Q1 2022 Luxury Market Update by Harry Norman, Realtors

LUXURY MARKET UPDATE QUARTER 1 - 2022

LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 1 2022 $1M - $2.5M HOMES FOR SALE (END Q1)

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

459

983

552

COMPARED TO Q1 2021

23.4%

AVERAGE DAYS ON MARKET

AVERAGE SOLD PRICE

23.2%

MONTHS OF INVENTORY

$1.4M

2.4

COMPARED TO Q1 2021

41.9%

2.5%

44.4%

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. Core Counties combined - Cherokee, Cobb, DeKalb, Forsyth, Fulton, Gwinnett, all residential, $1M - $2.5M, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 1 2022 $2.5M+ HOMES FOR SALE (END Q1)

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

172

177

COMPARED TO Q1 2021

5.5%

AVERAGE DAYS ON MARKET

38.3%

AVERAGE SOLD PRICE

60.5%

MONTHS OF INVENTORY

$3.48M 9.1

COMPARED TO Q1 2021

12.7%

3.8%

33%

COMPARED TO Q1 2021

BUYER’S

MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. Core Counties combined - Cherokee, Cobb, DeKalb, Forsyth, Fulton, Gwinnett, all residential, $2.5M and above, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE BUCKHEAD | QUARTER 1 2022 $1M - $2.5M HOMES FOR SALE (END Q1)

TOTAL NEW LISTINGS

TOTAL HOMES SOLD

181

121

COMPARED TO Q1 2021

50.3%

AVERAGE DAYS ON MARKET

30.9%

AVERAGE SOLD PRICE

6.1%

MONTHS OF INVENTORY

$1.48M 1.9

COMPARED TO Q1 2021

23.3%

1.2%

60%

COMPARED TO Q1 2021

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. ZIP 30305 (FMLS), ZIP 30318 (FMLS), ZIP 30326 (FMLS), ZIP 30327 (FMLS), ZIP 30342 (FMLS), all residential, $1M - $2.5M, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE BUCKHEAD | QUARTER 1 2022 $2.5M+ HOMES FOR SALE (END Q1)

TOTAL NEW LISTINGS

TOTAL HOMES SOLD

COMPARED TO Q1 2021

24%

AVERAGE DAYS ON MARKET

14.1%

AVERAGE SOLD PRICE

57.1%

MONTHS OF INVENTORY

100

$3.81M 6.7

COMPARED TO Q1 2021

58.7%

6.3%

53.9%

COMPARED TO Q1 2021

BALANCED MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. ZIP 30305 (FMLS), ZIP 30318 (FMLS), ZIP 30326 (FMLS), ZIP 30327 (FMLS), ZIP 30342 (FMLS), all residential, $2.5M and above, stated period versus last period and stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE CHEROKEE COUNTY | QUARTER 1 2022 $1M+ HOMES FOR SALE (END Q1)

TOTAL NEW LISTINGS

TOTAL HOMES SOLD

COMPARED TO Q1 2021

60%

AVERAGE DAYS ON MARKET

83.9%

AVERAGE SOLD PRICE

18.8%

MONTHS OF INVENTORY

$1.61M 6.8

NO CHANGE COMPARED TO Q1 2021

12.1%

COMPARED TO Q1 2021

15.1%

COMPARED TO Q1 2021

BALANCED MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. CHEROKEE COUNTY (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE

DUNWOODY & SANDY SPRINGS | QUARTER 1 2022 $1M+ HOMES FOR SALE (END Q1)

TOTAL NEW LISTINGS

TOTAL HOMES SOLD

134

282

163

COMPARED TO Q1 2021

40.4%

AVERAGE DAYS ON MARKET

17.3%

AVERAGE SOLD PRICE

4.5%

MONTHS OF INVENTORY

$1.8M

2.7

COMPARED TO Q1 2021

27.8%

4.2%

44.4%

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. ZIP 30319 (FMLS), ZIP 30327 (FMLS), ZIP 30328 (FMLS), ZIP 30338 (FMLS), ZIP 30339 (FMLS), ZIP 30342 (FMLS), ZIP 30350 (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE EAST COBB | QUARTER 1 2022 $1M+ HOMES FOR SALE (END Q1)

TOTAL NEW LISTINGS

TOTAL HOMES SOLD

COMPARED TO Q1 2021

10.5%

AVERAGE DAYS ON MARKET

3.7%

AVERAGE SOLD PRICE

12.2%

MONTHS OF INVENTORY

$1.38M 3.4

COMPARED TO Q1 2021

58.3%

2.4%

43.4%

COMPARED TO Q1 2021

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. ZIP 30062 (FMLS), ZIP 30066 (FMLS), ZIP 30067 (FMLS), ZIP 30068 (FMLS), ZIP 30075 (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE FAYETTE COUNTY | QUARTER 1 2022 $1M+ HOMES FOR SALE (END Q1)

TOTAL NEW LISTINGS

TOTAL HOMES SOLD

COMPARED TO Q1 2021

5.6%

AVERAGE DAYS ON MARKET

14.7%

AVERAGE SOLD PRICE

57.1%

MONTHS OF INVENTORY

$1.3M

4.4

COMPARED TO Q1 2021

27.6%

4.9%

61.7%

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. FAYETTE COUNTY (GAMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE FORSYTH COUNTY | QUARTER 1 2022 $1M+ HOMES FOR SALE (END Q1)

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

COMPARED TO Q1 2021

29.4%

AVERAGE DAYS ON MARKET

100%

131.6%

AVERAGE SOLD PRICE

MONTHS OF INVENTORY

$1.38M 2.4

COMPARED TO Q1 2021

59.1%

8.1%

49.6%

COMPARED TO Q1 2021

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. FORSYTH COUNTY (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE GWINNETT COUNTY | QUARTER 1 2022 $1M+ HOMES FOR SALE (END Q1)

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

COMPARED TO Q1 2021

9.8%

AVERAGE DAYS ON MARKET

31.3%

AVERAGE SOLD PRICE

30.3%

MONTHS OF INVENTORY

$1.4M

3.7

COMPARED TO Q1 2021

60.6%

8.6%

27.3%

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. GWINNETT COUNTY (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE INTOWN | QUARTER 1 2022 $1M+ HOMES FOR SALE (END Q1)

TOTAL NEW LISTINGS

TOTAL HOMES SOLD

184

102

COMPARED TO Q1 2021

37.3%

AVERAGE DAYS ON MARKET

5.7%

AVERAGE SOLD PRICE

41.7%

MONTHS OF INVENTORY

$1.61M 2.3

COMPARED TO Q1 2021

37%

11.4%

53.3%

COMPARED TO Q1 2021

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. ZIP 30306 (FMLS), ZIP 30307 (FMLS), ZIP 30308 (FMLS), ZIP 30309 (FMLS), ZIP 30312 (FMLS), ZIP 30316 (FMLS), ZIP 30317 (FMLS), ZIP 30324 (FMLS), ZIP 30329 (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE NORTH FULTON | QUARTER 1 2022 $1M+ HOMES FOR SALE (END Q1)

TOTAL NEW LISTINGS

TOTAL HOMES SOLD

131

225

106

COMPARED TO Q1 2021

18%

AVERAGE DAYS ON MARKET

32.4%

AVERAGE SOLD PRICE

24.7%

MONTHS OF INVENTORY

$1.52M 3.5

COMPARED TO Q1 2021

53.8%

8.2%

18.5%

COMPARED TO Q1 2021

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. ZIP 30004 (FMLS), ZIP 30005 (FMLS), ZIP 30009 (FMLS), ZIP 30022 (FMLS), ZIP 30075 (FMLS), ZIP 30076 (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights

LUXURY MARKET UPDATE WEST COBB | QUARTER 1 2022 $1M+ HOMES FOR SALE (END Q1)

TOTAL NEW LISTINGS

TOTAL HOMES SOLD

COMPARED TO Q1 2021

4.1%

AVERAGE DAYS ON MARKET

45.6%

AVERAGE SOLD PRICE

36.1%

MONTHS OF INVENTORY

$1.39M 3.3

COMPARED TO Q1 2021

45.3%

6.9%

24.8%

COMPARED TO Q1 2021

SELLER’S MARKET

6 months of inventory is a balanced market

Source: TrendGraphix. ZIP 30060 (FMLS), ZIP 30062 (FMLS), ZIP 30064 (FMLS), ZIP 30066 (FMLS), ZIP 30080(FMLS), ZIP 30082 (FMLS), ZIP 30101 (FMLS), ZIP 30126 (FMLS), ZIP 30127 (FMLS), ZIP 30144 (FMLS), ZIP 30152 (FMLS), ZIP 30168 (FMLS), ZIP 30339 (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.

For more information and great insights go to HarryNorman.com/Insights