Luxury Market Update_Q2 2020

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LUXURY MARKET UPDATE QUARTER 2 - 2020


LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 2 2020 $1M - $2.5M

AVERAGE NUMBER OF HOMES FOR SALE

985 Q1 2020

8%

921 Q2 2019

Q1 2020

17%

4%

AVERAGE DAYS ON MARKET

310 Q2 2019

9%

AVERAGE SOLD PRICE

69 Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

Q1 2020

9%

Q2 2019

31%

MONTHS OF INVENTORY

$1.33M 9.8 Q2 2019

Q1 2020

22% 2%

3%

Q2 2019

3%

Q1 2020

1%

Q2 2019

23%

Source: TrendGraphix. Core Counties combined - Cherokee, Cobb, DeKalb, Forsyth, Fulton, Gwinnett, all residential, $1M - $2.5M stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 2 2020 $2.5M+

AVERAGE NUMBER OF HOMES FOR SALE

204 Q1 2020

9%

116

SAME AS Q2 2019

Q1 2020

3%

AVERAGE DAYS ON MARKET

21 SAME AS Q2 2019

AVERAGE SOLD PRICE

91 Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

Q1 2020

Q2 2019

19% 25%

MONTHS OF INVENTORY

$4.05M 40.3 Q2 2019

9% 10%

Q1 2020

Q2 2019

32% 5%

Q1 2020

Q2 2019

84% 75%

Source: TrendGraphix. Core Counties combined - Cherokee, Cobb, DeKalb, Forsyth, Fulton, Gwinnett, all residential, $2.5M and above, stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE BUCKHEAD | QUARTER 2 2020 $1M - $2.5M

AVERAGE NUMBER OF HOMES FOR SALE

219 Q1 2020

232 Q2 2019

15% 16%

AVERAGE DAYS ON MARKET

7%

Q1 2020

4%

83 Q2 2019

4%

AVERAGE SOLD PRICE

69 Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

Q1 2020

1%

Q2 2019

36%

MONTHS OF INVENTORY

$1.37M 7.7 Q2 2019

12%

Q1 2020

5%

Q2 2019

6%

Q1 2020

Q2 2019

6% 29%

Source: TrendGraphix. FMLS area 21 and 22, all residential, $2.5M and above, stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE BUCKHEAD | QUARTER 2 2020 $2.5M+

AVERAGE NUMBER OF HOMES FOR SALE

99 Q1 2020

15%

65 Q2 2019

Q1 2020

3%

7%

AVERAGE DAYS ON MARKET

17 SAME AS Q2 2019

AVERAGE SOLD PRICE

117 SAME AS Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

SAME AS Q1 2020

Q2 2019

15%

MONTHS OF INVENTORY

$4.57M 24.5 Q2 2019

14%

Q1 2020

Q2 2019

45% 11%

Q1 2020

Q2 2019

58% 35%

Source: TrendGraphix. FMLS area 21 and 22, all residential, $2.5M and above, stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE

DUNWOODY & SANDY SPRINGS | QUARTER 2 2020 $1M - $2.5M

AVERAGE NUMBER OF HOMES FOR SALE

106 Q1 2020

4%

89 Q2 2019

19%

AVERAGE DAYS ON MARKET

Q1 2020

39 Q2 2019

12% 23%

AVERAGE SOLD PRICE

84 Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

Q1 2020

Q2 2019

11% 41%

MONTHS OF INVENTORY

$1.44M 9.1 Q2 2019

15% 43%

Q1 2020

1%

Q2 2019

6%

Q1 2020

Q2 2019

5% 48%

Source: TrendGraphix. FMLS areas 121, 131, and 132, all residential, $1M - $2.5M, stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE

DUNWOODY & SANDY SPRINGS | QUARTER 2 2020 $2.5M+

AVERAGE NUMBER OF HOMES FOR SALE

TOTAL NEW LISTINGS

36 Q1 2020

4%

22 Q2 2019

Q1 2020

7%

Q2 2019

AVERAGE SOLD PRICE

36 Q1 2020

2

10% 16%

AVERAGE DAYS ON MARKET

$2.7M Q2 2019

48% 56%

Q1 2020

TOTAL HOMES SOLD

Q2 2019

10% 16%

Q1 2020

Q2 2019

67% 33%

MONTHS OF INVENTORY

35.7 Q1 2020

Q2 2019

108% 30%

Source: TrendGraphix. FMLS areas 121, 131, and 132, all residential, $2.5M and above, stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE EAST COBB | QUARTER 2 2020 $1M - $2.5M

AVERAGE NUMBER OF HOMES FOR SALE

71 Q1 2020

47 Q2 2019

9% 23%

AVERAGE DAYS ON MARKET

Q1 2020

11 Q2 2019

7% 29%

AVERAGE SOLD PRICE

95 Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

Q1 2020

Q2 2019

48% 45%

MONTHS OF INVENTORY

$1.31M 19.6 Q2 2019

14% 14%

Q1 2020

2%

Q2 2019

6%

Q1 2020

Q2 2019

85% 40%

Source: TrendGraphix. FMLS areas 82 and 83, all residential, $1M - $2.5M, stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE INTOWN | QUARTER 2 2020 $1M - $2.5M

AVERAGE NUMBER OF HOMES FOR SALE

110 Q1 2020

17%

142 Q2 2019

Q1 2020

2%

9%

AVERAGE DAYS ON MARKET

34 Q2 2019

19%

AVERAGE SOLD PRICE

49 Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

Q1 2020

Q2 2019

15% 48%

MONTHS OF INVENTORY

$1.46M 10.5 Q2 2019

Q1 2020

35% 3%

1%

Q2 2019

3%

Q1 2020

Q2 2019

37% 100%

Source: TrendGraphix. FMLS areas 82 and 83, all residential, $1M - $2.5M, stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE INTOWN | QUARTER 2 2020 $2.5M+

AVERAGE NUMBER OF HOMES FOR SALE

9 Q1 2020

3 Q2 2019

Q1 2020

13% 2%

2 Q2 2019

57% 40%

AVERAGE DAYS ON MARKET

AVERAGE SOLD PRICE

62 Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

Q1 2020

Q2 2019

100% 200% MONTHS OF INVENTORY

$3.32M 8.7 Q2 2019

Q1 2020

44% NA

Q2 2019

5% NA

Q1 2020

Q2 2019

13% 19%

Source: TrendGraphix. FMLS areas 82 and 83, all residential, $2.5M and above, stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE NORTH FULTON | QUARTER 2 2020 $1M - $2.5M

AVERAGE NUMBER OF HOMES FOR SALE

172 Q1 2020

145 Q2 2019

3% 20%

AVERAGE DAYS ON MARKET

Q1 2020

47 Q2 2019

15% 11%

AVERAGE SOLD PRICE

87 Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

28% 32%

Q1 2020

3%

Q2 2019

27% 20%

MONTHS OF INVENTORY

$1.3M Q2 2019

Q1 2020

Q2 2019

5%

11.3 Q1 2020

Q2 2019

18% 8%

Source: TrendGraphix. FMLS areas 13 and 14, all residential, $1M - $2.5M, stated period versus last period and stated period versus same period prior year.

SERVICES


LUXURY MARKET UPDATE NORTH FULTON | QUARTER 2 2020 $2.5M+

AVERAGE NUMBER OF HOMES FOR SALE

25 Q1 2020

12%

13 SAME AS Q1 2020

Q2 2019

1%

AVERAGE DAYS ON MARKET

100%

0 Q2 2019

63%

AVERAGE SOLD PRICE

NA Q1 2020

TOTAL HOMES SOLD

TOTAL NEW LISTINGS

Q1 2020

100%

100%

100%

Q2 2019

100%

MONTHS OF INVENTORY

NA Q2 2019

Q1 2020

24.7 Q2 2019

100%

Q1 2020

12%

Q2 2019

1%

Source: TrendGraphix. FMLS areas 13 and 14, all residential, $2.5M and above, stated period versus last period and stated period versus same period prior year.

SERVICES


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