LUXURY MARKET UPDATE QUARTER 2 - 2021
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 2 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
TOTAL NEW LISTINGS
650 Q1 2021
1233 Q2 2020
9% 34%
AVERAGE DAYS ON MARKET
56
Q1 2021
Q2 2020
13% 18%
Q1 2021
855
Q2 2020
31% 35%
AVERAGE SOLD PRICE
$1.4M Q1 2021
2%
TOTAL HOMES SOLD
Q2 2020
5%
Q1 2021
Q2 2020
101% 171% MONTHS OF INVENTORY
2.3 Q1 2021
Q2 2020
49% 76%
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 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 METRO ATLANTA | QUARTER 2 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
186 Q1 2021
16%
187 Q2 2020
9%
AVERAGE DAYS ON MARKET
63 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q1 2021
69 Q2 2020
Q1 2021
44% 65%
AVERAGE SOLD PRICE
Q2 2020
97% 200%
MONTHS OF INVENTORY
$3.46M 8.2 Q2 2020
12% 41%
SAME AS Q1 2021
Q2 2020
14%
Q1 2021
Q2 2020
44% 79%
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 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 BUCKHEAD | QUARTER 2 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
157 Q1 2021
1%
263 Q2 2020
28%
AVERAGE DAYS ON MARKET
33 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q1 2021
5%
201 Q2 2020
14%
AVERAGE SOLD PRICE
Q1 2021
Q2 2020
112% 134%
MONTHS OF INVENTORY
$1.46M 2.4 Q2 2020
52% 52%
Q1 2021
1%
Q2 2020
6%
Q1 2021
Q2 2020
54% 69%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS area 21 and 22, all residential, $1M - $2.5M, 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 BUCKHEAD | QUARTER 2 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
91 Q1 2021
5%
86 Q2 2020
8%
AVERAGE DAYS ON MARKET
62 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q1 2021
41 Q2 2020
5% 34%
AVERAGE SOLD PRICE
Q1 2021
Q2 2020
141% 128% MONTHS OF INVENTORY
$3.52M 6.8 Q2 2020
7% 48%
Q1 2021
Q2 2020
7% 23%
Q1 2021
Q2 2020
59% 72%
BALANCED MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS area 21 and 22, 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
DUNWOODY & SANDY SPRINGS | QUARTER 2 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
43 Q1 2021
99 Q2 2020
18% 60%
AVERAGE DAYS ON MARKET
46 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q1 2021
81 Q2 2020
22% 11%
AVERAGE SOLD PRICE
Q1 2021
Q2 2020
80% 108% MONTHS OF INVENTORY
$1.54M 1.6 Q2 2020
26% 45%
Q1 2021
8%
Q2 2020
7%
Q1 2021
Q2 2020
57% 83%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 121, 131, and 132, all residential, $1M - $2.5M, 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
DUNWOODY & SANDY SPRINGS | QUARTER 2 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
24 Q1 2021
23 Q2 2020
Q1 2021
20% 33%
28%
AVERAGE DAYS ON MARKET
6 SAME AS Q2 2020
AVERAGE SOLD PRICE
50 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
SAME AS Q1 2021
Q2 2020
200%
MONTHS OF INVENTORY
$3.53M 12 Q2 2020
38% 41%
Q1 2021
Q2 2020
8% 33%
Q1 2021
Q2 2020
3% 66%
BUYER’S
MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 121, 131, and 132, 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 EAST COBB | QUARTER 2 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
43 Q1 2021
92 Q2 2020
Q1 2021
26% 39%
51 Q2 2020
Q1 2021
Q2 2020
130% 96% 82% 364%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
38 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
MONTHS OF INVENTORY
$1.37M 2.7 Q2 2020
61% 60%
Q1 2021
2%
Q2 2020
Q1 2021
Q2 2020
47% 86%
4%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 82 and 83, all residential, $1M - $2.5M, 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 EAST COBB | QUARTER 2 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
5 Q1 2021
3 Q2 2020
24% 11%
AVERAGE DAYS ON MARKET
32 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
3
SAME AS Q1 2021
Q2 2020
50%
AVERAGE SOLD PRICE
Q1 2021
Q2 2020
200% N/A
MONTHS OF INVENTORY
$4.77M 5.3 Q2 2020
87% N/A
Q1 2021
Q2 2020
64% N/A
Q1 2021
Q2 2020
24% 11%
BALANCED MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 82 and 83, 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 INTOWN | QUARTER 2 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
73 Q1 2021
1%
133 Q2 2020
34%
AVERAGE DAYS ON MARKET
26 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q1 2021
1%
87 Q2 2020
Q1 2021
5%
Q2 2020
64% 142%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$1.39M 2.5 Q2 2020
45% 45%
Q1 2021
2%
Q2 2020
Q1 2021
Q2 2020
43% 74%
3%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 23 and 24, all residential, $1M - $2.5M, 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 INTOWN | QUARTER 2 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
8 Q1 2021
9 Q2 2020
Q1 2021
109% 12%
3 Q2 2020
Q1 2021
50% 200% 25%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
48 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q2 2020
50%
MONTHS OF INVENTORY
$2.99M 7.7 Q2 2020
23% 22%
Q1 2021
Q2 2020
8% 10%
Q1 2021
Q2 2020
156% 12%
BUYER’S
MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 23 and 24, 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 NORTH FULTON | QUARTER 2 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
95 Q1 2021
204 Q2 2020
7% 45%
AVERAGE DAYS ON MARKET
39 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q1 2021
163
Q2 2020
Q1 2021
28% 41%
Q2 2020
117% 247%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$1.42M 1.7 Q2 2020
33% 55%
Q1 2021
7%
Q2 2020
Q1 2021
Q2 2020
54% 85%
9%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 13 and 14, all residential, $1M - $2.5M, 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 NORTH FULTON | QUARTER 2 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
27 Q1 2021
32 Q2 2020
44% 11%
AVERAGE DAYS ON MARKET
53 Q1 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q1 2021
8 Q2 2020
Q1 2021
Q2 2020
220% 191% 100% N/A AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$2.85M 14.3 Q2 2020
67% N/A
Q1 2021
Q2 2020
3% N/A
Q1 2021
Q2 2020
16% 42%
BUYER’S
MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 13 and 14, 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