QUARTERLY MARKET UPDATE QUARTER 2 - 2023
QUARTERLY MARKET UPDATE
METRO ATLANTA | QUARTER 2 2023
HOMES FOR SALE (END Q2)
8,879
TOTAL NEW LISTINGS
18,041
TOTAL HOMES SOLD
13,415
COMPARED TO Q2 2022
COMPARED TO Q2 2022
AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET
2.9% 86.7%
COMPARED TO Q2 2022
23.2% 1.3%
$542k 28
COMPARED TO Q2 2022
SELLER’S MARKET
6 months of inventory is a balanced market
COMPARED TO Q2 2022
MONTHS OF INVENTORY
2
24.8% 32.5%
COMPARED TO Q2 2022
For more information and great insights go to HarryNorman.com/Insights
TrendGraphix. Core Counties combined
DeKalb,
Gwinnett, all residential, all prices, stated period versus same period prior year. The above information is believed to be accurate but is not warranted.
Source:
- Cherokee, Cobb,
Forsyth, Fulton,
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE BUCKHEAD | QUARTER 2 2023 635 2.7 909 $932k 34 582 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. 4.4% 54.5% 21% 4.1% 28.4% 29.1% SELLER’S 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 Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE COWETA COUNTY | QUARTER 2 2023 661 1.8 798 $451k 38 398 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 Source: TrendGraphix. COWETA 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. 39.6% 90% 20% 4.6% 20% 77.3% SELLER’S MARKET 6 months of inventory is a balanced market
HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q2) For more information and great insights go to HarryNorman.com/Insights
CHEROKEE COUNTY | QUARTER 2 2023 1153 2 1583 $539k 30 757 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022
TO Q2 2022
TO Q2 2022
TrendGraphix. CHEROKEE COUNTY (FMLS), all residential, all prices, stated period versus last period. The above information is believed to be accurate but is not warranted. 3.8%
13.7% 7.6% 19.8% 32.9%
MARKET 6 months of inventory is a balanced market
TOTAL
QUARTERLY MARKET UPDATE
COMPARED
COMPARED
Source:
100%
SELLER’S
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE EAST COBB | QUARTER 2 2023 933 1.3 1125 $629k 19 402 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. The above information is believed to be accurate but is not warranted. 21.9% 46.2% 27.4% 3.6% 18.7% SELLER’S MARKET 6 months of inventory is a balanced market NO CHANGE
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY
FAYETTE COUNTY | QUARTER 2 2023 428 1.6 615 $564k 31 226 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. 8.5% 82.4% 20.2% 12.8% 23.8% 22.8% SELLER’S MARKET 6 months of inventory is a balanced market
MARKET UPDATE
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY
FORSYTH COUNTY | QUARTER 2 2023 911 1.6 1207 $639k 21 473 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. 23.7% 110% 32.6% 32.5% 14.5% SELLER’S MARKET 6 months of inventory is a balanced market NO CHANGE
MARKET UPDATE
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE GWINNETT COUNTY | QUARTER 2 2023 2799 1.9 3708 $468k 30 1778 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. 9.3% 100% 24.4% 1.1% 23.2% 18.6% SELLER’S 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 Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE INTOWN | QUARTER 2 2023 969 2.3 1367 $644k 25 755 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. 1.9% 38.9% 24.4% 6.4% 32.4% 45.1% SELLER’S 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 Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE NORTH FULTON | QUARTER 2 2023 1026 1.7 1363 $794k 19 588 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. 9% 72.7% 24.9% 6.6% 25% 21.2% SELLER’S 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 Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE WEST COBB | QUARTER 2 2023 2308 1.5 2778 $491k 27 1190 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. 9.4% 80% 25.3% 2.1% 19.3% 7.3% SELLER’S 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 Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE TRI-CITIES | QUARTER 2 2023 177 3.8 335 $327k 37 226 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. 66.2% 60.9% 14.3% 7.6% 22% 111.3% SELLER’S 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 Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE DUNWOODY & SANDY SPRINGS | QUARTER 2 2023 869 1.9 1149 $854k 23 551 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 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. 11.3% 53.3% 28.4% 4% 30.1% 26.7% SELLER’S 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 Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY
UPDATE BLUE RIDGE | QUARTER 2 2023 98 5.1 188 $700k 53 166 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 Source: TrendGraphix. Zip 30513, all residential, all prices, stated period versus same period prior year. The above information is believed to be accurate but is not warranted. 21.3% 51.4% 30.6% 3.6% 22.8% 2% BALANCED MARKET 6 months of inventory is a balanced market
MARKET
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HOMES FOR SALE (END Q2) For more information and great insights go to HarryNorman.com/Insights QUARTERLY MARKET UPDATE BLAIRSVILLE | QUARTER 2 2023 123 2.9 193 $467k 42 119 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 Source: TrendGraphix. Zip 30512, all residential, all prices, stated period versus same period prior year. The above information is believed to be accurate but is not warranted. 13.1% 61.5% 17.5% 8.4% 18.5% 7.3% SELLER’S 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 Q2) For more information and great insights go to HarryNorman.com/Insights
HALL COUNTY | QUARTER 2 2023 670 2.2 914 $495k 41 499 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 COMPARED TO Q2 2022 Source: TrendGraphix. HALL 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. 8.3% 78.3% 20.2% 0.6% 14.1% 4.8% SELLER’S MARKET 6 months of inventory is a balanced market
QUARTERLY MARKET UPDATE