LUXURY MARKET UPDATE
QUARTER 3 - 2023
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 3 2023 $1M - $2.5M
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
1,202 5.6%
754 2.7%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
31 24%
$1.39M 0.7%
950 6.4%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
3.8 8.7%
COMPARED TO Q3 2022
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. Core Counties combined - Cherokee, Cobb, DeKalb, Forsyth, Fulton, Gwinnett, all residential, $1M - $2.5M, 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
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 3 2023 $2.5M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
313 22.7%
COMPARED TO Q3 2022
TOTAL HOMES SOLD
245 14.5%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
63 75%
$3.57M 6.1%
COMPARED TO Q3 2022
74 17.5%
COMPARED TO Q3 2022
MONTHS OF INVENTORY
COMPARED TO Q3 2022
12.7 4.9%
COMPARED TO Q3 2022
BUYER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. Core Counties combined - Cherokee, Cobb, DeKalb, Forsyth, Fulton, Gwinnett, all residential, $2.5M and above, 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
LUXURY MARKET UPDATE BUCKHEAD | QUARTER 3 2023 $1M - $2.5M
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
141 5.2%
TOTAL HOMES SOLD
184 2.6%
102 10.5%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
34 88.9%
$1.52M 0.2%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
4.1 17%
COMPARED TO Q3 2022
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, $1M - $2.5M, 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
LUXURY MARKET UPDATE BUCKHEAD | QUARTER 3 2023 $2.5M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
142 37.9%
COMPARED TO Q3 2022
TOTAL HOMES SOLD
134 39.6%
NO CHANGE
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
52 26.8%
$3.81M 5.9%
COMPARED TO Q3 2022
30 COMPARED TO Q3 2022
MONTHS OF INVENTORY
COMPARED TO Q3 2022
14.2 37.9%
COMPARED TO Q3 2022
BUYER’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, $2.5M and above, 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
LUXURY MARKET UPDATE CHEROKEE COUNTY | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
94 19%
COMPARED TO Q3 2022
91 26.4%
46 7%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
45 2.2%
$1.44M 14.1%
COMPARED TO Q3 2022
TOTAL HOMES SOLD
COMPARED TO Q3 2022
MONTHS OF INVENTORY
6.1 10.9%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
BALANCED MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. CHEROKEE COUNTY (FMLS), all residential, $1M+, 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
LUXURY MARKET UPDATE COWETA COUNTY | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
18 14.3%
COMPARED TO Q3 2022
21 4.5%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
32 38.5%
$1.26M 3.2%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
TOTAL HOMES SOLD
10 NO CHANGE COMPARED TO Q3 2022
MONTHS OF INVENTORY
5.4 14.3%
COMPARED TO Q3 2022
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. COWETA COUNTY (GAMLS), all residential, $1M+, 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
LUXURY MARKET UPDATE DEKALB COUNTY | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
154 62.1%
COMPARED TO Q3 2022
208 42.5%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
17 10.5%
$1.44M 3.5%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
TOTAL HOMES SOLD
119 4.4%
COMPARED TO Q3 2022
MONTHS OF INVENTORY
3.9 56%
COMPARED TO Q3 2022
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. DEKALB COUNTY (FMLS), all residential, $1M+, 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
LUXURY MARKET UPDATE
DUNWOODY & SANDY SPRINGS | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
295 30.5%
COMPARED TO Q3 2022
378 22.7%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
29 31.8%
$1.79M 1.4%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
TOTAL HOMES SOLD
188 14.6%
COMPARED TO Q3 2022
MONTHS OF INVENTORY
4.7 14.5%
COMPARED TO Q3 2022
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, $1M+, 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
LUXURY MARKET UPDATE EAST COBB | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
90 5.9%
TOTAL HOMES SOLD
108 3.8%
72 24.2%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
28 12%
$1.54M 1.3%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
3.8 41%
COMPARED TO Q3 2022
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, $1M+, 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
LUXURY MARKET UPDATE FAYETTE COUNTY | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
32 11.1%
TOTAL HOMES SOLD
41 19.6%
13 38.1%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
50 51.5%
$1.27M 15.6%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
7.4 44.7%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
BUYER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FAYETTE COUNTY (GAMLS), all residential, $1M+, 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
LUXURY MARKET UPDATE FORSYTH COUNTY | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
80 9.1%
111 7.5%
87 19.2%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
25 66.7%
$1.43M 12.7%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
TOTAL HOMES SOLD
COMPARED TO Q3 2022
COMPARED TO Q3 2022
2.8 22.1%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FORSYTH COUNTY (FMLS), all residential, $1M+, 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
LUXURY MARKET UPDATE GWINNETT COUNTY | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
124 2.5%
COMPARED TO Q3 2022
106 27.7%
56 7.7%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
35 16.7%
$1.48M 6.9%
COMPARED TO Q3 2022
TOTAL HOMES SOLD
COMPARED TO Q3 2022
MONTHS OF INVENTORY
6.6 5.7%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
BALANCED MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. GWINNETT COUNTY (FMLS), all residential, $1M+, 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
LUXURY MARKET UPDATE HALL COUNTY | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
72 10.8%
COMPARED TO Q3 2022
TOTAL HOMES SOLD
56 16.4%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
74 54.2%
$2.04M 18.6%
COMPARED TO Q3 2022
27 3.6%
COMPARED TO Q3 2022
MONTHS OF INVENTORY
COMPARED TO Q3 2022
8 14.4%
COMPARED TO Q3 2022
BUYER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. HALL COUNTY (FMLS), all residential, $1M+, 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
LUXURY MARKET UPDATE INTOWN | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
162 1.9%
195 4.9%
105 11.8%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
32 3%
$1.52M 2.8%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
TOTAL HOMES SOLD
COMPARED TO Q3 2022
4.6 15%
COMPARED TO Q3 2022
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, $1M+, 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
LUXURY MARKET UPDATE NORTH FULTON | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
225 10.8%
COMPARED TO Q3 2022
254 5.4%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
34 30.8%
$1.59M 5.6%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
TOTAL HOMES SOLD
173 6%
COMPARED TO Q3 2022
MONTHS OF INVENTORY
3.9 18.1%
COMPARED TO Q3 2022
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, $1M+, 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
LUXURY MARKET UPDATE WEST COBB | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
108 0.9%
COMPARED TO Q3 2022
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
112 0.9%
78 20%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
48 45.5%
$1.37M 0.9%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
MONTHS OF INVENTORY
COMPARED TO Q3 2022
4.2 14.2%
COMPARED TO Q3 2022
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, $1M+, 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
LUXURY MARKET UPDATE BLAIRSVILLE | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
12 33.3%
COMPARED TO Q3 2022
15 114.3%
COMPARED TO Q3 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
14 84.3%
$1.33M 22.9%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
TOTAL HOMES SOLD
6 20%
COMPARED TO Q3 2022
MONTHS OF INVENTORY
6
11.1%
COMPARED TO Q3 2022
BALANCED MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. Zip 30512, all residential, $1M+, 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
LUXURY MARKET UPDATE BLUE RIDGE | QUARTER 3 2023 $1M+
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
57 21.3%
TOTAL HOMES SOLD
40 5.3%
21 16.7%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
54 92.9%
$1.54M 3.2%
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
COMPARED TO Q3 2022
8.1 3.8%
COMPARED TO Q3 2022
BUYER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. Zip 30513, all residential, $1M+, 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