LUXURY MARKET UPDATE
QUARTER 4 - 2023
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 4 2023 $1M - $2.5M
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
839 14.8%
902 28.1%
625 25.5%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
37 2.8%
$1.42M 0.9%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
4 9.1%
COMPARED TO Q4 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 4 2023 $2.5M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
302 22.8%
COMPARED TO Q4 2022
TOTAL HOMES SOLD
193 27.8%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
63 8.6%
$3.51M 3.7%
COMPARED TO Q4 2022
67 48.9%
COMPARED TO Q4 2022
MONTHS OF INVENTORY
COMPARED TO Q4 2022
13.5 17.7%
COMPARED TO Q4 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 4 2023 $1M - $2.5M
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
111 NO CHANGE COMPARED TO Q4 2022
138 26.6%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
39 14.7%
$1.58M 3.1%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
TOTAL HOMES SOLD
96 2%
COMPARED TO Q4 2022
MONTHS OF INVENTORY
3.5 2.9%
COMPARED TO Q4 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 4 2023 $2.5M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
145 57.6%
COMPARED TO Q4 2022
TOTAL HOMES SOLD
91 46.8%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
41 64%
$3.83M 9%
COMPARED TO Q4 2022
36 80%
COMPARED TO Q4 2022
MONTHS OF INVENTORY
COMPARED TO Q4 2022
12.1 12.3%
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
86 3.6%
TOTAL HOMES SOLD
81 35%
41 51.9%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
44 15.4%
$1.54M 9.5%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
6.3 31.4%
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
16 23.1%
COMPARED TO Q4 2022
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
8 60%
6 20%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
37 15.6%
$1.65M 46.8%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
MONTHS OF INVENTORY
COMPARED TO Q4 2022
8 2.6%
COMPARED TO Q4 2022
BUYER’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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
123 30.9%
COMPARED TO Q4 2022
143 10%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
28 12.5%
$1.41M 1.3%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
TOTAL HOMES SOLD
89 18.7%
COMPARED TO Q4 2022
MONTHS OF INVENTORY
4.1 8%
COMPARED TO Q4 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 EAST COBB | QUARTER 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
69 2.8%
55 11.3%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
43 7.5%
$1.51M 2.5%
3.8 5.6%
69 6.8%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
40 81.8%
COMPARED TO Q4 2022
TOTAL HOMES SOLD
43 79.2%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
30 53.8%
$1.42M 10.5%
COMPARED TO Q4 2022
13 18.2%
COMPARED TO Q4 2022
MONTHS OF INVENTORY
9.2 53.3%
COMPARED TO Q4 2022
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
75 15.4%
COMPARED TO Q4 2022
76 35.7%
61 110.3%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
38 40.7%
$1.44M 8.7%
COMPARED TO Q4 2022
TOTAL HOMES SOLD
COMPARED TO Q4 2022
MONTHS OF INVENTORY
3.7 44.6%
COMPARED TO Q4 2022
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
122 18.4%
COMPARED TO Q4 2022
TOTAL HOMES SOLD
85 49.1%
53 178.9%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
66 13.8%
$1.51M 4%
6.9 57.8%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
70 52.2.%
44 51.7%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
79 113.5%
$1.64M 15.6%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
24 60%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
MONTHS OF INVENTORY
COMPARED TO Q4 2022
8.8 4.3%
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
137 7%
COMPARED TO Q4 2022
160 37.9%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
33 3.1%
$1.52M 6.7%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
TOTAL HOMES SOLD
90 12.5%
COMPARED TO Q4 2022
MONTHS OF INVENTORY
4.6 4.2%
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
196 10.1%
TOTAL HOMES SOLD
184 19.5%
149 36.7%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
36 2.9%
$1.52M 6.6%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
3.9 20.4%
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
97 31.1%
49 4.3%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
57 6.6%
$1.29M 9.1%
106 16.5%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
6.5 12.1%
COMPARED TO Q4 2022
BALANCED 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
SANDY SPRINGS & DUNWOODY | QUARTER 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
260 46.1%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
267 40.5%
COMPARED TO Q4 2022
AVERAGE SOLD PRICE
31
$1.89M NO CHANGE 3.8% COMPARED TO Q4 2022
COMPARED TO Q4 2022
TOTAL HOMES SOLD
158 21.5%
COMPARED TO Q4 2022
MONTHS OF INVENTORY
4.9 19.5%
COMPARED TO Q4 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 BLAIRSVILLE | QUARTER 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
11 120%
COMPARED TO Q4 2022
5
66.7%
COMPARED TO Q4 2022
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
47 24.2%
$1.43M 4.4%
COMPARED TO Q4 2022
COMPARED TO Q4 2022
TOTAL HOMES SOLD
4 NO CHANGE COMPARED TO Q4 2022
MONTHS OF INVENTORY
8.3 120%
COMPARED TO Q4 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 4 2023 $1M+
HOMES FOR SALE (END Q4)
TOTAL NEW LISTINGS
TOTAL HOMES SOLD
65 80.6%
45 125%
16 33.3%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
COMPARED TO Q4 2022
COMPARED TO Q4 2022
COMPARED TO Q4 2022
117 $1.55M 148.9% 13.7% COMPARED TO Q4 2022
COMPARED TO Q4 2022
12.2 35.6%
COMPARED TO Q4 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