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