LUXURY MARKET UPDATE QUARTER 4 - 2020
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 4 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
TOTAL NEW LISTINGS
776 Q3 2020
611 Q4 2019
Q3 2020
16% 21%
Q4 2019
AVERAGE SOLD PRICE
56 Q3 2020
487
37% 14%
AVERAGE DAYS ON MARKET
TOTAL HOMES SOLD
Q3 2020
Q4 2019
7% 53%
MONTHS OF INVENTORY
$1.38M 4.8 Q4 2019
Q3 2020
11% 27%
1%
SAME AS Q4 2019
Q3 2020
Q4 2019
10% 49%
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 4 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
184 Q3 2020
6%
99 Q3 2020
Q4 2019
1%
39 Q3 2020
Q4 2019
25% 15%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
82 Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
19%
Q4 2019
95%
MONTHS OF INVENTORY
$3.44M 15.3 Q4 2019
Q3 2020
5% 22%
Q4 2019
2% 20%
Q3 2020
Q4 2019
24% 51%
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 4 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
189 Q3 2020
14%
146 Q4 2019
Q3 2020
4%
104 Q4 2019
38% 15%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
47 Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
21%
Q4 2019
3%
MONTHS OF INVENTORY
$1.45M 5.6 Q4 2019
Q3 2020
20% 35%
4%
Q4 2019
1%
Q3 2020
12%
Q4 2019
5%
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 4 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
92 Q3 2020
7%
58 Q4 2019
Q3 2020
9%
Q4 2019
AVERAGE SOLD PRICE
76 23%
21 Q3 2020
17% 45%
AVERAGE DAYS ON MARKET
Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q4 2019
30% 75%
MONTHS OF INVENTORY
$3.53M 13.2 Q4 2019
Q3 2020
1%
4%
Q4 2019
9%
Q3 2020
Q4 2019
31% 68%
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 4 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
89 Q3 2020
7%
68 Q4 2019
Q3 2020
26%
Q4 2019
AVERAGE SOLD PRICE
61 1%
45
26% 19%
AVERAGE DAYS ON MARKET
Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
Q4 2019
10% 7%
MONTHS OF INVENTORY
$1.51M 5.9 Q4 2019
Q3 2020
16%
8%
Q4 2019
7%
Q3 2020
Q4 2019
19% 36%
SELLER’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 4 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
24 Q3 2020
9 Q4 2019
Q3 2020
23% 30%
7 Q4 2019
SAME AS Q3 2020
57% 25%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
39 Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q4 2019
133%
MONTHS OF INVENTORY
$3.0M 14.4 Q4 2019
Q3 2020
63% 74%
7%
Q4 2019
1%
Q3 2020
6%
Q4 2019
58%
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 4 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
47 Q3 2020
31 Q4 2019
Q3 2020
23% 35%
38 Q4 2019
54% 24%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
58 Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
Q4 2019
19% 217%
MONTHS OF INVENTORY
$1.32M 4.6 Q4 2019
Q3 2020
42% 45%
3%
Q4 2019
2%
Q3 2020
Q4 2019
35% 81%
SELLER’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 EAST COBB | QUARTER 4 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
7 Q3 2020
5 Q4 2019
Q3 2020
29% 83%
1 Q3 2020
Q4 2019
150% 67% N/A
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
23 Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
MONTHS OF INVENTORY
$2.5M Q3 2020
Q4 2019
N/A 23%
N/A
SAME AS Q4 2019
7.3
Q4 2019
17%
Q3 2020
Q4 2019
29% 83%
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 4 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
87 Q3 2020
77 Q4 2019
Q3 2020
21% 16%
Q4 2019
AVERAGE SOLD PRICE
39 8%
59
46% 5%
AVERAGE DAYS ON MARKET
Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
Q4 2019
17% 34%
MONTHS OF INVENTORY
$1.47M 4.6 Q4 2019
Q3 2020
17%
4%
Q4 2019
1%
Q3 2020
Q4 2019
4% 41%
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 4 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
9 Q3 2020
5 Q4 2019
Q3 2020
17% 12%
2 Q4 2019
Q3 2020
17% 38%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
25 Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
33%
SAME AS Q4 2019
MONTHS OF INVENTORY
$2.77M 9.3 Q3 2020
Q4 2019
43% 7%
Q4 2019
3% 10%
Q3 2020
Q4 2019
44% 37%
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 4 2020 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
127 Q3 2020
106 Q4 2019
Q3 2020
19% 31%
Q4 2019
AVERAGE SOLD PRICE
66 8%
84
39% 25%
AVERAGE DAYS ON MARKET
Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
Q4 2019
18% 65%
MONTHS OF INVENTORY
$1.34M 4.9 Q4 2019
Q3 2020
19%
2%
SAME AS Q4 2019
Q3 2020
5%
Q4 2019
57%
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 4 2020 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
23 Q3 2020
13%
11 SAME AS Q4 2019
Q3 2020
5 Q4 2019
SAME AS Q3 2020
35% 15%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
119 Q3 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
25% 119%
8%
400%
MONTHS OF INVENTORY
$3.2M Q4 2019
Q4 2019
14.5
Q4 2019
16%
Q3 2020
Q4 2019
11% 38%
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