Q4 Q2 2023 Atlanta Market Snapshot
1
MARKET SNAPSHOT 2 0 2 3
Q 4
A T L A N T A , G E O R G I A
RALPH E. HERRERA | ENGEL & VÖLKERS ATLANTA Source: FMLS, InfoSparks, TrendGraphix, Q4 Q2 2023 (4/1/23 (10/1/23to to6/30/23) 12/31/23)
M +1 404.358.4045 | O +1 404.845.7724 ralph.herrera@evatlanta.com Source: 1/1/2021 – 7/31/2021 provided by FMLS ralphherrera.evatlanta.com
evatlanta.com
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Q4 2023 Atlanta Market Snapshot
2
Market Snapshot 2 0 2 3
Q 4
A T L A N T A , G E O R G I A
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
Market Overview
3
4-7
Single-Family Homes Inside the Perimeter
8 - 27
Outside the Perimeter
28 - 45
Condominiums Inside the Perimeter
46 - 55
Outside the Perimeter
56 - 61
Townhomes Inside the Perimeter
62 - 71
Outside the Perimeter
72 - 83
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
4
Market Overview Q4 2023 proved to be an extension of not only Q3 2023, but the year as a whole. Mortgage interest rates continued their climb, peaking at a high of almost 8% in November. By the end of the year, they moderated to 7%. New listings, pending sales and closed sales all trailed to a low point that paralleled Q4 2022. On average for Q4 2023 vs Q3 2023, new listings,
Q4 2024 at a Glance
pending sales and closed sales decreased by 18% - 23%. The year closed as it began; the shortage of new listings and the mortgage interest rate
11,736
stalemate continued to suppress the market.
Homes Sold
There were 11,739 closed sales in Q4 which is 18.75% less than the 14,445 in Q3 2023. The average price remained stable, decreasing by only 0.93% from $508,532 to $503,820. Inventory levels crept up to 2.5 months over 2 months in the previous quarter and, the average days on market increased by 5 days from 27 to 32. The big question many people
that it is financially lucrative. In
have is why do we continue to
June 2023, it was reported that
have low inventory levels that
more than 9 of every 10
are suppressing the market?
homeowners have an interest rate
Simply put, homeowners have
below 6%. Almost 4 in 5 have an
unprecedentedly low mortgage
interest rate below 5% and nearly
interest rates and cannot or will
one quarter have a rate below 3%.
not make a move to a new home until interest rates moderate to a level that meets their requirements. Additionally, many are making decisions to rent homes they are moving from because their rate is low enough
When interest rates began to rise in 2022, most homeowners believed that mortgage interest rates would moderate quickly, providing them the opportunity to
$503,872 Average Sale Price
2.5
Months of Inventory
32
Average Days On Market
purchase in the near future. The opposite
Source: FMLS InfoSparks, Greater Atlanta Area (Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, and Rockdale Counties) All home types, All price points, Rolling 3-months as of December 2023, RedFin News, June 14, 2023
evatlanta.com
Q4 2023 Atlanta Market Snapshot
5
happened. Mortgage interest
buy. With inventory levels still at
The rest of this report provides
rates continued to climb through
historic lows, many homebuyers
a snapshot of key metrics by
2022 and 2023 to the peak of
understand that now is the
home type (single-family homes,
8% in Q4 2023. In December of
time to buy as they understand
townhomes and, condominiums) and
2023, the Federal Reserve Board
that when mortgage interest
submarket, including neighborhoods
(FRB) signaled that interest rates
rates do moderate, there will
Inside the Perimeter (ITP) and
cuts would start happening in
be a flood of homebuyers in the
Outside the Perimeter (OTP).
Q2 2024 but, strong jobs reports
market. These savvy buyers are
and consumer spending has
beginning to move on with their
led to the FRB retracting from
lives and are making decisions
their optimism about rate cuts.
to take advantage of incentives
Because of this, many homebuyers
offered by sellers that include
continue to sit on the sidelines
mortgage interest rate buy down
waiting for rate changes.
options. That said, with so few
To learn more about homes selling in your neighborhood or your dream location, reach out to your Engel & Völkers Advisor for more detailed information about trends in your area.
options, many homebuyers are
What does this all mean for a
still encountering multiple offer
homebuyer in Atlanta? Now
Christa Huffstickler Founder & CEO Engel & Volkers Atlanta
situations when a new home
could not be a better time to
comes to market.
Metro Atlanta Market Summary (Q4 2023) Metro Atlanta Closed Sales Pending Sales Active Listings New Listings
11,736
q -18.75%
10,448
q -23.3%
11,185
p +5.75%
15,852
City of Atlanta 2,056
q -17.63%
1,799
q -24.57%
2,743
p +7.61%
3,318
ITP 2,303
q -18.97%
2,012
q -25.76%
3,037
p +7.13%
3,709
q -21.76%
q -21.86%
q -22.71%
Median Sale Price
$410,000 q -2.38%
$420,000 p +1.2%
p +2.05%
Average Sale Price
$503,820 q -0.93%
p +3.36%
Average Price Per Square Foot Average Sale Price to Original List Price Ratio Months of Inventory Average Days on Market
$212
q -0.93%
97%
q -1.22%
2.5
p +8.7%
32
p +18.52%
$581,378 $279
q -1.76%
96.1%
q -1.13%
3.5
p +9.37%
36
p +16.13%
$447,500 $612,781
p +4.03%
$288
q -1.71%
96.1%
q -1.33%
3.4
p +9.68%
34
p +13.33%
q Down Quarter-Over-Quarter (QOQ) p Up Quarter-Over-Quarter (QOQ)
Source: FMLS InfoSparks, Greater Atlanta Area/City of Atlanta/ITP, All home types, All price points, Rolling 3-months as of December 2023 (Q4 2023 over Q4 2022)
evatlanta.com
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Q4 2023 Atlanta Market Snapshot
Metro Atlanta New Listings Impact on Average Sale Price and Closed and Pending Sales
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, January 2022 - December 2023
Metro Atlanta Supply Dynamics Summary (January 2022 - December 2023)
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types - January 2022 - December 2023
evatlanta.com
Q4 2023 Atlanta Market Snapshot
Metro Atlanta Pending and Closed Sales vs. Interest Rates (January 2022 - December 2023)
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, January 2022 - December 2023
Metro Atlanta Home Inventory (January 2022 - December 2023)
Source: FMLS InfoSparks, Greater Atlanta Area, All Home Types, January 2022 - December 2023
evatlanta.com
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Q4 2023 Atlanta Market Snapshot
8
Single-Family Homes INSIDE THE PERIMETER
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
9
Ansley Park / Sherwood Forest S IN GLE-FA M ILY H O M E S
11
Homes Sold
$1,570,000 Median Closed Sales Price
$1,862,273 Average Closed Sales Price
5.3
Months of Inventory
25
Average Days On Market
Avondale Estates S IN GLE-FA M ILY H O M E S
16
Homes Sold
$720,000 Median Closed Sales Price
$742,531
Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.1
Months of Inventory
13
Average Days On Market
Q4 2023 Atlanta Market Snapshot
10
Brookhaven S IN GLE-FA M I LY H O M E S
99
Homes Sold
$850,000 Median Closed Sales Price
$974,421
Average Closed Sales Price
2.5
Months of Inventory
22
Average Days On Market
Brookwood Hills S IN GLE -FA M ILY H O M E S
1
Homes Sold
$1,180,000 Median Closed Sales Price
$1,180,000 Average Closed Sales Price
3.5
Months of Inventory
5
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
11
Buckhead S IN GLE -FA M I LY H O M E S
175 Homes Sold
$1,300,000 Median Closed Sales Price
$1,680,606 Average Closed Sales Price
4.2
Months of Inventory
29
Average Days On Market
Cabbagetown S IN GLE-FA M I LY H O M E S
4
Home Sold
$720,500 Median Closed Sales Price
$767,250 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
0.7
Months of Inventory
33
Average Days On Market
Q4 2023 Atlanta Market Snapshot
12
Cascade East S IN GLE-FA M I LY H O M E S
60
Homes Sold
$275,000 Median Closed Sales Price
$312,873
Average Closed Sales Price
4.7
Months of Inventory
55
Average Days On Market
Cascade West S IN GLE -FA M ILY H O M E S
30
Homes Sold
$285,500 Median Closed Sales Price
$306,074 Average Closed Sales Price
3.6
Months of Inventory
43
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
13
Chamblee S IN GLE-FA M I LY H O M E S
25
Homes Sold
$487,600 Median Closed Sales Price
$489,200 Average Closed Sales Price
1.4
Months of Inventory
14
Average Days On Market
Chastain Park S IN GLE -FA M I LY H O M E S
20
Homes Sold
$2,250,000 Median Closed Sales Price
$2,736,332 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
4.3
Months of Inventory
45
Average Days On Market
Q4 2023 Atlanta Market Snapshot
14
College Park S IN GLE -FA M ILY H O M E S
6
Homes Sold
$441,500 Median Closed Sales Price
$508,798 Average Closed Sales Price
4.0
Months of Inventory
72
Average Days On Market
Collier Hills/ Ardmore Park
S IN GLE-FA M ILY H O M E S
10
Home Sold
$955,750 Median Closed Sales Price
$920,750 Average Closed Sales Price
1.3
Months of Inventory
10
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
15
Decatur
S IN GLE-FA M ILY H O M E S
31
Homes Sold
$725,000
$845,623
Median Closed Sales Price
Average Closed Sales Price
1.5
Months of Inventory
28
Average Days On Market
Druid Hills/ Emory S IN GLE- FA M ILY H O M E S
24
Homes Sold
$1,040,000 Median Closed Sales Price
$1,096,828 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.4
Months of Inventory
21
Average Days On Market
Q4 2023 Atlanta Market Snapshot
16
East Atlanta S IN GLE -FA M ILY H O M E S
25
Homes Sold
$557,000 Median Closed Sales Price
$561,870 Average Closed Sales Price
2.1
Months of Inventory
33
Average Days On Market
East Lake S IN GLE-FA M I LY H O M E S
13
Homes Sold
$599,000 Median Closed Sales Price
$723,340 Average Closed Sales Price
3.2
Months of Inventory
44
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
17
East Point S IN GLE-FA M I LY H O M E S
53
Homes Sold
$290,000 Median Closed Sales Price
$309,479 Average Closed Sales Price
5.7
Months of Inventory
42
Average Days On Market
Edgewood S IN GLE- FA M ILY H O M E S
9
Homes Sold
$627,500 Median Closed Sales Price
$636,206 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
3.5
Months of Inventory
15
Average Days On Market
Q4 2023 Atlanta Market Snapshot
18
Garden Hills S IN GLE -FA M ILY H O M E S
8
Homes Sold
$1,550,000 Median Closed Sales Price
$1,404,738 Average Closed Sales Price
2.8
Months of Inventory
64
Average Days On Market
Grant Park/ Glenwood Park S IN GLE- FA M ILY H O M E S
22
Homes Sold
$624,500 Median Closed Sales Price
$737,545 Average Closed Sales Price
2.4
Months of Inventory
10
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
19
Hapeville/ Thomasville
S IN GLE-FA M ILY H O M E S
15
Homes Sold
$350,000 Median Closed Sales Price
$356,200 Average Closed Sales Price
4.9
Months of Inventory
85
Average Days On Market
Inman Park S IN GLE -FA M ILY H O M E S
5
Homes Sold
$1,400,000 Median Closed Sales Price
$1,334,796 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
0.9
Months of Inventory
65
Average Days On Market
Q4 2023 Atlanta Market Snapshot
20
Kirkwood S IN GLE -FA M ILY H O M E S
21
Homes Sold
$720,000 Median Closed Sales Price
$704,500 Average Closed Sales Price
2.3
Months of Inventory
15
Average Days On Market
Lake Claire/ Little Five Points S IN GLE-FA M I LY H O M E S
18
Homes Sold
$951,650 Median Closed Sales Price
$1,022,622 Average Closed Sales Price
1.6
Months of Inventory
16
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
21
Midtown S IN GLE- FA M I LY H O M E S
3
Home Sold
$897,500 Median Closed Sales Price
$1,055,833 Average Closed Sales Price
2.6
Months of Inventory
6
Average Days On Market
Oakhurst S IN GLE-FA M I LY H O M E S
11
Homes Sold
$820,000 Median Closed Sales Price
$904,773 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.3
Months of Inventory
7
Average Days On Market
Q4 2023 Atlanta Market Snapshot
22
Old Fourth Ward S IN GLE-FA M I LY H O M E S
8
Homes Sold
$792,750 Median Closed Sales Price
$907,563 Average Closed Sales Price
2.8
Months of Inventory
20
Average Days On Market
Ormewood Park S IN GLE -FA M I LY H O M E S
11
Homes Sold
$560,000 Median Closed Sales Price
$714,623
Average Closed Sales Price
2.4
Months of Inventory
27
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
23
Peachtree Hills S IN GLE-FA M I LY H O M E S
10
Homes Sold
$878,125 Median Closed Sales Price
$1,029,125 Average Closed Sales Price
2.2
Months of Inventory
10
Average Days On Market
Peoplestown/Chosewood Park/Lakewood Heights S IN GLE-FA M I LY H O M E S
40
Homes Sold
$329,250 Median Closed Sales Price
$365,266 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
5.5
Months of Inventory
28
Average Days On Market
Q4 2023 Atlanta Market Snapshot
24
Reynoldstown S IN GLE -FA M I LY H O M E S
2
Homes Sold
$584,600 Median Closed Sales Price
$584,600 Average Closed Sales Price
2.1
Months of Inventory
23
Average Days On Market
Summerhill S IN GLE -FA M I LY H O M E S
5
Homes Sold
$625,000 Median Closed Sales Price
$592,300 Average Closed Sales Price
3.3
Months of Inventory
44
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
25
Vinings S IN GLE -FA M ILY H O M E S
8
Homes Sold
$659,000 Median Closed Sales Price
$718,783
Average Closed Sales Price
3.8
Months of Inventory
17
Average Days On Market
Virginia Highlands/ Morningside S IN GLE -FA M ILY H O M E S
30
Homes Sold
$1,287,500 Median Closed Sales Price
$1,373,375 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.1
Months of Inventory
27
Average Days On Market
Q4 2023 Atlanta Market Snapshot
26
West End/Adair Park/ Capitol View S IN GLE -FA M ILY H O M E S
98
Homes Sold
$360,000 Median Closed Sales Price
$376,365 Average Closed Sales Price
5.3
Months of Inventory
34
Average Days On Market
West Midtown/ Underwood Hills S IN GLE -FA M ILY H O M E S
81
Homes Sold
$555,000 Median Closed Sales Price
$556,969 Average Closed Sales Price
3.0
Months of Inventory
26
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
27
Q4 2023 Atlanta Market Snapshot
28
Single-Family Homes OUTSIDE THE PERIMETER
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
29
Acworth
S IN GLE-FA M ILY H O M E S
246 Homes Sold
$430,000 Median Closed Sales Price
$467,075 Average Closed Sales Price
1.9
Months of Inventory
29
Average Days On Market
Alpharetta S IN GLE-FA M ILY H O M E S
226 Homes Sold
$740,500 Median Closed Sales Price
$889,608 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.7
Months of Inventory
27
Average Days On Market
Q4 2023 Atlanta Market Snapshot
30
Canton S IN GLE- FA M ILY H O M E S
330 Homes Sold
$532,539 Median Closed Sales Price
$593,970 Average Closed Sales Price
2.3
Months of Inventory
29
Average Days On Market
Chattahoochee Hills S IN GLE- FA M ILY H O M E S
8
Homes Sold
$1,048,018 Median Closed Sales Price
$1,075,130 Average Closed Sales Price
8.5
Months of Inventory
55
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
31
Clarkston S IN GLE -FA M ILY H O M E S
12
Homes Sold
$353,000 Median Closed Sales Price
$356,708 Average Closed Sales Price
2.8
Months of Inventory
26
Average Days On Market
Cumming S IN GLE -FA M ILY H O M E S
405 Homes Sold
$600,000 Median Closed Sales Price
$652,761
Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.7
Months of Inventory
24
Average Days On Market
Q4 2023 Atlanta Market Snapshot
32
Douglasville S IN GLE -FA M ILY H O M E S
248 Homes Sold
$327,500 Median Closed Sales Price
$349,156
Average Closed Sales Price
3.2
Months of Inventory
34
Average Days On Market
Duluth S IN GLE- FA M ILY H O M E S
132 Homes Sold
$522,500 Median Closed Sales Price
$667,688 Average Closed Sales Price
1.5
Months of Inventory
23
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
33
Dunwoody S IN GLE- FA M I LY H O M E S
42
Homes Sold
$668,725 Median Closed Sales Price
$726,930 Average Closed Sales Price
1.0
Months of Inventory
22
Average Days On Market
East Cobb S IN GLE -FA M I LY H O M E S
376 Homes Sold
$530,500 Median Closed Sales Price
$625,179
Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.6
Months of Inventory
25
Average Days On Market
Q4 2023 Atlanta Market Snapshot
34
Fairburn S IN GLE -FA M ILY H O M E S
94
Homes Sold
$354,990 Median Closed Sales Price
$362,912
Average Closed Sales Price
2.5
Months of Inventory
39
Average Days On Market
Fayetteville S IN GLE -FA M I LY H O M E S
72
Homes Sold
$409,250 Median Closed Sales Price
$503,016 Average Closed Sales Price
4.4
Months of Inventory
39
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
35
Johns Creek S IN GLE -FA M ILY H O M E S
74
Homes Sold
$762,500 Median Closed Sales Price
$873,070 Average Closed Sales Price
0.9
Months of Inventory
18
Average Days On Market
Kennesaw S IN GLE-FA M ILY H O M E S
179 Homes Sold
$425,000 Median Closed Sales Price
$477,703 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.3
Months of Inventory
31
Average Days On Market
Q4 2023 Atlanta Market Snapshot
36
Lawrenceville S IN GLE- FA M ILY H O M E S
404 Homes Sold
$387,750 Median Closed Sales Price
$419,229
Average Closed Sales Price
1.9
Months of Inventory
32
Average Days On Market
Mableton S IN GLE-FA M I LY H O M E S
80
Homes Sold
$413,000 Median Closed Sales Price
$447,416
Average Closed Sales Price
2.1
Months of Inventory
24
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
37
Marietta S IN GLE -FA M ILY H O M E S
594 Homes Sold
$485,000 Median Closed Sales Price
$559,374 Average Closed Sales Price
1.7
Months of Inventory
27
Average Days On Market
McDonough S IN GLE -FA M I LY H O M E S
167 Homes Sold
$385,000 Median Closed Sales Price
$418,840 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
3.6
Months of Inventory
43
Average Days On Market
Q4 2023 Atlanta Market Snapshot
38
Milton S IN GLE -FA M ILY H O M E S
44
Homes Sold
$1,337,500 Median Closed Sales Price
$1,523,477 Average Closed Sales Price
3.9
Months of Inventory
35
Average Days On Market
Norcross S IN GLE- FA M ILY H O M E S
49
Homes Sold
$359,900 Median Closed Sales Price
$398,377 Average Closed Sales Price
1.4
Months of Inventory
21
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
39
Peachtree City S IN GLE-FA M ILY H O M E S
14
Homes Sold
$512,500 Median Closed Sales Price
$566,428 Average Closed Sales Price
2.4
Months of Inventory
25
Average Days On Market
Peachtree Corners S IN GLE- FA M ILY H O M E S
48
Homes Sold
$674,950 Median Closed Sales Price
$678,654 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.4
Months of Inventory
24
Average Days On Market
Q4 2023 Atlanta Market Snapshot
40
Roswell S IN GLE -FA M ILY H O M E S
186 Homes Sold
$700,000 Median Closed Sales Price
$784,661 Average Closed Sales Price
1.4
Months of Inventory
22
Average Days On Market
Sandy Springs S IN GLE-FA M ILY H O M E S
98
Homes Sold
$905,000 Median Closed Sales Price
$1,209,353 Average Closed Sales Price
2.7
Months of Inventory
30
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
41
Smyrna S IN GLE-FA M ILY H O M E S
130 Homes Sold
$482,500 Median Closed Sales Price
$584,318 Average Closed Sales Price
1.5
Months of Inventory
26
Average Days On Market
Snellville S IN GLE- FA M I LY H O M E S
199 Homes Sold
$355,000 Median Closed Sales Price
$390,455 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.0
Months of Inventory
28
Average Days On Market
Q4 2023 Atlanta Market Snapshot
42
South Fulton S IN GLE- FA M I LY H O M E S
19
Homes Sold
$270,000 Median Closed Sales Price
$322,583 Average Closed Sales Price
5.1
Months of Inventory
22
Average Days On Market
Sugar Hill S IN GLE -FA M I LY H O M E S
68
Homes Sold
$425,000 Median Closed Sales Price
$458,585 Average Closed Sales Price
1.9
Months of Inventory
28
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
43
Suwanee S IN GLE -FA M I LY H O M E S
169 Homes Sold
$639,900 Median Closed Sales Price
$724,359 Average Closed Sales Price
1.3
Months of Inventory
26
Average Days On Market
Tucker S IN GLE -FA M I LY H O M E S
88
Homes Sold
$447,000 Median Closed Sales Price
$498,790 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.4
Months of Inventory
29
Average Days On Market
Q4 2023 Atlanta Market Snapshot
44
Union City S IN GLE -FA M I LY H O M E S
24
Homes Sold
$276,250 Median Closed Sales Price
$270,072 Average Closed Sales Price
3.6
Months of Inventory
41
Average Days On Market
Woodstock S IN GLE -FA M I LY H O M E S
293 Homes Sold
$449,000 Median Closed Sales Price
$504,452 Average Closed Sales Price
1.8
Months of Inventory
25
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
45
Q4 2023 Atlanta Market Snapshot
46
Condominiums INSIDE THE PERIMETER
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
47
Brookhaven/Chamblee CON D OMI NIU M S
27
Homes Sold
$290,000 Median Closed Sales Price
$373,011
Average Closed Sales Price
2.7
Months of Inventory
41
Average Days On Market
Brookwood Hills CON D OMI NIU M S
6
Homes Sold
$338,047 Median Closed Sales Price
$526,516
Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.3
Months of Inventory
42
Average Days On Market
Q4 2023 Atlanta Market Snapshot
48
Buckhead CON D O M I NIU M S
171
Homes Sold
$306,500 Median Closed Sales Price
$561,928
Average Closed Sales Price
3.4
Months of Inventory
45
Average Days On Market
Cabbagetown CON D OMI NIU M S
5
Homes Sold
$360,000 Median Closed Sales Price
$393,350 Average Closed Sales Price
2.9
Months of Inventory
14
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
49
Collier Hills/Ardmore Park C ON D O M INI U M S
16
Homes Sold
$261,250 Median Closed Sales Price
$329,947 Average Closed Sales Price
3.3
Months of Inventory
22
Average Days On Market
Decatur/Druid Hills/Emory CON D OMINI U M S
34
Homes Sold
$280,750 Median Closed Sales Price
$334,310 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.1
Months of Inventory
16
Average Days On Market
Q4 2023 Atlanta Market Snapshot
50
Downtown CON D O M I NIU M S
35
Homes Sold
$260,000 Median Closed Sales Price
$335,346 Average Closed Sales Price
5.3
Months of Inventory
37
Average Days On Market
Edgewood/Kirkwood C ON D O M INI U M S
7
Homes Sold
$400,000 Median Closed Sales Price
$416,785
Average Closed Sales Price
2.6
Months of Inventory
20
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
51
Garden Hills C ON D O M INI U M S
12
Homes Sold
$452,500 Median Closed Sales Price
$521,167
Average Closed Sales Price
2.0
Months of Inventory
38
Average Days On Market
Grant Park/Glenwood Park C ON D OMI NIU M S
10
Homes Sold
$534,900 Median Closed Sales Price
$430,810 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.8
Months of Inventory
32
Average Days On Market
Q4 2023 Atlanta Market Snapshot
52
Inman Park CON D OMI NIU M S
6
Homes Sold
$477,500 Median Closed Sales Price
$526,500 Average Closed Sales Price
1.4
Months of Inventory
38
Average Days On Market
Midtown CON D O M I NIU M S
96
Homes Sold
$354,675 Median Closed Sales Price
$450,178 Average Closed Sales Price
3.5
Months of Inventory
42
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
53
Old Fourth Ward/ Poncey Highland C ON D OMI NIU M S
30
Homes Sold
$345,000 Median Closed Sales Price
$347,033 Average Closed Sales Price
2.8
Months of Inventory
35
Average Days On Market
Peachtree Hills C ON D OMI NIU M S
11
Homes Sold
$295,000 Median Closed Sales Price
$418,636 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
3.3
Months of Inventory
37
Average Days On Market
Q4 2023 Atlanta Market Snapshot
54
Vinings CON D O M I NIU M S
19
Homes Sold
$312,000 Median Closed Sales Price
$567,279 Average Closed Sales Price
3.5
Months of Inventory
42
Average Days On Market
Virginia Highlands/ Morningside CON D O M I NIU M S
18
Homes Sold
$318,500 Median Closed Sales Price
$398,719
Average Closed Sales Price
2.3
Months of Inventory
43
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
55
West End/Adair Park/ Capitol View CON D O M I NIU M S
2
Homes Sold
$183,500 Median Closed Sales Price
$183,500 Average Closed Sales Price
4.5
Months of Inventory
23
Average Days On Market
West Midtown CON D O M I NIU M S
38
Homes Sold
$298,000 Median Closed Sales Price
$378,319
Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
3.2
Months of Inventory
34
Average Days On Market
Q4 2023 Atlanta Market Snapshot
56
Condominiums OUTSIDE THE PERIMETER
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
57
Cumming CON D O M I NIU M S
19
Homes Sold
$484,260 Median Closed Sales Price
$470,811
Average Closed Sales Price
2.0
Months of Inventory
56
Average Days On Market
Duluth CON D OMI NIU M S
6
Homes Sold
$275,000 Median Closed Sales Price
$268,667 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
0.8
Months of Inventory
34
Average Days On Market
Q4 2023 Atlanta Market Snapshot
58
East Cobb C ON D O M I NIU M S
28
Homes Sold
$276,525 Median Closed Sales Price
$305,136 Average Closed Sales Price
2.0
Months of Inventory
18
Average Days On Market
Marietta/Smyrna/ Vinings C ON D OMI NIU M S
66
Homes Sold
$289,400 Median Closed Sales Price
$361,352
Average Closed Sales Price
2.5
Months of Inventory
26
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
59
Norcross/Peachtree Corners CON D OMI NIU M S
11
Homes Sold
$245,000 Median Closed Sales Price
$309,195
Average Closed Sales Price
4.4
Months of Inventory
36
Average Days On Market
Roswell/Alpharetta/ Johns Creek CON D O M I NIU M S
39
Homes Sold
$335,000 Median Closed Sales Price
$362,567 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.7
Months of Inventory
28
Average Days On Market
Q4 2023 Atlanta Market Snapshot
60
Sandy Springs/Dunwoody/ Perimeter C ON D O M INI U M S
69
Homes Sold
$269,900 Median Closed Sales Price
$281,319
Average Closed Sales Price
2.1
Months of Inventory
21
Average Days On Market
Woodstock C ON D O M INI U M S
4
Homes Sold
$515,000 Median Closed Sales Price
$557,475 Average Closed Sales Price
5.1
Months of Inventory
60
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
61
Q4 2023 Atlanta Market Snapshot
62
Townhomes INSIDE THE PERIMETER
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
63
Brookhaven/ Chamblee TOWN HO M E S
43
Homes Sold
$545,000 Median Closed Sales Price
$543,924 Average Closed Sales Price
2.3
Months of Inventory
18
Average Days On Market
Buckhead TOWN HO M E S
47
Homes Sold
$535,000 Median Closed Sales Price
$690,854 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.4
Months of Inventory
35
Average Days On Market
Q4 2023 Atlanta Market Snapshot
64
Cascade East TOWN HO M E S
7
Homes Sold
$145,000 Median Closed Sales Price
$150,571
Average Closed Sales Price
3.6
Months of Inventory
52
Average Days On Market
Cascade West TOWN HO M E S
15
Homes Sold
$227,000 Median Closed Sales Price
$216,937
Average Closed Sales Price
2.9
Months of Inventory
45
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
65
Collier Hills/ Ardmore
TOWN HO M E S
3
Homes Sold
$337,250 Median Closed Sales Price
$329,050 Average Closed Sales Price
1.3
Months of Inventory
51
Average Days On Market
Decatur/Emory/ Druid Hills TOWN HO M E S
26
Homes Sold
$667,450 Median Closed Sales Price
$644,059 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.9
Months of Inventory
57
Average Days On Market
Q4 2023 Atlanta Market Snapshot
66
Downtown TOWN HO M E S
1
Homes Sold
$581,950 Median Closed Sales Price
$581,950 Average Closed Sales Price
1.3
Months of Inventory
100
Average Days On Market
East Atlanta TOWN HO M E S
4
Home Sold
$652,245 Median Closed Sales Price
$622,176
Average Closed Sales Price
3.3
Months of Inventory
37
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
67
East Point TOWN HO M E S
5
Homes Sold
$300,000 Median Closed Sales Price
$280,180 Average Closed Sales Price
2.5
Months of Inventory
51
Average Days On Market
Edgewood/Kirkwood TOWN HO M E S
11
Homes Sold
$486,500 Median Closed Sales Price
$525,133
Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
6.1
Months of Inventory
26
Average Days On Market
Q4 2023 Atlanta Market Snapshot
68
Grant Park/Glenwood Park/ Ormewood Park TOWN HO M E S
13
Homes Sold
$573,104 Median Closed Sales Price
$544,690 Average Closed Sales Price
3.0
Months of Inventory
104
Average Days On Market
Inman Park TOWN HO M E S
3
Homes Sold
$1,165,000 Median Closed Sales Price
$966,333 Average Closed Sales Price
0.0
Months of Inventory
24
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
69
Midtown TOWN HO M E S
2
Homes Sold
$562,000 Median Closed Sales Price
$562,000 Average Closed Sales Price
2.5
Months of Inventory
50
Average Days On Market
Old Fourth Ward/ Poncey Highlands TOWN HO M E S
5
Homes Sold
$690,000 Median Closed Sales Price
$583,200 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
4.6
Months of Inventory
29
Average Days On Market
Q4 2023 Atlanta Market Snapshot
70
Reynoldstown TOWN HO M E S
3
Homes Sold
$610,000 Median Closed Sales Price
$772,160 Average Closed Sales Price
3.0
Months of Inventory
63
Average Days On Market
Summerhill TOWN HO M E S
4
Homes Sold
$762,750 Median Closed Sales Price
$684,875 Average Closed Sales Price
2.9
Months of Inventory
33
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
71
Vinings TOWN HO M E S
29
Homes Sold
$475,000 Median Closed Sales Price
$529,071
Average Closed Sales Price
3.5
Months of Inventory
53
Average Days On Market
West Midtown TOWN HO M E S
62
Homes Sold
$489,540 Median Closed Sales Price
$524,375 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
3.9
Months of Inventory
46
Average Days On Market
Q4 2023 Atlanta Market Snapshot
72
Townhomes OUTSIDE THE PERIMETER
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
73
Acworth TOWN HO M E S
33
Homes Sold
$315,000 Median Closed Sales Price
$359,370 Average Closed Sales Price
2.4
Months of Inventory
35
Average Days On Market
Canton TOWN HO M E S
25
Homes Sold
$444,900 Median Closed Sales Price
$443,608 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.8
Months of Inventory
42
Average Days On Market
Q4 2023 Atlanta Market Snapshot
74
Cumming TOWN HO M E S
52
Homes Sold
$445,950 Median Closed Sales Price
$450,973 Average Closed Sales Price
1.7
Months of Inventory
19
Average Days On Market
Duluth TOWN HO M E S
47
Homes Sold
$428,000 Median Closed Sales Price
$424,180 Average Closed Sales Price
2.4
Months of Inventory
32
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
75
East Cobb TOWN HO M E S
50
Homes Sold
$388,000 Median Closed Sales Price
$428,760 Average Closed Sales Price
2.2
Months of Inventory
26
Average Days On Market
Fairburn TOWN HO M E S
28
Homes Sold
$338,503 Median Closed Sales Price
$334,184 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
0.6
Months of Inventory
24
Average Days On Market
Q4 2023 Atlanta Market Snapshot
76
Jonesboro TOWN HO M E S
12
Homes Sold
$228,300 Median Closed Sales Price
$212,871
Average Closed Sales Price
3.5
Months of Inventory
19
Average Days On Market
Kennesaw TOWN HO M E S
55
Homes Sold
$427,615 Median Closed Sales Price
$405,977 Average Closed Sales Price
2.3
Months of Inventory
27
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
77
Lawrenceville TOWN HO M E S
97
Homes Sold
$350,980 Median Closed Sales Price
$345,166 Average Closed Sales Price
3.3
Months of Inventory
25
Average Days On Market
Mableton TOWN HO M E S
43
Homes Sold
$385,000 Median Closed Sales Price
$375,772 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.0
Months of Inventory
46
Average Days On Market
Q4 2023 Atlanta Market Snapshot
78
Marietta/Smyrna/ Vinings TOWN HO M E S
159 Homes Sold
$390,000 Median Closed Sales Price
$409,385 Average Closed Sales Price
2.4
Months of Inventory
30
Average Days On Market
Milton TOWN HO M E S
8
Homes Sold
$534,500 Median Closed Sales Price
$729,375 Average Closed Sales Price
1.8
Months of Inventory
23
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
79
Norcross/Peachtree Corners TOWNH O M E S
53
Homes Sold
$444,500 Median Closed Sales Price
$432,603 Average Closed Sales Price
1.8
Months of Inventory
33
Average Days On Market
Roswell/Alpharetta/ Johns Creek TOWN HO M E S
138 Homes Sold
$569,750 Median Closed Sales Price
$623,204 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
2.2
Months of Inventory
39
Average Days On Market
Q4 2023 Atlanta Market Snapshot
80
Sandy Springs/Dunwoody/ Perimeter TOWN HO M E S
90
Homes Sold
$378,000 Median Closed Sales Price
$430,176 Average Closed Sales Price
1.6
Months of Inventory
30
Average Days On Market
Suwanee TOWN HO M E S
31
Homes Sold
$531,851
Median Closed Sales Price
$512,178
Average Closed Sales Price
1.9
Months of Inventory
68
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
81
Stone Mountain TOWN HO M E S
25
Homes Sold
$183,450 Median Closed Sales Price
$206,829 Average Closed Sales Price
1.9
Months of Inventory
25
Average Days On Market
Tucker TOWNH O M E S
21
Homes Sold
$345,000 Median Closed Sales Price
$339,680 Average Closed Sales Price
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
1.2
Months of Inventory
30
Average Days On Market
Q4 2023 Atlanta Market Snapshot
82
Union City TOWN HO M E S
9
Homes Sold
$200,000 Median Closed Sales Price
$173,450 Average Closed Sales Price
3.4
28
Months of Inventory
Average Days On Market
1.4
44
Woodstock TOWN HO M E S
58
Homes Sold
$449,418 Median Closed Sales Price
$464,893 Average Closed Sales Price
Months of Inventory
Average Days On Market
Source: FMLS, InfoSparks, TrendGraphix, Q4 2023 (10/1/23 to 12/31/23)
evatlanta.com
Q4 2023 Atlanta Market Snapshot
83
Key Indicators Glossary The following key indicators are used throughout this report to describe market trends:
Active Listings
New Listings
Closed Sales
Properties that are currently listed for sale on FMLS. Additional properties may be for sale at any given time— such as for-sale by owner homes or off-market listings— but are not included in the count of “active listings” in this report if they are not in the FMLS database.
New listings are those that have been added to FMLS in a given month. They do not include active listings that were entered in previous months.
Closed sales represent homes that have sold and transactions have been finalized. This indicator tends to lag market trends slightly because properties typically close one to two months after an offer has been accepted and buyers have locked their interest rates.
Pending Sales
Sale Price
Pending sales are properties that have accepted an offer from a buyer and is in the due diligence period. The sales transaction has not happened yet. This is a leading indicator because it give us insight into how buyers and sellers are reacting to the most current market conditions.
The sale price is the final amount paid for a home. It is measured as either an average or a median, with the average price tending to be skewed higher by the highest priced homes. It does not reflect seller concessions, such as closing costs that may have been paid.
Days on Market
Sale Price to List Price Ratio The sale price to list price ratio (SP/LP) indicates if a home sold at (100%), above (>100%), or below (<100%) the listed asking price. The sale price to original list price ratio (SP/OLP) compares the sale price to the original asking price, as the current asking price may have reflected price changes.
Months of Inventory
Days on market (DOM) measures how Months of inventory indicates how long it would likely take to sell currently listed long it takes from the time a home is homes, if no new inventory were added. It is measured as a ratio of active listings to listed until the owner signs a contract homes sold. 5 to 6 months of inventory is considered a balanced market. Less than 6 for the sale of a property. This tends months supply tends to favor sellers, and more tends to favor buyers. to vary based on the desirability of a Source:given FMLS,property, InfoSparks, TrendGraphix, Q4and 2023 (10/1/23 to 12/31/23) market conditions, season.
evatlanta.com
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