LUXURY MARKET UPDATE QUARTER 1 - 2024
COMPARED
COMPARED
COMPARED
6
COMPARED
COMPARED
DAYS ON MARKET HOMES FOR SALE (END Q1) $1M - $2.5M
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE
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. 576 5.3 1,386 $1.40M 40 1,010 25.8% 13% 31.3% 0.8% 29.7% 1.8%
TO Q1 2023
For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 1 2024 Source:
COMPARED
TO Q1 2023
TO
2023
Q1
TO
2023
Q1
TO Q1 2023
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2023
Q1
SELLER’S MARKET
months
is
balanced market
of inventory
a
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $2.5M+
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METRO ATLANTA
QUARTER
2024
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. BUYER’S MARKET 6 months of inventory is a balanced market 58 17.9 290 $3.64M 86 347 26.2% 21.1% 22.4% 6.5% 20.8% 4.1% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023
TO Q1 2023
TO Q1 2023
TO Q1 2023
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LUXURY MARKET UPDATE
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COMPARED
COMPARED
COMPARED
BUCKHEAD | QUARTER 1 2024
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M - $2.5M
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For
LUXURY MARKET UPDATE
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. SELLER’S MARKET 6 months of inventory is a balanced market 97 4.5 217 $1.50M 36 144 29.4% 21.9% 4.8% 32.9% 11.9% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 17.1%
1 2024
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $2.5M+ For more information and great insights go to HarryNorman.com/Insights
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 same period prior year. The above information is believed to be accurate but is not warranted. 29 14.8 114 $4.08M 55 143 22.2% 23.6% 2.6% 7.4% 10% 13.8% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BUYER’S MARKET 6 months of inventory is a balanced market
LUXURY MARKET UPDATE BUCKHEAD | QUARTER
BROOKHAVEN | QUARTER 1 2024
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+ For more information and great insights go to HarryNorman.com/Insights
LUXURY MARKET UPDATE
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. SELLER’S MARKET 6 months of inventory is a balanced market 40 4.5 81 $1.51M 41 60 13.9% 11.1% 6.5% 73.9% 35.5% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 NO CHANGE
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+
CHEROKEE COUNTY
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. 34 8.9 111 $1.27M 60 101 20.2% 13.2% 60.9% 21.2% 70% 29.4% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BUYER’S MARKET 6 months of inventory is a balanced market
For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE
| QUARTER 1 2024
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+
TrendGraphix. COWETA COUNTY (GAMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted. 2 31.5 23 $1.01M 11 21 23.5% 82.8% 27.8% 50% 12.7% 146.7% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BUYER’S MARKET 6 months of inventory is a balanced market
For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE COWETA COUNTY | QUARTER 1 2024 Source:
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+
QUARTER
2024
TrendGraphix. DEKALB COUNTY (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted. 89 4.9 206 $1.44M 46 146 22.7% 34.8% 35.3% 26.4% 6.5% 9.2% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 SELLER’S MARKET 6 months of inventory is a balanced market
For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE DEKALB COUNTY |
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Source:
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+ For more information and great insights go to HarryNorman.com/Insights LUXURY 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. 55 5.2 140 $1.38M 40 95 9.2% 37.5% 41.4% 5.3% 57.1% 30.8% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 SELLER’S MARKET 6 months of inventory is a balanced market
UPDATE EAST COBB | QUARTER 1 2024
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+
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. 15 9 45 $1.37M 42 45 104.5% 5% 9.8% 9.3% 7.1% 91.2% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BUYER’S MARKET 6 months of inventory is a balanced market
For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE FAYETTE COUNTY | QUARTER 1 2024
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+
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. 53 5.4 133 $1.45M 29 95 46.2% 23.7% 54.7% 1.1% 71% 14.3% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 SELLER’S MARKET 6 months of inventory is a balanced market
For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE FORSYTH COUNTY | QUARTER 1 2024 Source:
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+
LUXURY
GWINNETT COUNTY | QUARTER 1 2024 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. 41 10.4 140 $1.47M 58 142 47.9% 6.5% 38.6% 0.3% 2.4% 51% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BUYER’S MARKET 6 months of inventory is a balanced market
For more information and great insights go to HarryNorman.com/Insights
MARKET UPDATE
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+
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For
LUXURY MARKET UPDATE
TrendGraphix. HALL COUNTY (FMLS), all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted. 14 20.1 74 $1.34M 65 94 56.7% 6.6% 51% 0.8% 100% 21.8% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BUYER’S MARKET 6 months of inventory is a balanced market
HALL COUNTY | QUARTER 1 2024 Source:
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+ For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE INTOWN | QUARTER 1 2024 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. 89 5.8 236 $1.57M 49 172 21.1% 32.4% 26.2% 0.2% 27.1% 4.9% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BALANCED MARKET 6 months of inventory is a balanced market
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+ For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE NORTH FULTON
QUARTER
2024 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. 140 5 329 $1.58M 45 235 14.6% 8.2% 33.2% 4.1% 50.5% 24.2% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 SELLER’S MARKET 6 months of inventory is a balanced market
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1
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+ For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE
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. 45 8.2 145 $1.40M 52 123 10.8% 8.3% 36.8% 6.5% 2.3% 7.9% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BUYER’S MARKET 6 months of inventory is a balanced market
WEST COBB | QUARTER 1 2024
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+ For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE SANDY SPRINGS & DUNWOODY | QUARTER 1 2024 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. 136 6.5 361 $1.94M 41 295 35.3% 18% 1.8% 19.6% 19.3% 13.9% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BALANCED MARKET 6 months of inventory is a balanced market
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+ For more information and great insights go to HarryNorman.com/Insights LUXURY MARKET UPDATE BLAIRSVILLE | QUARTER 1 2024 Source: TrendGraphix. Zip 30512, all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted. 1 24 4 $1.45M 105 8 60% 5% 33.3% 50% 24.3% 220% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BUYER’S MARKET 6 months of inventory is a balanced market
BLUE RIDGE | QUARTER 1 2024
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q1) $1M+
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TrendGraphix. Zip 30513, all residential, $1M+, stated period versus same period prior year. The above information is believed to be accurate but is not warranted 18 9.5 37 $1.51M 106 57 35.7% 71% 2.8% 9.9% 12.5% 20.3% COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 COMPARED TO Q1 2023 BUYER’S MARKET 6 months of inventory is a balanced market
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