QUARTERLY MARKET UPDATE QUARTER 3 - 2020
QUARTERLY MARKET UPDATE METRO ATLANTA | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
10844 23691 19371 Q2 2020
Q3 2019
Q2 2020
19% 37%
4%
AVERAGE DAYS ON MARKET
36
Q2 2020
Q3 2019
Q2 2020
6%
24% 7%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$390k
Q3 2019
Q2 2020
9% 12%
Q3 2019
1.7
Q3 2019
7% 13%
Q2 2020
Q3 2019
36% 40%
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.
SERVICES
QUARTERLY MARKET UPDATE BUCKHEAD | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
1412 Q2 2020
2%
1975
Q3 2019
Q2 2020
2%
Q2 2020
9%
1096
Q3 2019
23% 13%
AVERAGE DAYS ON MARKET
48
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
AVERAGE SOLD PRICE
$609k
Q3 2019
Q2 2020
5%
Q3 2019
7% 20%
Q2 2020
Q3 2019
33% 11%
MONTHS OF INVENTORY
3.9 Q2 2020
Q3 2019
25% 11%
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.
SERVICES
QUARTERLY MARKET UPDATE CHEROKEE WOODSTOCK | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
633 Q2 2020
1570
Q3 2019
Q2 2020
27% 38%
2%
AVERAGE DAYS ON MARKET
34 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
1406
Q3 2019
5%
AVERAGE SOLD PRICE
Q2 2020
12% 20%
9%
Q3 2019
22% 12%
MONTHS OF INVENTORY
$367k
Q3 2019
Q2 2020
Q3 2019
9%
1.3 Q2 2020
Q3 2019
43% 46%
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.
SERVICES
QUARTERLY MARKET UPDATE
DUNWOODY & SANDY SPRINGS | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
606 Q2 2020
989
Q3 2019
Q2 2020
8% 26%
Q2 2020
679
Q3 2019
15% 2%
AVERAGE DAYS ON MARKET
42
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
AVERAGE SOLD PRICE
$534k
Q3 2019
Q2 2020
15% 14%
1%
Q3 2019
13%
Q2 2020
Q3 2019
33% 5%
MONTHS OF INVENTORY
2.7 Q2 2020
Q3 2019
33% 29%
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.
SERVICES
QUARTERLY MARKET UPDATE EAST COBB | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
454 Q2 2020
930
Q3 2019
Q2 2020
15% 33%
1%
AVERAGE DAYS ON MARKET
39
Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
801
Q3 2019
6%
AVERAGE SOLD PRICE
Q2 2020
20% 1%
6%
Q3 2019
49% 23%
MONTHS OF INVENTORY
$459k
Q3 2019
Q2 2020
Q3 2019
11%
1.7
Q2 2020
Q3 2019
46% 46%
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.
SERVICES
QUARTERLY MARKET UPDATE FAYETTE COUNTY | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
323 Q2 2020
695
Q3 2019
Q2 2020
31% 36%
Q2 2020
2%
684
Q3 2019
9% 10%
AVERAGE DAYS ON MARKET
42
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
AVERAGE SOLD PRICE
Q2 2020
4%
5%
Q3 2019
40% 20%
MONTHS OF INVENTORY
$391k
Q3 2019
Q2 2020
Q3 2019
9%
1.5
Q2 2020
Q3 2019
51% 46%
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.
SERVICES
QUARTERLY MARKET UPDATE FORSYTH COUNTY | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
653 Q2 2020
1599
Q3 2019
SAME AS Q2 2020
30% 54%
AVERAGE DAYS ON MARKET
39
Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
1636
Q3 2019
4%
AVERAGE SOLD PRICE
Q2 2020
Q3 2019
8% 12%
2% 18%
Q3 2019
35% 17%
MONTHS OF INVENTORY
$431k
Q3 2019
Q2 2020
1.2 Q2 2020
Q3 2019
49% 60%
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.
SERVICES
QUARTERLY MARKET UPDATE GWINNETT COUNTY | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
1020 Q2 2020
2628
Q3 2019
Q2 2020
25% 45%
1%
AVERAGE DAYS ON MARKET
37
Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
2381
Q3 2019
4%
AVERAGE SOLD PRICE
Q2 2020
3%
7% 16%
Q3 2019
26% 13%
MONTHS OF INVENTORY
$345k
Q3 2019
Q2 2020
Q3 2019
7%
1.3 Q2 2020
Q3 2019
45% 53%
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.
SERVICES
QUARTERLY MARKET UPDATE INTOWN | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
854 Q2 2020
1493
Q3 2019
Q2 2020
10% 4%
Q2 2020
879
Q3 2019
22% 16%
AVERAGE DAYS ON MARKET
31
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
AVERAGE SOLD PRICE
Q2 2020
Q3 2019
5% 12%
20% 16%
Q3 2019
31% 6%
MONTHS OF INVENTORY
$533k
Q3 2019
Q2 2020
2.9 Q2 2020
Q3 2019
19% 9%
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.
SERVICES
QUARTERLY MARKET UPDATE NORTH FULTON | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
903 Q2 2020
1855
Q3 2019
Q2 2020
25% 44%
2%
AVERAGE DAYS ON MARKET
39 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
1666
Q3 2019
7%
AVERAGE SOLD PRICE
$539k
Q3 2019
Q2 2020
Q3 2019
7% 13%
8% 13%
Q2 2020
Q3 2019
43% 15%
MONTHS OF INVENTORY
1.6 Q2 2020
Q3 2019
50% 53%
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.
SERVICES
QUARTERLY MARKET UPDATE WEST COBB | QUARTER 3 2020
AVERAGE NUMBER OF HOMES FOR SALE
975 Q2 2020
2573
Q3 2019
Q2 2020
22% 39%
1%
AVERAGE DAYS ON MARKET
30 Q2 2020
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
2323
Q3 2019
6%
AVERAGE SOLD PRICE
Q2 2020
Q3 2019
7% 13%
13% 18%
Q3 2019
23% 9%
MONTHS OF INVENTORY
$350k
Q3 2019
Q2 2020
1.3 Q2 2020
Q3 2019
39% 44%
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.
SERVICES