LUXURY MARKET UPDATE QUARTER 1 - 2021
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 1 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
596 Q4 2020
944 Q1 2020
Q4 2020
23% 34%
55%
AVERAGE DAYS ON MARKET
425 Q1 2020
7%
AVERAGE SOLD PRICE
64 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q4 2020
Q1 2020
13% 50%
MONTHS OF INVENTORY
$1.37M 4.5 Q1 2020
Q4 2020
14% 27%
1%
SAME AS Q1 2020
Q4 2020
Q1 2020
7% 55%
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.
SERVICES
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 1 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
160 Q4 2020
130 Q4 2020
Q1 2020
13% 14%
31%
AVERAGE DAYS ON MARKET
35 Q4 2020
Q1 2020
8%
AVERAGE SOLD PRICE
72 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q1 2020
10% 35%
MONTHS OF INVENTORY
$3.47M 14.5 Q1 2020
Q4 2020
13% 29%
1%
Q1 2020
13%
Q4 2020
Q1 2020
5% 34%
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.
SERVICES
LUXURY MARKET UPDATE BUCKHEAD | QUARTER 1 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
156 Q4 2020
250 Q1 2020
Q4 2020
17% 18%
95 Q1 2020
71% 12%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
68 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q4 2020
9%
Q1 2020
16%
MONTHS OF INVENTORY
$1.48M 5.3 Q1 2020
Q4 2020
44% 8%
2%
Q1 2020
3%
Q4 2020
Q1 2020
6% 29%
SELLER’S 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.
SERVICES
LUXURY MARKET UPDATE BUCKHEAD | QUARTER 1 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
87 Q4 2020
5%
82 SAME AS Q1 2020
Q4 2020
17 Q1 2020
Q4 2020
41% 34%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
58 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
19%
SAME AS Q1 2020
MONTHS OF INVENTORY
$3.77M 16.6 Q1 2020
Q4 2020
23% 51%
7%
Q1 2020
19%
Q4 2020
Q1 2020
25% 7%
BUYER’S
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.
SERVICES
LUXURY MARKET UPDATE
DUNWOODY & SANDY SPRINGS | QUARTER 1 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
52 Q4 2020
81 Q1 2020
Q4 2020
41% 53%
Q1 2020
AVERAGE SOLD PRICE
63 2%
45
19% 20%
AVERAGE DAYS ON MARKET
Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
SAME AS Q4 2020
Q1 2020
29%
MONTHS OF INVENTORY
$1.43M 3.6 Q1 2020
Q4 2020
14%
5%
Q1 2020
1%
Q4 2020
Q1 2020
38% 62%
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.
SERVICES
LUXURY MARKET UPDATE
DUNWOODY & SANDY SPRINGS | QUARTER 1 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
20 Q4 2020
18 Q4 2020
Q1 2020
17% 42%
6 Q1 2020
Q4 2020
100% 10%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
81 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
14%
SAME AS Q1 2020
MONTHS OF INVENTORY
$3.28M 11.6 Q1 2020
Q4 2020
106% 19%
8%
Q1 2020
11%
Q4 2020
Q1 2020
20% 32%
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.
SERVICES
LUXURY MARKET UPDATE EAST COBB | QUARTER 1 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
34 Q4 2020
40 Q1 2020
Q4 2020
28% 48%
28 Q1 2020
29% 9%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
98 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q4 2020
Q1 2020
26% 33%
MONTHS OF INVENTORY
$1.34M 5.1 Q1 2020
Q4 2020
68% 12%
2%
Q1 2020
5%
Q4 2020
Q1 2020
11% 52%
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.
SERVICES
LUXURY MARKET UPDATE EAST COBB | QUARTER 1 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
7
3
Q4 2020
Q1 2020
Q4 2020
5% 17%
Q1 2020
SAME AS Q4 2020
40% 25%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
241 Q4 2020
1
Q4 2020
948% N/A
N/A
MONTHS OF INVENTORY
7
$2.9M Q1 2020
Q1 2020
Q1 2020
16% N/A
Q4 2020
5%
Q1 2020
17%
BUYER’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.
SERVICES
LUXURY MARKET UPDATE INTOWN | QUARTER 1 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
74 Q4 2020
134 Q1 2020
Q4 2020
15% 21%
74%
AVERAGE DAYS ON MARKET
53 Q1 2020
3%
AVERAGE SOLD PRICE
48 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q4 2020
Q1 2020
10% 33%
MONTHS OF INVENTORY
$1.36M 4.5 Q1 2020
Q4 2020
23% 36%
7%
Q1 2020
7%
Q4 2020
Q1 2020
2% 41%
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.
SERVICES
LUXURY MARKET UPDATE INTOWN | QUARTER 1 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
4 Q4 2020
6 Q1 2020
Q4 2020
4 Q1 2020
20% 20%
61% 63%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
63 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q4 2020
Q1 2020
100% 300% MONTHS OF INVENTORY
$3.27M 3 Q1 2020
156% 46%
Q4 2020
Q1 2020
18% 7%
Q4 2020
Q1 2020
68% 70%
SELLER’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.
SERVICES
LUXURY MARKET UPDATE NORTH FULTON | QUARTER 1 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
88 Q4 2020
159 Q1 2020
Q4 2020
30% 47%
75 Q1 2020
50% 26%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
58 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q4 2020
Q1 2020
11% 103%
MONTHS OF INVENTORY
$1.33M 3.8 Q1 2020
Q4 2020
11% 52%
1%
Q1 2020
6%
Q4 2020
Q1 2020
22% 72%
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.
SERVICES
LUXURY MARKET UPDATE NORTH FULTON | QUARTER 1 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
19 Q4 2020
10 Q1 2020
Q4 2020
19% 14%
4 Q1 2020
Q4 2020
9% 23%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
159 Q4 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q1 2020
20% 300%
MONTHS OF INVENTORY
$2.77M 12.3 Q1 2020
Q4 2020
34% 106% 14%
Q1 2020
2%
Q4 2020
Q1 2020
15% 44%
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.
SERVICES