

540

MONTHLY CLOSINGS

25

11

5

3

1

0

0

0

0

0

0

0

45

AVERAGE CDOM

28

47

68

88

32

55

0

0

0

0

0

0

45

96%

97%

96%

96%

98%

97%

0%

0%

0%

0%

0%

0%

96%

2

2

2

5

5

12

0

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 Areas 131 from April, 1 2020 thru June, 30 2020. $0 $199K

$200K $299K

ACTIVE LISTINGS

0

0

ANNUAL CLOSINGS

1

1

MONTHLY CLOSINGS

0

0

3

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

4

7

17

23

31

90

89

49

8

7

4

3

AVG/ TOTALS

6

6

14

16

6

0

99

31

21

11

26

1

0

351

2

1

2

0

0

29

0

1

67

58

61

94

62

74

28

86

124

0

68

37%

50%

93%

94%

97%

94%

95%

97%

96%

95%

87%

0%

95%

0

0

2

1

2

6

2

3

15

7

72

0

3

Source: FMLS

Source: FMLS

123


Condominiums

2Q 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 25.1% on a year-over-year basis from 211 in Q2 2019 to 264 in Q2 2020. The number of new condo listings in FMLS Areas 131 decreased 6.4% on a year-over-year basis from 140 in Q2 2019 to 131 in Q2 2020. The number of condo sales in FMLS Areas 131 decreased 48.0% on a year-over-year basis from 102 in Q2 2019 to 53 in Q2 2020. The months of inventory for condos in FMLS Areas 131 increased 142.4% on a year-over-year basis from 2.1 months in Q2 2019 to 5.2 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

+25.1% -48.0% +10.7%

-6.4%

-0.3% MEDIAN CUMULATIVE DAYS ON MARKET

+142.4% +22.5% +137.5%

Source: FMLS

124

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 | 2 Q 2 0


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Areas 131 increased 25.1% on a year-over-year basis from 211 in Q2 2019 to 264 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Areas 131 decreased 6.4% on a year-over-year basis from 140 in Q2 2019 to 131 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Areas 131 decreased 48.0% on a yearover-year basis from 102 in Q2 2019 to 53 in Q2 2020.

Source: FMLS

125


Townhomes

2Q 2020

FMLS AREA 131 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Areas 131 decreased 22.5% on a year-over-year basis from 236 in Q2 2019 to 183 in Q2 2020. The number of new townhome listings in FMLS Areas 131 decreased 40.7% on a yearover-year basis from 123 in Q2 2019 to 73 in Q2 2020. The number of townhome sales in FMLS Areas 131 decreased 51.1% on a year-over-year basis from 90 in Q2 2019 to 44 in Q2 2020. The months of inventory for townhomes in FMLS Areas 131 increased 91.4% on a year-over-year basis from 2.7 months in Q2 2019 to 5.2 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-22.5%

-51.1%

-16.2%

-2.1%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-40.7% +91.4%

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 | 2 Q 2 0

+0.9% +100.0%


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Areas 131 decreased 22.5% on a year-over-year basis from 236 in Q2 2019 to 183 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Areas 131 decreased 40.7% on a year-over-year basis from 123 in Q2 2019 to 73 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Areas 131 decreased 51.1% on a year-over-year basis from 90 in Q2 2019 to 44 in Q2 2020.

Source: FMLS

127


Single-family

2Q 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 decreased 124.8% on a year-over-year basis from 576 in Q2 2019 to 433 in Q2 2020. The number of new single-family listings in FMLS Areas 131 decreased 28.4% on a year-over-year basis from 225 in Q2 2019 to 161 in Q2 2020. The number of single-family sales in FMLS Areas 131 decreased 29.8% on a year-over-year basis from 124 in Q2 2019 to 87 in Q2 2020. The months of inventory for single-family in FMLS Areas 131 decreased 7.8% on a year-over-year basis from 4.7 months in Q2 2019 to 5.0 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-24.8%

-29.8%

-4.9%

+0.3%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-28.4%

-7.8%

Source: FMLS

128

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 | 2 Q 2 0

-6.4%

-17.9%


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Areas 131 decreased 124.8% on a year-over-year basis from 576 in Q2 2019 to 433 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Areas 131 decreased 28.4% on a year-over-year basis from 225 in Q2 2019 to 161 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Areas 131 decreased 29.8% on a year-over-year basis from 124 in Q2 2019 to 87 in Q2 2020.

Source: FMLS

129



FMLS

AREA 121

131


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

16

21

15

4

6

0

0

0

0

0

0

0

62

ANNUAL CLOSINGS

51

110

43

19

7

0

0

0

0

0

0

0

230

MONTHLY CLOSINGS

4

9

4

2

1

0

0

0

0

0

0

0

19

AVERAGE CDOM

27

58

53

78

24

0

0

0

0

0

0

0

55

64%

96%

97%

96%

49%

0%

0%

0%

0%

0%

0%

0%

88%

4

2

4

3

10

0

0

0

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 Areas 121 from April, 1 2020 thru June, 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

1

8

27

27

17

16

7

7

16

2

0

128

ANNUAL CLOSINGS

2

12

89

162

119

74

37

11

4

16

0

0

526

MONTHLY CLOSINGS

0

1

7

14

10

6

3

1

0

1

0

0

44

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

20

51

55

64

54

67

40

60

143

74

0

0

60

33%

86%

92%

95%

96%

96%

97%

91%

97%

92%

0%

0%

94%

0

1

1

2

3

3

5

8

21

12

0

0

3

Source: FMLS

Source: FMLS

133


Condominiums

2Q 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 30.7% on a year-over-year basis from 114 in Q2 2019 to 149 in Q2 2020. The number of new condo listings in FMLS Areas 121 decreased 16.7% on a year-over-year basis from 72 in Q2 2019 to 60 in Q2 2020. The number of condo sales in FMLS Areas 121 decreased 34.5% on a year-over-year basis from 58 in Q2 2019 to 38 in Q2 2020. The months of inventory for condos in FMLS Areas 121 increased 103.5% on a year-over-year basis from 2.0 months in Q2 2019 to 4.0 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

+30.7% -34.5% +10.1%

-16.7% +103.5% +4.2%

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 | 2 Q 2 0

SALES PRICE TO LIST PRICE RATIO

-0.3% MEDIAN CUMULATIVE DAYS ON MARKET

+59.5%


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Areas 121 increased 30.7% on a year-over-year basis from 114 in Q2 2019 to 149 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Areas 121 decreased 16.7% on a year-over-year basis from 72 in Q2 2019 to 60 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Areas 121 decreased 34.5% on a yearover-year basis from 58 in Q2 2019 to 38 in Q2 2020.

Source: FMLS

135


Townhomes

2Q 2020

FMLS AREA 121 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Areas 121 decreased 43.1% on a year-over-year basis from 123 in Q2 2019 to 70 in Q2 2020. The number of new townhome listings in FMLS Areas 121 decreased 40.0% on a yearover-year basis from 55 in Q2 2019 to 33 in Q2 2020. The number of townhome sales in FMLS Areas 121 decreased 25.0% on a year-over-year basis from 32 in Q2 2019 to 24 in Q2 2020. The months of inventory for townhomes in FMLS Areas 121 decreased 25.2% on a year-over-year basis from 4.0 months in Q2 2019 to 3.0 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-46.1%

-25.0%

-6.8%

-0.3%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-40.0%

-25.2%

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 | 2 Q 2 0

-3.0%

-36.6%


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Areas 121 decreased 43.1% on a year-over-year basis from 123 in Q2 2019 to 70 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Areas 121 decreased 40.0% on a year-over-year basis from 55 in Q2 2019 to 33 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Areas 121 decreased 25.0% on a year-over-year basis from 32 in Q2 2019 to 24 in Q2 2020.

Source: FMLS

137


Single-family

2Q 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 decreased 12.5% on a year-over-year basis from 617 in Q2 2019 to 540 in Q2 2020. The number of new single-family listings in FMLS Areas 121 decreased 23.5% on a year-over-year basis from 298 in Q2 2019 to 228 in Q2 2020. The number of single-family sales in FMLS Areas 121 decreased 26.2% on a year-over-year basis from 191 in Q2 2019 to 141 in Q2 2020. The months of inventory for single-family in FMLS Areas 121 increased 16.4% on a year-over-year basis from 3.4 months in Q2 2019 to 4.0 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-12.5%

-26.2%

-1.6%

-0.3%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-23.5% +16.4%

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 | 2 Q 2 0

-0.4%

-1.1%


SUPPLY D YNAMICS 300

100

80

225

60 150 40

75

0

20

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Areas 121 decreased 12.5% on a year-over-year basis from 617 in Q2 2019 to 540 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Areas 121 decreased 23.5% on a year-over-year basis from 298 in Q2 2019 to 228 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Areas 121 decreased 26.2% on a year-over-year basis from 191 in Q2 2019 to 141 in Q2 2020.

Source: FMLS

139



FMLS

AREA 61-62

141


Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

24

60

69

23

2

0

0

0

0

0

0

0

178

ANNUAL CLOSINGS

313

349

228

50

5

0

0

0

0

0

0

0

945

MONTHLY CLOSINGS

26

29

19

4

0

0

0

0

0

0

0

0

79

AVERAGE CDOM

44

37

74

133

278

0

0

0

0

0

0

0

48

88%

98%

99%

100%

96%

0%

0%

0%

0%

0%

0%

0%

95%

1

2

4

6

5

0

6

12

6

13

53

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 Areas 61-62 from April, 1 2020 thru June, 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

21

90

160

135

56

47

28

22

14

65

22

0

660

ANNUAL CLOSINGS

233

1376

1180

542

225

83

52

22

27

59

5

0

3804

MONTHLY CLOSINGS

19

115

98

45

19

7

4

2

2

5

0

0

317

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

28

32

60

75

105

96

144

110

174

159

158

0

57

89%

97%

95%

97%

96%

95%

94%

95%

91%

92%

93%

0%

95%

1

1

2

3

3

7

6

12

6

13

53

0

2

Source: FMLS

Source: FMLS

143


Condominiums

2Q 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 33.3% on a year-over-year basis from 66 in Q2 2019 to 88 in Q2 2020. The number of new condo listings in FMLS Areas 61-62 increased 8.9% on a year-over-year basis from 45 in Q2 2019 to 49 in Q2 2020. The number of condo sales in FMLS Areas 61-62 decreased 32.4% on a year-over-year basis from 37 in Q2 2019 to 25 in Q2 2020. The months of inventory for condos in FMLS Areas 61-62 increased 108.4% on a year-over-year basis from 2.0 months in Q2 2019 to 4.1 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

+33.3% NUMBER OF NEW LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

MONTHS OF INVENTORY

AVERAGE SALE PRICE

-32.4% +18.4%

SALES PRICE TO LIST PRICE RATIO

-1.2% MEDIAN CUMULATIVE DAYS ON MARKET

+8.9% +108.4% +12.1% -19.0%

Source: FMLS

144

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Areas 61-62 increased 33.3% on a year-over-year basis from 66 in Q2 2019 to 88 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Areas 61-62 increased 8.9% on a year-over-year basis from 45 in Q2 2019 to 49 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Areas 61-62 decreased 32.4% on a year-over-year basis from 37 in Q2 2019 to 25 in Q2 2020.

Source: FMLS

145


Townhomes

2Q 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 20.6% on a year-over-year basis from 442 in Q2 2019 to 533 in Q2 2020. The number of new townhome listings in FMLS Areas 61-62 decreased 5.1% on a year-over-year basis from 295 in Q2 2019 to 280 in Q2 2020. The number of townhome sales in FMLS Areas 6162 decreased 5.4% on a year-over-year basis from 185 in Q2 2019 to 175 in Q2 2020. The months of inventory for townhomes in FMLS Areas 61-62 decreased 31.1% on a year-over-year basis from 2.4 months in Q2 2019 to 3.2 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

+20.6%

-5.4%

+18.4%

+1.0%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-5.1%

-31.1% +16.1%

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 | 2 Q 2 0

+6.7%


SUPPLY D YNAMICS 200

200

160

160

120

120

80

80

40

40

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Areas 61-62 increased 20.6% on a year-over-year basis from 442 in Q2 2019 to 533 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Areas 61-62 decreased 5.1%a on a year-over-year basis from 295 in Q2 2019 to 280 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Areas 61-62 decreased 5.4% on a year-over-year basis from 185 in Q2 2019 to 175 in Q2 2020.

Source: FMLS

147


Single-family

2Q 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 decreased 19.5% on a year-over-year basis from 3446 in Q2 2019 to 2775 in Q2 2020. The number of new single-family listings in FMLS Areas 61-62 decreased 16.4% on a year-over-year basis from 1737 in Q2 2019 to 1452 in Q2 2020. The number of single-family sales in FMLS Areas 61-62 decreased 20.2% on a year-over-year basis from 1152 in Q2 2019 to 919 in Q2 2020. The months of inventory for single-family in FMLS Areas 61-62 increased 9.7% on a year-over-year basis from 3.0 months in Q2 2019 to 3.3 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

-19.5% -20.2%

-16.4%

+9.7%

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 | 2 Q 2 0

MEDIAN SALE PRICE

SALES PRICE TO LIST PRICE RATIO

+2.7%

+0.4%

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+5.1%

-5.4%


SUPPLY D YNAMICS 1000

1000

900

900

800

800

700

700

600

600

500

500

400

400

300

300

200

200

100

100

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Areas 61-62 decreased 19.5% on a year-over-year basis from 3446 in Q2 2019 to 2775 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Areas 61-62 decreased 16.4% on a year-over-year basis from 1737 in Q2 2019 to 1452 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Areas 61-62 decreased 20.2% on a year-over-year basis from 1152 in Q2 2019 to 919 in Q2 2020.

Source: FMLS

149



FMLS

AREA 72-75

151


Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

32

71

77

56

16

8

0

0

0

0

0

0

260

ANNUAL CLOSINGS

653

639

298

94

16

3

0

0

0

0

0

0

1703

MONTHLY CLOSINGS

54

53

25

8

1

0

0

0

0

0

0

0

142

AVERAGE CDOM

31

54

74

106

184

183

0

0

0

0

0

0

49

96%

97%

100%

98%

99%

96%

0%

0%

0%

0%

0%

0%

97%

1

1

3

7

12

32

0

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 Areas 72-75 from April, 1 2020 thru June, 30 2020. CATEGORY ACTIVE LISTINGS ANNUAL CLOSINGS MONTHLY CLOSINGS AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

$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

50

146

173

170

110

73

45

17

8

37

3

0

832

1104

2380

1481

785

375

135

53

31

14

32

0

1

6391

92

198

123

65

31

11

4

3

1

3

0

0

533

32

35

56

67

84

105

84

76

98

142

0

234

47

95%

97%

98%

97%

87%

98%

96%

95%

95%

89%

0%

97%

96%

1

1

1

3

4

6

10

7

7

14

0

0

2

Source: FMLS

Source: FMLS

153


Condominiums

2Q 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 decreased 26.3% on a year-over-year basis from 224 in Q2 2019 to 165 in Q2 2020. The number of new condo listings in FMLS Areas 72-75 decreased 23.5% on a yearover-year basis from 166 in Q2 2019 to 127 in Q2 2020. The number of condo sales in FMLS Areas 72-75 decreased 36.0% on a year-over-year basis from 139 in Q2 2019 to 89 in Q2 2020. The months of inventory for condos in FMLS Areas 72-75 increased 16.2% on a year-over-year basis from 1.8 months in Q2 2019 to 2.0 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-26.3%

-36.0%

+0.5%

+1.4%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-23.5% +16.2%

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 | 2 Q 2 0

-0.2%

-40.0%


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Areas 72-75 decreased 26.3% on a year-over-year basis from 224 in Q2 2019 to 165 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Areas 72-75 decreased 23.5% on a year-over-year basis from 166 in Q2 2019 to 127 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Areas 72-75 decreased 36.0% on a year-over-year basis from 139 in Q2 2019 to 89 in Q2 2020.

Source: FMLS

155


Townhomes

2Q 2020

FMLS AREA 72-75 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Areas 72-75 decreased 0.2% on a year-over-year basis from 810 in Q2 2019 to 808 in Q2 2020. The number of new townhome listings in FMLS Areas 72-75 decreased 3.8% on a year-over-year basis from 475 in Q2 2019 to 457 in Q2 2020. The number of townhome sales in FMLS Areas 72-75 decreased 24.5% on a year-over-year basis from 380 in Q2 2019 to 287 in Q2 2020. The months of inventory for townhomes in FMLS Areas 72-75 increased 38.2% on a year-over-year basis from 2.2 months in Q2 2019 to 3.0 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

-0.2% NUMBER OF NEW LISTINGS

-3.8%

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

MONTHS OF INVENTORY

AVERAGE SALE PRICE

-24.5% +17.6%

+38.2%

Source: FMLS

156

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

+2.2%

SALES PRICE TO LIST PRICE RATIO

+0.0% MEDIAN CUMULATIVE DAYS ON MARKET

+45.7%


SUPPLY D YNAMICS 300

300

260

260

220

220

180

180

140

140

100

100

60

60

20

20

-20

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Areas 72-75 decreased 0.2% on a year-over-year basis from 810 in Q2 2019 to 808 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Areas 72-75 decreased 3.8% on a year-over-year basis from 475 in Q2 2019 to 457 in Q2 2020.

4Q19

1Q20

2Q20

-20

The number of townhome sales in FMLS Areas 72-75 decreased 24.5% on a year-over-year basis from 380 in Q2 2019 to 287 in Q2 2020

Source: FMLS

157


Single-family

2Q 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 decreased 16.9% on a year-over-year basis from 4362 in Q2 2019 to 3624 in Q2 2020. The number of new single-family listings in FMLS Areas 72-75 decreased 18.2% on a year-over-year basis from 2721 in Q2 2019 to 2225 in Q2 2020. The number of single-family sales in FMLS Areas 72-75 decreased 20.2% on a year-over-year basis from 2005 in Q2 2019 to 1600 in Q2 2020. The months of inventory for single-family in FMLS Areas 72-75 increased 6.9% on a year-over-year basis from 2.2 months in Q2 2019 to 2.3 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-16.9%

-20.2%

+9.4%

+0.0%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-18.2%

+6.9%

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 | 2 Q 2 0

+6.1%

-4.8%


SUPPLY D YNAMICS 1400

1400

1200

1200

1000

1000

800

800

600

600

400

400

200

200

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Areas 72-75 decreased 16.9% on a year-over-year basis from 4362 in Q2 2019 to 3624 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Areas 72-75 decreased 18.2% on a year-over-year basis from 2721 in Q2 2019 to 2225 in Q2 2020

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Areas 72-75 decreased 20.2% on a year-over-year basis from 2005 in Q2 2019 to 1600 in Q2 2020.

Source: FMLS

159



FMLS

AREA 81-83

161


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

20

18

21

18

10

7

1

2

3

0

0

0

100

ANNUAL CLOSINGS

234

121

61

27

11

9

3

4

1

0

0

0

471

MONTHLY CLOSINGS

20

10

5

2

1

1

0

0

0

0

0

0

39

AVERAGE CDOM

34

37

80

109

46

60

203

35

42

0

0

0

47

90%

98%

97%

96%

97%

101%

100%

103%

100%

0%

0%

0%

94%

1

2

4

8

11

9

4

6

36

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 Areas 81-83 from April, 1 2020 thru June, 30 2020. CATEGORY ACTIVE LISTINGS

$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

0

56

114

88

84

54

35

33

14

67

11

1

557

ANNUAL CLOSINGS

128

779

808

438

237

159

108

57

30

62

5

0

2811

MONTHLY CLOSINGS

11

65

67

37

20

13

9

5

3

5

0

0

234

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

17

46

48

57

65

72

81

95

203

198

54

0

56

95%

95%

96%

89%

97%

97%

96%

96%

96%

90%

97%

0%

94%

0

1

2

2

4

4

4

7

6

13

26

0

2

Source: FMLS

Source: FMLS

163


Condominiums

2Q 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 2.9% on a year-over-year basis from 173 in Q2 2019 to 168 in Q2 2020. The number of new condo listings in FMLS Areas 81-83 decreased 29.0% on a year-overyear basis from 123 in Q2 2019 to 88 in Q2 2020. The number of condo sales in FMLS Areas 81-83 decreased 51.9% on a year-over-year basis from 81 in Q2 2019 to 39 in Q2 2020. The months of inventory for condos in FMLS Areas 81-83 increased 112.1% on a year-over-year basis from 2.1 months in Q2 2019 to 4.6 months in Q2 2020.

MARK E T AC TIV ITY D ASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

-2.9% NUMBER OF NEW LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

MONTHS OF INVENTORY

AVERAGE SALE PRICE

-51.9% +20.8%

SALES PRICE TO LIST PRICE RATIO

-0.1% MEDIAN CUMULATIVE DAYS ON MARKET

-29.0% +112.1% +11.7% +156.8%

Source: FMLS

164

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active condo listings in FMLS Areas 81-83 decreased 2.9% on a year-over-year basis from 173 in Q2 2019 to 168 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new condo listings in FMLS Areas 81-83 decreased 29.0% on a year-over-year basis from 123 in Q2 2019 to 88 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of condo sales in FMLS Areas 81-83 decreased 51.9% on a year-over-year basis from 81 in Q2 2019 to 39 in Q2 2020.

Source: FMLS

165


Townhomes

2Q 2020

FMLS AREA 81-83 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Areas 81-83 increased 3.9% on a year-over-year basis from 179 in Q2 2019 to 186 in Q2 2020. The number of new townhome listings in FMLS Areas 81-83 decreased 24.5% on a year-over-year basis from 110 in Q2 2019 to 83 in Q2 2020. The number of townhome sales in FMLS Areas 8183 decreased 21.1% on a year-over-year basis from 71 in Q2 2019 to 56 in Q2 2020. The months of inventory for townhomes in FMLS Areas 81-83 increased 28.0% on a year-over-year basis from 2.6 months in Q2 2019 to 3.3 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

SALES PRICE TO LIST PRICE RATIO

+3.9%

-21.1%

+2.3%

+1.0%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-24.5% +28.0% +15.1% -17.2%

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 | 2 Q 2 0


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Areas 81-83 increased 3.9% on a year-over-year basis from 179 in Q2 2019 to 186 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Areas 81-83 decreased 24.5% on a year-over-year basis from 110 in Q2 2019 to 83 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Areas 81-83 decreased 21.1% on a year-over-year basis from 71 in Q2 2019 to 56 in Q2 2020.

Source: FMLS

167


Single-family

2Q 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 decreased 23.1% on a year-over-year basis from 2774 in Q2 2019 to 2133 in Q2 2020. The number of new single-family listings in FMLS Areas 81-83 decreased 25.2% on a year-over-year basis from 1525 in Q2 2019 to 1141 in Q2 2020. The number of single-family sales in FMLS Areas 81-83 decreased 28.7% on a year-over-year basis from 959 in Q2 2019 to 684 in Q2 2020. The months of inventory for single-family in FMLS Areas 81-83 increased 13.6% on a year-over-year basis from 2.9 months in Q2 2019 to 3.3 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-23.1%

-28.7%

+0.8%

+0.7%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-25.2% +13.6%

Source: FMLS

168

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 | 2 Q 2 0

-0.7%

-15.9%


SUPPLY D YNAMICS 1000

1000

900

900

800

800

700

700

600

600

500

500

400

400

300

300

200

200

100

100

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Areas 81-83 decreased 23.1% on a year-over-year basis from 2774 in Q2 2019 to 2133 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Areas 81-83 decreased 25.2% on a year-over-year basis from 1525 in Q2 2019 to 1141 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Areas 81-83 decreased 28.7% on a year-over-year basis from 959 in Q2 2019 to 684 in Q2 2020.

Source: FMLS

169



FMLS

AREA 13

171


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

13

23

34

21

14

3

3

3

1

2

0

0

117

ANNUAL CLOSINGS

114

226

151

59

39

16

3

5

4

5

0

0

622

MONTHLY CLOSINGS

10

19

13

5

3

1

0

0

0

0

0

0

52

AVERAGE CDOM

22

34

53

56

55

48

48

85

10

9

0

0

40

93%

98%

98%

88%

97%

99%

97%

97%

98%

95%

0%

0%

96%

1

1

3

4

4

2

12

7

3

5

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 13 from April, 1 2020 thru June, 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

11

41

48

33

33

29

14

22

62

17

2

313

ANNUAL CLOSINGS

6

117

380

348

235

166

97

72

35

80

9

0

1545

MONTHLY CLOSINGS

1

10

32

29

20

14

8

6

3

7

1

0

129

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

11

37

54

54

62

54

81

83

73

111

139

0

61

69%

95%

96%

97%

97%

96%

95%

96%

95%

94%

88%

0%

96%

2

1

1

2

2

2

4

2

8

9

23

0

2

Source: FMLS

Source: FMLS

173


Townhomes

2Q 2020

FMLS AREA 13 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 13 increased 11.8% on a year-over-year basis fro, 527 in Q2 2019 to 589 in Q2 2020. The number of new townhome listings in FMLS Area 13 decreased 15.2% on a year-overyear basis from 244 in Q2 2019 to 207 in Q2 2020. The number of townhome sales in FMLS Area 13 decreased 34.1% on a year-over-year basis from 205 in Q2 2019 to 135 in Q2 2020. The months of inventory for townhome in FMLS Area 13 increased 71.9% on a year-over-year basis from 2.6 months in Q2 2019 to 4.4 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

MEDIAN SALE PRICE

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

+11.8% -34.1% +11.3%

-15.2% +71.9%

Source: FMLS

174

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

+6.6%

SALES PRICE TO LIST PRICE RATIO

+2.0% MEDIAN CUMULATIVE DAYS ON MARKET

+24.6%


SUPPLY D YNAMICS 250

250

200

200

150

150

100

100

50

50

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 13 increased 11.8% on a year-over-year basis fro, 527 in Q2 2019 to 589 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 13 decreased 15.2% on a year-over-year basis from 244 in Q2 2019 to 207 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 13 decreased 34.1% on a year-over-year basis from 205 in Q2 2019 to 135 in Q2 2020.

Source: FMLS

175


Single-Family

2Q 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 22.9% on a year-over-year basis from 2130 in Q2 2019 to 1643 in Q2 2020. The number of new single-family listings in FMLS Area 13 decreased 22.7% on a year-over-year basis from 938 in Q2 2019 to 725 in Q2 2020. The number of single-family sales in FMLS Area 13 decreased 21.3% on a year-over-year basis from 553 in Q2 2019 to 435 in Q2 2020. The months of inventory for single-family in FMLS Area 13 increased 3.3% on a year-over-year basis from 3.9 months in Q2 2019 to 4.0 months in Q2 2020.

M ARK E T AC TIV ITY D ASHBOARD | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

SALES PRICE TO LIST PRICE RATIO

-22.9%

-21.3%

+0.8%

+1.7%

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-22.7%

+3.3%

Source: FMLS

176

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 | 2 Q 2 0

-1.8%

+1.6%


SUPPLY D YNAMICS 800

800

600

600

400

400

200

200

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 13 decreased 22.9% on a year-over-year basis from 2130 in Q2 2019 to 1643 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 13 decreased 22.7% on a year-over-year basis from 938 in Q2 2019 to 725 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 13 decreased 21.3% on a year-over-year basis from 553 in Q2 2019 to 435 in Q2 2020.

Source: FMLS

177



FMLS

AREA 14

179


FMLS Area 21 Overview

2Q 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 | 2 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 April, 1 2020 thru June, 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

8

25

7

3

2

1

0

0

0

0

0

49

ANNUAL CLOSINGS

64

159

67

34

6

2

0

0

0

0

0

0

332

MONTHLY CLOSINGS

5

13

6

3

1

0

0

0

0

0

0

0

28

AVERAGE CDOM

27

42

51

60

155

55

0

0

0

0

0

0

46

66%

92%

97%

97%

96%

95%

0%

0%

0%

0%

0%

0%

89%

1

1

4

2

6

12

0

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 April, 1 2020 thru June, 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

5

56

93

73

41

19

15

20

47

13

0

382

ANNUAL CLOSINGS

9

180

530

404

285

153

64

42

18

39

2

0

1726

MONTHLY CLOSINGS

1

15

44

34

24

13

5

4

2

3

0

0

144

AVERAGE CDOM SP/OLP MONTHS OF INVENTORY

10

39

56

64

62

63

83

98

118

184

161

0

64

96%

96%

95%

80%

97%

96%

96%

95%

93%

91%

83%

0%

92%

0

0

1

3

3

3

4

4

13

14

78

0

3

Source: FMLS

Source: FMLS

181


Townhomes

2Q 2020

FMLS AREA 14 SU MMARY OF TOWNHOME MARKET ACT IVIT Y The number of active townhome listings in FMLS Area 14 decreased 25.2% on a year-over-year basis from 258 in Q2 2019 to 193 in Q2 2020. The number of new townhome listings in FMLS Area 14 decreased 29.4% on a year-overyear basis from 119 in Q2 2019 to 84 in Q2 2020. The number of townhome sales in FMLS Area 14 decreased 27.0% on a year-over-year basis from 74 in Q2 2019 to 54 in Q2 2020. The months of inventory for townhome in FMLS Area 14 increased 0.1% on a year-over-year basis from 3.9 months in Q2 2019 to 3.9 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

-25.2% -27.0%

-29.4%

+0.1%

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 | 2 Q 2 0

MEDIAN SALE PRICE

SALES PRICE TO LIST PRICE RATIO

+1.6%

+1.5%

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

+5.3%

+78.1%


SUPPLY D YNAMICS 100

100

80

80

60

60

40

40

20

20

0

1Q18

2Q18

3Q18

The number of active townhome listings in FMLS Area 14 decreased 25.2% on a year-over-year basis from 258 in Q2 2019 to 193 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new townhome listings in FMLS Area 14 decreased 29.4% on a year-over-year basis from 119 in Q2 2019 to 84 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of townhome sales in FMLS Area 14 decreased 27.0% on a year-over-year basis from 74 in Q2 2019 to 54 in Q2 2020.

Source: FMLS

183


Single-Family

2Q 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 28.7% on a year-over-year basis from 2118 in Q2 2019 to 1510 in Q2 2020. The number of new single-family listings in FMLS Area 14 decreased 31.0% on a year-over-year basis from 1035 in Q2 2019 to 714 in Q2 2020. The number of single-family sales in FMLS Area 14 decreased 30.5% on a year-over-year basis from 604 in Q2 2019 to 420 in Q2 2020. The months of inventory for single-family in FMLS Area 14 increased 4.2% on a year-over-year basis from 3.5 months in Q2 2019 to 3.7 months in Q2 2020.

MARK E T AC TIV ITY DASHB OAR D | Q2 2020 vs Q2 2019

NUMBER OF ACTIVE LISTINGS

NUMBER OF CLOSINGS

NUMBER OF NEW LISTINGS

MONTHS OF INVENTORY

-28.7% -30.5%

-31.0%

+4.2%

Source: FMLS

184

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

MEDIAN SALE PRICE

SALES PRICE TO LIST PRICE RATIO

-0.8%

+2.2%

AVERAGE SALE PRICE

MEDIAN CUMULATIVE DAYS ON MARKET

-1.8%

+14.0%


SUPPLY D YNAMICS 800

800

600

600

400

400

200

200

0

1Q18

2Q18

3Q18

The number of active single-family listings in FMLS Area 14 decreased 28.7% on a year-over-year basis from 2118 in Q2 2019 to 1510 in Q2 2020.

4Q18

1Q19

2Q19

3Q19

The number of new single-family listings in FMLS Area 14 decreased 31.0% on a year-over-year basis from 1035 in Q2 2019 to 714 in Q2 2020.

4Q19

1Q20

2Q20

0

The number of single-family sales in FMLS Area 14 decreased 30.5% on a year-over-year basis from 604 in Q2 2019 to 420 in Q2 2020.

Source: FMLS

185


Single Family Homes Inside the Perimeter

187

Outside the Perimeter

203

Condominiums

Inside the Perimeter

215

Outside the Perimeter

219

Townhomes

Inside the Perimeter

223

Outside the Perimeter

229

Source: 4/1/2020 – 6/31/2020 provided by FMLS

186

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0


S I N G L E FA M I LY H O M E S

INSIDE THE PERIMETER

Source: 4/1/2020 – 6/31/2020 provided by FMLS

187


Single Family Homes

Inside the Perimeter

ANSLEY PARK / SHERWOOD FOREST HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

$1,100,000

11

7.2

$

88

9.6

BROOKHAVEN HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

176 Source: 4/1/2020 – 6/31/2020 provided by FMLS

188

3.0

$639,000

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

11


BROOKWOOD HILLS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

4.3

$786,200

3

$

52

9.6

BUCKHEAD HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

269

5.8

$925,000 $

20

Source: 4/1/2020 – 6/31/2020 provided by FMLS

189


Single Family Homes

Inside the Perimeter

CABBAGETOWN HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

1.6

$625,000

5

$

40

9.6

CHAMBLEE HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

40 Source: 4/1/2020 – 6/31/2020 provided by FMLS

190

2.0

$356,250

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

10


CHASTAIN PARK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

6.3

$951,500

19

$

COLLEGE PARK HOMES SOLD

MEDIAN CLOSED SALES PRICE

49

9.6

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

15

4.5

$354,900 $

15

Source: 4/1/2020 – 6/31/2020 provided by FMLS

191


Single Family Homes

Inside the Perimeter

COLLIER HILLS/ ARDMORE HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.5

$750,000

11

$

11

9.6

DECATUR HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

71 Source: 4/1/2020 – 6/31/2020 provided by FMLS

192

3.0

$579,000

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

13


DRUID HILLS / EMORY HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

5.0

$720,000

29

$

EAST ATLANTA HOMES SOLD

MEDIAN CLOSED SALES PRICE

18

9.6

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

38

1.4

$436,750 $

11

Source: 4/1/2020 – 6/31/2020 provided by FMLS

193


Single Family Homes

Inside the Perimeter

EAST LAKE HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.6

$557,760

23

$

17

9.6

EAST POINT HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

46 Source: 4/1/2020 – 6/31/2020 provided by FMLS

194

3.2

$185,250

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

21


EDGEWOOD HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

3.6

$430,000

33

$

13

9.6

GARDEN HILLS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

11

5.0

$813,500 $

26

Source: 4/1/2020 – 6/31/2020 provided by FMLS

195


Single Family Homes

Inside the Perimeter

GRANT PARK / GLENWOOD PARK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.6

$478,500

32

$

10

9.6

HAPEVILLE / THOMASVILLE HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

17 Source: 4/1/2020 – 6/31/2020 provided by FMLS

196

3.9

$229,000

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

13


INMAN PARK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

1.9

$700,000

3

$

6

9.6

KIRKWOOD HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

57

2.0

$510,000 $

8

Source: 4/1/2020 – 6/31/2020 provided by FMLS

197


Single Family Homes

Inside the Perimeter

LAKE CLAIRE / LITTLE FIVE POINTS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.1

$679,500

21

$

4

9.6

OAKHURST HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

18 Source: 4/1/2020 – 6/31/2020 provided by FMLS

198

1.9

$589,500

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

6


OLD FOURTH WARD HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

4.4

$497,350

14

20

$

9.6

ORMEWOOD PARK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

17

1.4

$455,000 $

4

Source: 4/1/2020 – 6/31/2020 provided by FMLS

199


Single Family Homes

Inside the Perimeter

PEACHTREE HILLS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

1.7

$710,500

25

$

12

9.6

REYNOLDSTOWN HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

12 Source: 4/1/2020 – 6/31/2020 provided by FMLS

200

2.6

$423,831

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

10


VININGS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

5.7

$725,000

17

$

43

9.6

VIRGINIA HIGHLANDS / MORNINGSIDE HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

52

3.5

$875,000 $

8

Source: 4/1/2020 – 6/31/2020 provided by FMLS

201


Single Family Homes

Inside the Perimeter

WEST END / CAPITOL VIEW HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

3.7

$244,500

151

17

$

9.6

WEST MIDTOWN / UNDERWOOD HILLS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

102 Source: 4/1/2020 – 6/31/2020 provided by FMLS

202

3.0

$445,250

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

28


S I N G L E FA M I LY H O M E S

OUTSIDE THE PERIMETER

Source: 4/1/2020 – 6/31/2020 provided by FMLS

203


Single Family Homes

Outside the Perimeter

ACWORTH HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

1.9

$289,950

444

$

13

9.6

ALPHARETTA HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

406 Source: 4/1/2020 – 6/31/2020 provided by FMLS

204

2.9

$471,700

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

17


CHATTAHOOCHEE HILLS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

7.9

$634,950

10

$

146

9.6

CUMMING HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

808

2.4

$361,250 $

18

Source: 4/1/2020 – 6/31/2020 provided by FMLS

205


Single Family Homes

Outside the Perimeter

DULUTH HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.6

$386,312

178

$

14

9.6

DUNWOODY HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

83 Source: 4/1/2020 – 6/31/2020 provided by FMLS

206

2.5

$521,548

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

19


EAST COBB HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.8

$427,826

664

$

11

9.6

JOHNS CREEK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

139

3.4

$557,228 $

19

Source: 4/1/2020 – 6/31/2020 provided by FMLS

207


Single Family Homes

Outside the Perimeter

KENNESAW HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

1.8

$339,550

314

$

9

9.6

MABLETON HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

155 Source: 4/1/2020 – 6/31/2020 provided by FMLS

208

1.8

$286,700

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

10


MARIETTA HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.6

$394,400

973

$

13

9.6

MILTON HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

102

5.0

$811,780 $

32

Source: 4/1/2020 – 6/31/2020 provided by FMLS

209


Single Family Homes

Outside the Perimeter

NORCROSS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.3

$271,806

66

$

10

9.6

PEACHTREE CITY HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

15 Source: 4/1/2020 – 6/31/2020 provided by FMLS

210

3.7

$414,500

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

35


PEACHTREE CORNERS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.7

$441,800

90

$

17

9.6

ROSWELL HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

362

2.6

$487,650 $

13

Source: 4/1/2020 – 6/31/2020 provided by FMLS

211


Single Family Homes

Outside the Perimeter

SANDY SPRINGS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

5.1

$718,142

128

$

26

9.6

SMYRNA HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

277 Source: 4/1/2020 – 6/31/2020 provided by FMLS

212

2.4

$388,553

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

15


SUWANNEE HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

3.0

$458,186

299

$

17

9.6

WOODSTOCK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

432

2.0

$326,117 $

9

Source: 4/1/2020 – 6/31/2020 provided by FMLS

213


CONDOMINIUMS

INSIDE THE PERIMETER

Source: 4/1/2020 – 6/31/2020 provided by FMLS

214

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0


Condominiums

Inside the Perimeter

BROOKHAVEN / CHAMBLEE HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

4.7

$232,500

38

$

27

9.6

BUCKHEAD HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

183

5.1

$272,570 $

26

Source: 4/1/2020 – 6/31/2020 provided by FMLS

215


Condominiums

Inside the Perimeter

DECATUR / EMORY / DRUID HILLS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

3.0

$219,600

37

$

21

9.6

DOWNTOWN HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

39 Source: 4/1/2020 – 6/31/2020 provided by FMLS

216

5.5

$253,760

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

41


INMAN PARK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.9

$364,000

2

$

7

9.6

MIDTOWN HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

134

3.7

$359,080 $

18

Source: 4/1/2020 – 6/31/2020 provided by FMLS

217


Condominiums

Inside the Perimeter

OLD FOURTH WARD / PONCEY HIGHLANDS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

3.7

$249,900

39

$

20

9.6

WEST MIDTOWN HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

41 Source: 4/1/2020 – 6/31/2020 provided by FMLS

218

4.0

$305,280

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

17


CONDOMINIUMS

OUTSIDE THE PERIMETER

Source: 4/1/2020 – 6/31/2020 provided by FMLS

219


Condominiums

Outside the Perimeter

MARIETTA / SMYNRA / VININGS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

1.6

$205,056

85

$

15

9.6

ROSWELL / ALPHARETTA / JOHNS CREEK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

39 Source: 4/1/2020 – 6/31/2020 provided by FMLS

220

2.4

$309,062

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

10


SANDY SPRINGS / DUNWOODY / PERIMETER HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

87

3.1

$217,926 $

15

9.6

Source: 4/1/2020 – 6/31/2020 provided by FMLS

221


TOWNHOMES

INSIDE THE PERIMETER

Source: 4/1/2020 – 6/31/2020 provided by FMLS

222

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0


Townhomes

Inside the Perimeter

BROOKHAVEN / CHAMBLEE HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

4.2

$466,895

99

$

31

9.6

BUCKHEAD HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

73

4.3

$507,500 $

41

Source: 4/1/2020 – 6/31/2020 provided by FMLS

223


Townhomes

Inside the Perimeter

DECATUR / EMORY / DRUID HILLS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

3.6

$391,900

32

$

19

9.6

DOWNTOWN HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

9 Source: 4/1/2020 – 6/31/2020 provided by FMLS

224

3.8

$479,000

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

106


EAST ATLANTA HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

3.3

$562,720

5

$

1

9.6

INMAN PARK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

0

N/A

N/A $

N/A

Source: 4/1/2020 – 6/31/2020 provided by FMLS

225


Townhomes

Inside the Perimeter

MIDTOWN HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

3.7

$399,000

2

47

$

9.6

OLD FOURTH WARD / PONCEY HIGHLANDS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

12 Source: 4/1/2020 – 6/31/2020 provided by FMLS

226

5.6

$698,000

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

$

37


WEST MIDTOWN HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

62

3.1

$294,500 $

37

9.6

Source: 4/1/2020 – 6/31/2020 provided by FMLS

227


TOWNHOMES

OUTSIDE THE PERIMETER

Source: 4/1/2020 – 6/31/2020 provided by FMLS

228

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0


Townhomes

Outside the Perimeter

MARIETTA / SMYNRA / VININGS HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

2.6

$275,788

199

$

16

9.6

ROSWELL / ALPHARETTA / JOHNS CREEK HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

183

3.3

$393,554 $

30

Source: 4/1/2020 – 6/31/2020 provided by FMLS

229


Townhomes

Outside the Perimeter

SANDY SPRINGS / DUNWOODY / PERIMETER HOMES SOLD

MEDIAN CLOSED SALES PRICE

MONTHS OF INVENTORY

AVG DAYS ON MARKET

$

100

2.3

$346,314 $

9.6

Source: 4/1/2020 – 6/31/2020 provided by FMLS

230

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0

27


Source: 4/1/2020 – 6/31/2020 provided by FMLS

231


www.evatlanta.com 1745 Peachtree Street, Atlanta, GA 30309, USA | 404.845.7724

Source: 4/1/2020 – 6/31/2020 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.

232

AT L A N TA M A R K E T I N T E L L I G E N C E | 2 Q 2 0


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.