QUARTERLY MARKET UPDATE QUARTER 3 - 2021
QUARTERLY MARKET UPDATE METRO ATLANTA | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
6826 22371 18576 Q2 2021
Q3 2020
17% 37%
AVERAGE DAYS ON MARKET
17
Q2 2021
Q3 2020
14% 54%
Q2 2021
6%
Q3 2020
Q2 2021
6%
1%
AVERAGE SOLD PRICE
4%
MONTHS OF INVENTORY
$451k Q2 2021
Q3 2020
1.1
Q3 2020
Q2 2021
2% 16%
Q3 2020
21% 33%
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 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 BUCKHEAD | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
903 SAME AS Q2 2021
1734
Q3 2020
36%
AVERAGE DAYS ON MARKET
31
Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
17% 36%
Q2 2021
1254
Q3 2020
Q2 2021
5% 12%
9% 14%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$625k Q2 2021
5%
Q3 2020
2.2
Q3 2020
Q2 2021
3%
Q3 2020
8% 44%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 21 & 22, 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 CHEROKEE WOODSTOCK | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
367 Q2 2021
1407
Q3 2020
Q2 2021
14% 42%
Q2 2021
Q3 2020
1287
Q3 2020
9% 10%
AVERAGE DAYS ON MARKET
17
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
AVERAGE SOLD PRICE
16% 50%
4%
Q3 2020
8%
MONTHS OF INVENTORY
$432k Q2 2021
Q2 2021
0.9
Q3 2020
2% 18%
Q2 2021
Q3 2020
13% 35%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 112, 113 & 114, 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 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
320 Q2 2021
902
Q3 2020
Q2 2021
5% 47%
11%
AVERAGE DAYS ON MARKET
21
Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
734
Q3 2020
Q2 2021
9%
7%
AVERAGE SOLD PRICE
9% 50%
6%
8%
MONTHS OF INVENTORY
$570k Q2 2021
Q3 2020
1.3
Q3 2020
Q2 2021
7%
Q3 2020
14% 51%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 121, 131, and 132, 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 EAST COBB | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
232 Q2 2021
755
Q3 2020
1% 49%
AVERAGE DAYS ON MARKET
17
Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
9% 58%
Q2 2021
704
Q3 2020
Q2 2021
26% 19%
15% 12%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$528k Q2 2021
Q3 2020
1.0
Q3 2020
Q2 2021
2% 15%
Q3 2020
20% 41%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 82 and 83, 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 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
183 Q2 2021
707
Q3 2020
18% 43%
AVERAGE DAYS ON MARKET
15
Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
8% 63%
Q2 2021
602
Q3 2020
Q2 2021
15% 2%
1%
AVERAGE SOLD PRICE
1%
12%
MONTHS OF INVENTORY
$440k Q2 2021
Q3 2020
0.9
Q3 2020
Q2 2021
12%
Q3 2020
22% 36%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. GAMLS Fayette County, 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 FORSYTH COUNTY | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
336 Q2 2021
1509
Q3 2020
31% 48%
AVERAGE DAYS ON MARKET
12
Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
Q2 2021
4%
1327
Q3 2020
6%
AVERAGE SOLD PRICE
17% 70%
1%
Q3 2020
19%
MONTHS OF INVENTORY
$526k Q2 2021
Q2 2021
Q3 2020
3% 22%
0.8 Q2 2021
Q3 2020
35% 38%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 221, 222, 223 and 224, 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 GWINNETT COUNTY | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
620 Q2 2021
2624
Q3 2020
28% 39%
AVERAGE DAYS ON MARKET
13
Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
5% 64%
Q2 2021
6%
2271
SAME AS Q3 2020
Q2 2021
5%
AVERAGE SOLD PRICE
5%
MONTHS OF INVENTORY
$422k SAME AS Q2 2021
Q3 2020
0.8
Q3 2020
22%
Q2 2021
Q3 2020
14% 37%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 61, 62, and 63, 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 INTOWN | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
557 Q2 2021
1164
Q3 2020
3% 35%
AVERAGE DAYS ON MARKET
25 Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
24% 19%
Q2 2021
872
Q3 2020
15% 22%
AVERAGE SOLD PRICE
3%
16%
Q3 2020
1%
MONTHS OF INVENTORY
$523k Q2 2021
Q2 2021
1.9
Q3 2020
Q2 2021
2%
Q3 2020
21% 34%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 23 and 24, 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 NORTH FULTON | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
471 Q2 2021
1618
Q3 2020
13% 48%
AVERAGE DAYS ON MARKET
16
SAME AS Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
59%
Q2 2021
1530
Q3 2020
16% 13%
AVERAGE SOLD PRICE
Q3 2020
8%
MONTHS OF INVENTORY
$629k Q2 2021
SAME AS Q2 2021
Q3 2020
2% 17%
1.0 Q2 2021
Q3 2020
16% 40%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 13 and 14, 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 WEST COBB | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
630 Q2 2021
2480 2229
Q3 2020
18% 35%
AVERAGE DAYS ON MARKET
14
Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
13% 53%
Q2 2021
11%
Q3 2020
4%
AVERAGE SOLD PRICE
5%
Q3 2020
4%
MONTHS OF INVENTORY
$395k SAME AS Q2 2021
Q2 2021
Q3 2020
13%
0.8 Q2 2021
Q3 2020
9% 34%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 71, 72, 73, and 74, 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 TRI-CITIES | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
94 Q2 2021
282
Q3 2020
Q2 2021
34% 39%
Q2 2021
Q3 2020
205
Q3 2020
6% 10%
AVERAGE DAYS ON MARKET
21
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
AVERAGE SOLD PRICE
3% 48%
Q3 2020
6% 37%
MONTHS OF INVENTORY
$265k SAME AS Q2 2021
Q2 2021
Q3 2020
26%
1.4 Q2 2021
Q3 2020
27% 2%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. Zip codes 30337, 30344 and 30354, 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