LUXURY MARKET UPDATE QUARTER 2 - 2022
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 2 2022 $1M - $2.5M HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
852
1487
1022
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
26%
AVERAGE DAYS ON MARKET
TOTAL HOMES SOLD
19.2%
AVERAGE SOLD PRICE
12.3%
MONTHS OF INVENTORY
19
$1.41M 2
COMPARED TO Q2 2021
COMPARED TO Q2 2021
47.2%
0.6%
9.3%
COMPARED TO Q2 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, $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 2 2022 $2.5M+ HOMES FOR SALE (END Q2)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
260
263
102
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
39%
AVERAGE DAYS ON MARKET
46.1%
AVERAGE SOLD PRICE
37.8%
MONTHS OF INVENTORY
49
$3.55M 6.5
COMPARED TO Q2 2021
COMPARED TO Q2 2021
56.2%
3.4%
14.5%
COMPARED TO Q2 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 2 2022 $1M - $2.5M HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
128
233
180
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
11.7%
AVERAGE DAYS ON MARKET
18%
AVERAGE SOLD PRICE
22.7%
MONTHS OF INVENTORY
25
$1.54M 1.8
COMPARED TO Q2 2021
COMPARED TO Q2 2021
32.4%
4.4%
14.4%
COMPARED TO Q2 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 2 2022 $2.5M+ HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
106
103
50
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
7.1%
AVERAGE DAYS ON MARKET
12%
AVERAGE SOLD PRICE
8.7%
MONTHS OF INVENTORY
49
$3.88M 5.7
COMPARED TO Q2 2021
COMPARED TO Q2 2021
22.2%
9.7%
14.9%
COMPARED TO Q2 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 2 2022 $1M+ HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
84
90
33
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
110%
AVERAGE DAYS ON MARKET
38.5%
AVERAGE SOLD PRICE
13.2%
MONTHS OF INVENTORY
25
$1.35M 6.4
COMPARED TO Q2 2021
COMPARED TO Q2 2021
52.8%
3%
114.1%
COMPARED TO Q2 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 2 2022 $1M+ HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
212
401
274
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
5.8%
AVERAGE DAYS ON MARKET
0.2%
AVERAGE SOLD PRICE
5.5%
MONTHS OF INVENTORY
23
$1.82M 1.9
COMPARED TO Q2 2021
COMPARED TO Q2 2021
42.5%
4.4%
17.1%
COMPARED TO Q2 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, $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 2 2022 $1M+ HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
93
162
104
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
5.1%
AVERAGE DAYS ON MARKET
11.7%
AVERAGE SOLD PRICE
31.6%
MONTHS OF INVENTORY
26
$1.45M 2.2
COMPARED TO Q2 2021
COMPARED TO Q2 2021
36.6%
2%
33.2%
COMPARED TO Q2 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 2 2022 $1M+ HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
38
57
14
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
52%
AVERAGE DAYS ON MARKET
50%
AVERAGE SOLD PRICE
6.7%
MONTHS OF INVENTORY
15
$1.27M 6.8
COMPARED TO Q2 2021
COMPARED TO Q2 2021
71.7%
2.7%
66.6%
COMPARED TO Q2 2021
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 2 2022 $1M+ HOMES FOR SALE (END Q2)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
78
150
90
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
110.8%
AVERAGE DAYS ON MARKET
94.8%
69.8%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
12
$1.35M 2.1
COMPARED TO Q2 2021
COMPARED TO Q2 2021
61.3%
3.1%
15.8%
COMPARED TO Q2 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 2 2022 $1M+ HOMES FOR SALE (END Q2)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
120
134
78
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
60%
AVERAGE DAYS ON MARKET
36.7%
AVERAGE SOLD PRICE
23.8%
MONTHS OF INVENTORY
33
$1.66M 3.7
COMPARED TO Q2 2021
COMPARED TO Q2 2021
29.8%
4.4%
5.7%
COMPARED TO Q2 2021
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 2 2022 $1M+ HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
127
223
161
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
22.1%
AVERAGE DAYS ON MARKET
13.8%
AVERAGE SOLD PRICE
29.8%
MONTHS OF INVENTORY
16
$1.54M 2
COMPARED TO Q2 2021
COMPARED TO Q2 2021
48.4%
8.3%
28.5%
COMPARED TO Q2 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 2 2022 $1M+ HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
213
330
212
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
51.1%
AVERAGE DAYS ON MARKET
41%
AVERAGE SOLD PRICE
TOTAL HOMES SOLD
20.5%
MONTHS OF INVENTORY
16
$1.51M 2.5
COMPARED TO Q2 2021
COMPARED TO Q2 2021
62.8%
0.1%
18.7%
COMPARED TO Q2 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 2 2022 $1M+ HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
89
141
82
COMPARED TO Q2 2021
COMPARED TO Q2 2021
COMPARED TO Q2 2021
9.2%
AVERAGE DAYS ON MARKET
12.8%
AVERAGE SOLD PRICE
49.1%
MONTHS OF INVENTORY
20
$1.35M 2.7
COMPARED TO Q2 2021
COMPARED TO Q2 2021
56.5%
2%
39%
COMPARED TO Q2 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