Q2 2022 Market Update

Page 1

QUARTERLY MARKET UPDATE QUARTER 2 - 2022


QUARTERLY MARKET UPDATE METRO ATLANTA | QUARTER 2 2022

HOMES FOR SALE (END Q2)

9143

50.8%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

15

21.1%

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

COMPARED TO Q2 2021

23388 17422 3%

COMPARED TO Q2 2021

AVERAGE SOLD PRICE

14.4%

COMPARED TO Q2 2021

MONTHS OF INVENTORY

$536k 17.3%

COMPARED TO Q2 2021

1.1

23.2%

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, 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 2 2022

HOMES FOR SALE (END Q2)

TOTAL NEW LISTINGS

609

11.7%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

22

42.1%

COMPARED TO Q2 2021

TOTAL HOMES SOLD

1150

868

COMPARED TO Q2 2021

COMPARED TO Q2 2021

20.9%

AVERAGE SOLD PRICE

$905k 15.9% COMPARED TO Q2 2021

25.9%

MONTHS OF INVENTORY

1.7

5.6%

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, 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 2 2022

HOMES FOR SALE (END Q2)

726

83.8%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

15

6.2%

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

COMPARED TO Q2 2021

1825

1417

COMPARED TO Q2 2021

COMPARED TO Q2 2021

2.1%

AVERAGE SOLD PRICE

12.6%

MONTHS OF INVENTORY

$501k 19.6%

1.1

COMPARED TO Q2 2021

38.7%

COMPARED TO Q2 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 2 2022

HOMES FOR SALE (END Q2)

TOTAL NEW LISTINGS

621

11.4%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

15

1600

1225

COMPARED TO Q2 2021

COMPARED TO Q2 2021

17%

AVERAGE SOLD PRICE

$824k 48.3% 16.1%%

COMPARED TO Q2 2021

TOTAL HOMES SOLD

COMPARED TO Q2 2021

25.7%

MONTHS OF INVENTORY

1.1

8.1%

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, 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 2 2022

HOMES FOR SALE (END Q2)

TOTAL NEW LISTINGS

515

28.4%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

13

13.3%

COMPARED TO Q2 2021

TOTAL HOMES SOLD

1544

1132

COMPARED TO Q2 2021

COMPARED TO Q2 2021

11.6%

AVERAGE SOLD PRICE

$608k 17.6% COMPARED TO Q2 2021

24.7%

MONTHS OF INVENTORY

1

40.8%

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, 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 2 2022

HOMES FOR SALE (END Q2)

247

35.7%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

16

5.9%

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

COMPARED TO Q2 2021

772

560

COMPARED TO Q2 2021

COMPARED TO Q2 2021

7.7%

9.8%

AVERAGE SOLD PRICE

MONTHS OF INVENTORY

$500k 12.6%

1

COMPARED TO Q2 2021

40.1%

COMPARED TO Q2 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 2 2022

HOMES FOR SALE (END Q2)

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

620

150%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

9

35.7%

COMPARED TO Q2 2021

1788

1310

COMPARED TO Q2 2021

COMPARED TO Q2 2021

13.1%

7.7%

AVERAGE SOLD PRICE

MONTHS OF INVENTORY

$637k 24.9%

0.9

73%

COMPARED TO Q2 2021

COMPARED TO Q2 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 2 2022

HOMES FOR SALE (END Q2)

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

1961

124.6%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

15

NO CHANGE COMPARED TO Q2 2021

4880 3555 0.7%

13.5%

COMPARED TO Q2 2021

COMPARED TO Q2 2021

AVERAGE SOLD PRICE

MONTHS OF INVENTORY

$474k 23.4%

1.1

83.2%

COMPARED TO Q2 2021

COMPARED TO Q2 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 2 2022

HOMES FOR SALE (END Q2)

TOTAL NEW LISTINGS

741

5.1%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

18

1803

1404

COMPARED TO Q2 2021

COMPARED TO Q2 2021

15.1%

AVERAGE SOLD PRICE

$608k 43.7% 18.1%

COMPARED TO Q2 2021

TOTAL HOMES SOLD

COMPARED TO Q2 2021

21.3%

MONTHS OF INVENTORY

1.2

14.8%

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, 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 2 2022

HOMES FOR SALE (END Q2)

TOTAL NEW LISTINGS

646

48.5%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

11

1804

1330

COMPARED TO Q2 2021

COMPARED TO Q2 2021

9.6%

AVERAGE SOLD PRICE

$747k 35.3% 18.6%

COMPARED TO Q2 2021

TOTAL HOMES SOLD

COMPARED TO Q2 2021

22.6%

MONTHS OF INVENTORY

1

41%

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, 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 2 2022

HOMES FOR SALE (END Q2)

TOTAL NEW LISTINGS

1313

61.7%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

15

6.2%

COMPARED TO Q2 2021

TOTAL HOMES SOLD

3708

2798

COMPARED TO Q2 2021

COMPARED TO Q2 2021

6.4%

AVERAGE SOLD PRICE

$482k 17.8%

COMPARED TO Q2 2021

14.6%

MONTHS OF INVENTORY

1

42.5%

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, 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 2 2022

HOMES FOR SALE (END Q2)

136

91.5%

COMPARED TO Q2 2021

AVERAGE DAYS ON MARKET

23

9.5%

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

COMPARED TO Q2 2021

292

221

COMPARED TO Q2 2021

COMPARED TO Q2 2021

9.4%

6.3%

AVERAGE SOLD PRICE

MONTHS OF INVENTORY

$305k 14.7% COMPARED TO Q2 2021

1.5

49%

COMPARED TO Q2 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


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