QUARTERLY MARKET UPDATE QUARTER 1 - 2022
QUARTERLY MARKET UPDATE METRO ATLANTA | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
4025 17725 13945 22%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
22
26.7%
COMPARED TO Q1 2021
9.8%
COMPARED TO Q1 2021
AVERAGE SOLD PRICE
8.6%
COMPARED TO Q1 2021
Source: SYTH-F resident prior yea
MONTHS OF INVENTORY
$472k 17.1%
COMPARED TO Q1 2021
0.9
25.2%
COMPARED TO Q1 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. Core Counties combined - Cherokee, Cobb, DeKalb, Forsyth, Fulton, Gwinnett, all residential, all prices, 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
QUARTERLY MARKET UPDATE BUCKHEAD | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL NEW LISTINGS
386
48%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
40
18.4%
COMPARED TO Q1 2021
TOTAL HOMES SOLD
1070
758
COMPARED TO Q1 2021
COMPARED TO Q1 2021
20.1%
AVERAGE SOLD PRICE
$759k 12.8%
COMPARED TO Q1 2021
5.8%
MONTHS OF INVENTORY
1.5
52.5%
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, all prices, 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
QUARTERLY MARKET UPDATE CHEROKEE COUNTY | QUARTER 1 2022
HOMES FOR SALE (END Q1)
303
22.1%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
24
20%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
COMPARED TO Q1 2021
1334
1118
COMPARED TO Q1 2021
COMPARED TO Q1 2021
13.4%
AVERAGE SOLD PRICE
4.4%
MONTHS OF INVENTORY
$466k 20.7%
COMPARED TO Q1 2021
0.9
18.3%
COMPARED TO Q1 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. CHEROKEE COUNTY (FMLS), all residential, all prices, 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
QUARTERLY MARKET UPDATE
DUNWOODY & SANDY SPRINGS | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL NEW LISTINGS
297
54%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
26
40.9%
COMPARED TO Q1 2021
TOTAL HOMES SOLD
1231
999
COMPARED TO Q1 2021
COMPARED TO Q1 2021
29.4%
AVERAGE SOLD PRICE
$710k 16.4%
COMPARED TO Q1 2021
20.7%
MONTHS OF INVENTORY
0.9
55.9%
COMPARED TO Q1 2021
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, all prices, 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
QUARTERLY MARKET UPDATE EAST COBB | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL NEW LISTINGS
182
28.9%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
21
25%
COMPARED TO Q1 2021
TOTAL HOMES SOLD
1038
848
COMPARED TO Q1 2021
COMPARED TO Q1 2021
21%
AVERAGE SOLD PRICE
$517k 10.9%
COMPARED TO Q1 2021
16.8%
MONTHS OF INVENTORY
0.7
31.3%
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, all prices, 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
QUARTERLY MARKET UPDATE FAYETTE COUNTY | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
139
21.9%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
23
20.7%
COMPARED TO Q1 2021
573
432
COMPARED TO Q1 2021
COMPARED TO Q1 2021
7%
10.4%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$451k 11.6%
0.9 NO CHANGE
COMPARED TO Q1 2021
COMPARED TO Q1 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FAYETTE COUNTY (GAMLS), all residential, all prices, 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
QUARTERLY MARKET UPDATE FORSYTH COUNTY | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
192
20.3%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
17
46.9%
COMPARED TO Q1 2021
1100
839
COMPARED TO Q1 2021
COMPARED TO Q1 2021
13.7%
13.3%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$571k 27.7%
0.6
26%
COMPARED TO Q1 2021
COMPARED TO Q1 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FORSYTH COUNTY (FMLS), all residential, all prices, 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
QUARTERLY MARKET UPDATE GWINNETT COUNTY | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
745
12%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
19
20.8%
COMPARED TO Q1 2021
3673
2921
COMPARED TO Q1 2021
COMPARED TO Q1 2021
2.7%
6.4%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$426k 25.3%
0.8
14.3%
COMPARED TO Q1 2021
COMPARED TO Q1 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. GWINNETT COUNTY (FMLS), all residential, all prices, 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
QUARTERLY MARKET UPDATE INTOWN | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL NEW LISTINGS
362
55%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
32
22%
COMPARED TO Q1 2021
TOTAL HOMES SOLD
1462
1144
COMPARED TO Q1 2021
COMPARED TO Q1 2021
22.4%
AVERAGE SOLD PRICE
$565k 19.2%
COMPARED TO Q1 2021
8.3%
MONTHS OF INVENTORY
1.1
52.1%
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, all prices, 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
QUARTERLY MARKET UPDATE NORTH FULTON | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL NEW LISTINGS
276
16.1%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
18
40%
COMPARED TO Q1 2021
TOTAL HOMES SOLD
1221
860
COMPARED TO Q1 2021
COMPARED TO Q1 2021
19.2%
AVERAGE SOLD PRICE
$669k 18.2%
COMPARED TO Q1 2021
22.7%
MONTHS OF INVENTORY
0.9
18.9%
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, all prices, 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
QUARTERLY MARKET UPDATE WEST COBB | QUARTER 1 2022
HOMES FOR SALE (END Q1)
510
13%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
20
23.1%
COMPARED TO Q1 2021
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
8.4%
8.7%
2730
2233
COMPARED TO Q1 2021
COMPARED TO Q1 2021
AVERAGE SOLD PRICE
$442k 16.6% COMPARED TO Q1 2021
MONTHS OF INVENTORY
0.8
11.5%
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, all prices, 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
QUARTERLY MARKET UPDATE TRI-CITIES | QUARTER 1 2022
HOMES FOR SALE (END Q1)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
79
25.4%
COMPARED TO Q1 2021
AVERAGE DAYS ON MARKET
25
26.5%
COMPARED TO Q1 2021
262
193
COMPARED TO Q1 2021
COMPARED TO Q1 2021
21.3%
6%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$296k 27%
1.3 NO CHANGE
COMPARED TO Q1 2021
COMPARED TO Q1 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. ZIP 30337 (FMLS), ZIP 30344 (FMLS), ZIP 30354 (FMLS), all residential, all prices, 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