LUXURY MARKET UPDATE QUARTER 3 - 2020
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 3 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
TOTAL NEW LISTINGS
928 Q2 2020
6%
971 Q3 2019
Q2 2020
17%
Q3 2019
AVERAGE SOLD PRICE
63 Q2 2020
521
6% 27%
AVERAGE DAYS ON MARKET
TOTAL HOMES SOLD
Q2 2020
Q3 2019
65% 43%
MONTHS OF INVENTORY
$1.38M 5.3 Q3 2019
Q2 2020
8% 20%
3%
SAME AS Q3 2019
Q2 2020
Q3 2019
45% 44%
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 last period and stated period versus same period prior year. The above information is believed to be accurate but is not warranted.
SERVICES
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 3 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
196 Q2 2020
4%
132 Q2 2020
Q3 2019
2%
48 Q2 2020
Q3 2019
17% 31%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
78 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2019
109% 200% MONTHS OF INVENTORY
$3.50M 12.3 Q3 2019
Q2 2020
27% 28%
13%
SAME AS Q3 2019
Q2 2020
Q3 2019
69% 71%
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 last period and stated period versus same period prior year. The above information is believed to be accurate but is not warranted.
SERVICES
LUXURY MARKET UPDATE BUCKHEAD | QUARTER 3 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
219 SAME AS Q2 2020
237 Q3 2019
Q2 2020
5%
132 Q3 2019
3% 30%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
59 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q2 2020
Q3 2019
53% 35%
MONTHS OF INVENTORY
$1.51M 5.0 Q3 2019
Q2 2020
12% 12%
9%
Q3 2019
2%
Q2 2020
Q3 2019
35% 30%
SELLER’S MARKET
6 months of inventory is a balanced market
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. The above information is believed to be accurate but is not warranted.
SERVICES
LUXURY MARKET UPDATE BUCKHEAD | QUARTER 3 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
99 SAME AS Q2 2020
70 Q3 2019
Q2 2020
8%
30 Q3 2019
Q2 2020
9% 75%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
61 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2019
67% 173%
MONTHS OF INVENTORY
$3.69M 10.1 Q3 2019
Q2 2020
48% 38%
19%
Q3 2019
2%
Q2 2020
Q3 2019
59% 61%
BUYER’S
MARKET
6 months of inventory is a balanced market
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. The above information is believed to be accurate but is not warranted.
SERVICES
LUXURY MARKET UPDATE
DUNWOODY & SANDY SPRINGS | QUARTER 3 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
95 Q2 2020
92 Q3 2019
Q2 2020
10% 27%
3%
AVERAGE DAYS ON MARKET
50 Q3 2019
Q2 2020
2%
AVERAGE SOLD PRICE
62 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
28% 35%
MONTHS OF INVENTORY
$1.4M Q3 2019
Q2 2020
26% 8%
3%
Q3 2019
7.3
Q3 2019
1%
Q2 2020
Q3 2019
20% 35%
BUYER’S
MARKET
6 months of inventory is a balanced market
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. The above information is believed to be accurate but is not warranted.
SERVICES
LUXURY MARKET UPDATE
DUNWOODY & SANDY SPRINGS | QUARTER 3 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
31 Q2 2020
21 Q3 2019
Q2 2020
13% 11%
9%
AVERAGE DAYS ON MARKET
7 Q3 2019
Q2 2020
Q3 2019
250% 600%
5%
AVERAGE SOLD PRICE
105 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
MONTHS OF INVENTORY
$3.27M 13.7 Q3 2019
Q2 2020
195% 22%
Q3 2019
23% 15%
Q2 2020
62%
Q3 2019
61%
BUYER’S
MARKET
6 months of inventory is a balanced market
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. The above information is believed to be accurate but is not warranted.
SERVICES
LUXURY MARKET UPDATE EAST COBB | QUARTER 3 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
61 Q2 2020
68 Q3 2019
Q2 2020
14% 20%
Q3 2019
AVERAGE SOLD PRICE
99 5%
32 Q2 2020
45% 45%
AVERAGE DAYS ON MARKET
Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2019
191% 68%
MONTHS OF INVENTORY
$1.27M 7.0 Q3 2019
Q2 2020
15%
3%
SAME AS Q3 2019
Q2 2020
Q3 2019
64% 58%
BUYER’S
MARKET
6 months of inventory is a balanced market
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. The above information is believed to be accurate but is not warranted.
SERVICES
LUXURY MARKET UPDATE INTOWN | QUARTER 3 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
110 SAME AS Q2 2020
143 Q2 2020
SAME AS Q3 2019
71 Q3 2019
2% 35%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
42 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q2 2020
Q3 2019
97% 34%
MONTHS OF INVENTORY
$1.42M 4.7 Q3 2019
Q2 2020
12% 18%
1%
Q3 2019
1%
Q2 2020
Q3 2019
51% 30%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 23 and 24, all residential, $1M - $2.5M, 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.
SERVICES
LUXURY MARKET UPDATE INTOWN | QUARTER 3 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
8 Q2 2020
8%
6 Q3 2019
Q2 2020
17%
3 Q3 2019
Q2 2020
100% 14%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
43 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2019
50% N/A
MONTHS OF INVENTORY
$2.85M 6.5 Q3 2019
Q2 2020
31% N/A
Q3 2019
14% N/A
Q2 2020
Q3 2019
25% 33%
BUYER’S
MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS areas 23 and 24, all residential, $2.5M and above, 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.
SERVICES
LUXURY MARKET UPDATE NORTH FULTON | QUARTER 3 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
157 Q2 2020
173 Q3 2019
Q2 2020
9% 27%
103 Q3 2019
19% 27%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
61 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q2 2020
119%
Q3 2019
102%
MONTHS OF INVENTORY
$1.31M 4.7 Q3 2019
Q2 2020
30% 35%
1%
Q3 2019
4%
Q2 2020
Q3 2019
59% 65%
SELLER’S MARKET
6 months of inventory is a balanced market
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. The above information is believed to be accurate but is not warranted.
SERVICES
LUXURY MARKET UPDATE NORTH FULTON | QUARTER 3 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
27 Q2 2020
8%
17 Q3 2019
Q2 2020
1%
Q2 2020
5 Q2 2020
Q3 2019
55% 13%
AVERAGE DAYS ON MARKET
158
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
AVERAGE SOLD PRICE
Q3 2019
N/A N/A MONTHS OF INVENTORY
$2.96M 16.3
Q3 2019
Q2 2020
N/A N/A
Q3 2019
N/A N/A
Q2 2020
Q3 2019
34% 40%
BUYER’S
MARKET
6 months of inventory is a balanced market
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. The above information is believed to be accurate but is not warranted.
SERVICES