NEW MARKET REALITIES PRE AND POST MARKET TRENDS
Price Range: $500,000 - $999,999 SQFT Range: 0 - No Limit Property Res - Single Family Residence - All Properties - All Properties Types: All Properties Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit
Prepared for you by: Allison Sinkler
Atlanta North (21), Sandy Springs (132)
Number of Homes For Sale vs. Sold vs. Pended (May. 2019 - Jul. 2020)
allison.sinkler@harrynorman.com allison.sinkler@harrynorman.com <allison.sinkler@harrynorman.com> Wed 9/2/2020 3:04 PM To: Lindsey Beck <Lindsey.Beck@harrynorman.com> This is specific to Buckhead and Sandy Springs market. Maybe this could be included at end with the following: If you would like more detailed statistics specific to your neighborhood and price range, please contact me directly. Now is a great time to sell in a market that is favorable to sellers and also a good time to buy with historically low mortgage rates. Please let me know how I may assist you with your real estate needs.
Facts and Trends TM Published August 2020* Location: Atlanta North (21) (FMLS), Sandy Springs (132) (FMLS) Price Range: $500,000 - $999,999 SQFT Range: 0 - No Limit Res - Single Family Residence - All Properties - All Properties Property Curnt vs. Prev Month Types: All Properties
Curnt vs. Same Month 1 Yr Ago
Curnt vs. Same Qtr 1 Yr Ago
Curnt vs. Prev Month
Curnt vs. Same Month 1 Yr Ago
Jul. 20 Jun. 20 % Change
Jul. 20
Jul. 19
% Change
Curnt vs. Same Qtr 1 Yr Ago May. 20 to Jul. 20 May. 19 to Jul. 19 % Change
For Sale
156
167
-6.6%
156
244
-36.1%
156
244
-36.1%
Sold
58
64
-9.4%
58
62
-6.5%
163
185
-11.9%
Pended
70
71
-1.4%
70
56
25%
198
187
5.9%
TODAYâ&#x20AC;&#x2122;S STATS Current vs. Prev MTD 9/1/20 9/1/20
8/1/20 8/1/20
For Sale
169
161
Sold
1
Pended
1
Current vs. Same MTD 1 Yr Ago
% Change
9/1/20 9/1/20
9/1/19 9/1/19
5%
169
220
0
N/A
1
1
0%
1
% Change
Current vs. Prev YTD 1/1/20 9/1/20
1/1/19 9/1/19
% Change
-23.2%
169
220
-23.2%
0
N/A
405
411
-1.5%
1
0%
453
472
-4%
July 2020 is a Seller's market**
Home For Sale in July 2020 is 156 units. It is down 6.6% compared to last month and down 36.1% compared to last year. Home Closed in July 2020 is 58 units. It is down 9.4% compared to last month and down 6.5% compared to last year. Home Placed under Contract in July 2020 is 70 units. It is down 1.4% compared to last month and up 25% compared to last year. **Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.
Atlanta North (21), Sandy Springs (132) Months of Inventory Based on Closed Sales (May. 2019 - Jul. 2020)
allison.sinkler@harrynorman.com allison.sinkler@harrynorman.com <allison.sinkler@harrynorman.com> Wed 9/2/2020 3:04 PM To: Lindsey Beck <Lindsey.Beck@harrynorman.com> This is specific to Buckhead and Sandy Springs market. Maybe this could be included at end with the following: If you would like more detailed statistics specific to your neighborhood and price range, please contact me directly. Now is a great time to sell in a market that is favorable to sellers and also a good time to buy with historically low mortgage rates. Please let me know how I may assist you with your real estate needs.
Facts and Trends TM Published August 2020* Location: Atlanta North (21) (FMLS), Sandy Springs (132) (FMLS) Price Range: $500,000 - $999,999 SQFT Range: 0 - No Limit Res - Single Family Residence - All Properties - All Curnt Properties Property vs. -Prev Month Types: All Properties
Curnt vs. Same Month 1 Yr Ago
Curnt vs. Same Qtr 1 Yr Ago
Curnt vs. Prev Month
Curnt vs. Same Month 1 Yr Ago
Jul. 20 Jun. 20 % Change Months of Inventory (Closed Sales)
2.7
2.6
Jul. 20
Jul. 19
2.7
3.9
3.8%
% Change
Curnt vs. Same Qtr 1 Yr Ago May. 20 to Jul. 20 May. 19 to Jul. 19 % Change
-30.5%
3.3
4.2
-21.2%
TODAYâ&#x20AC;&#x2122;S STATS Current vs. Prev MTD 9/1/20 9/1/20
8/1/20 8/1/20
5.6
0
Months of Inventory (Closed Sales)
Current vs. Same MTD 1 Yr Ago
% Change N/A
9/1/20 9/1/20
9/1/19 9/1/19
5.6
0
% Change
Current vs. Prev YTD 1/1/20 9/1/20
1/1/19 9/1/19
3.4
4.4
N/A
% Change -22.9%
July 2020 is a Seller's market**
Months of Inventory based on Closed Sales in July 2020 is 2.7. It is up 3.8% compared to last month and down 30.5% compared to last year. **Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.
Date
5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20 7/20
For Sale
270
271
244
226
220
207
185
150
155
160
195
204
190
167
156
New Listing
135
96
77
95
95
76
53
32
93
103
109
64
72
91
99
**Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.
Date
5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20 7/20
For Sale
270
271
244
226
220
207
185
150
155
160
195
204
190
167
156
New Listing
135
96
77
95
95
76
53
32
93
103
109
64
72
91
99
Sold
61
62
62
53
62
43
46
45
30
44
56
47
41
64
58
Pended
69
62
56
57
52
47
34
32
41
66
44
40
57
71
70
Months of Inventory (Closed Sales)
4.4
4.4
3.9
4.3
3.5
4.8
4
3.3
5.2
3.6
3.5
4.3
4.6
2.6
2.7
Months of Inventory (Pended Sales)
3.9
4.4
4.4
4
4.2
4.4
5.4
4.7
3.8
2.4
4.4
5.1
3.3
2.4
2.2
Absorption Rate (Closed Sales) %
22.6
22.9
25.4
23.5
28.2
20.8
24.9
30
19.4
27.5
28.7
23
21.6
38.3
37.2
Absorption Rate (Pended Sales) %
25.6
22.9
23
25.2
23.6
22.7
18.4
21.3
26.5
41.3
22.6
19.6
30
42.5
44.9
Avg. Active Price
753
755
761
749
740
739
742
746
739
764
761
760
762
748
775
Avg. Sold Price
713
713
713
696
718
722
708
732
726
747
719
748
734
728
727
Avg. Sq. Ft. Price (Sold)
237
254
230
258
235
229
248
227
248
230
256
255
253
259
256
Sold/List Diff. %
98
97
97
97
96
96
97
97
97
96
98
97
97
98
97
Sold/Orig LP Diff. %
97
95
91
94
91
93
93
93
94
92
96
95
94
96
94
Avg Days on Market
36
42
50
53
77
57
48
63
61
103
42
38
45
51
49
Avg CDOM
64
63
81
88
97
99
54
88
127
169
91
63
66
63
66
Median Sold Price
692
678
710
670
696
708
679
725
713
755
692
735
710
718
702
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart
New Market Realities
If you would like more detailed statistics specific to your neighborhood and price range, please contact me directly. Now is a great time to sell in a market that is favorable to sellers and also a good time to buy with Avg. Sq. Ft. Price
237
254
Sold/List Diff. %
98
97
Sold/Orig LP Diff. %
97
Avg Days on Market
230
258
235
229
248
227
248
230
256
255
253
259
256
97
97
96
96
97
97
97
96
98
97
97
98
97
95
91
94
91
93
93
93
94
92
96
95
94
96
94
36
42
50
53
77
57
48
63
61
103
42
38
45
51
49
Avg CDOM
64
63
81
88
91
63
66
63
66
Median Sold Price
692
678
710
670
692
735
710
718
702
(Sold) historically low mortgage rates. Please let me know how I may assist
you with your real estate needs.
ALLISON SINKLER 97 99 54 88 127 169 REALTORÂŽ
Cell: 696 404-240-2759 708 679 725 713 Office: 404-261-2700 Allison.Sinkler@HarryNorman.com
755
If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart *All reports are published August 2020, based on data available at the end of July 2020, except for the todayâ&#x20AC;&#x2122;s stats. All reports presented are based on data supplied by the FMLS and GAMLS. GAMLS and FMLS do not guarantee or are not responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
Buckhead Northwest Office | 4401 Northside Pkwy NW, # 250 | Atlanta, GA 30327 | Jeff Yeomans, Managing Broker The above information is believed accurate, but is not warranted. This offer is subject to errors, omissions, prior sale and withdrawals without notice