2021 Year-To-Date Market Update

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YEAR-TO-DATE MARKET UPDATE

JANUARY - END OF SEPTEMBER 2021

2021 YEAR-TO-DATE MARKET SUMMARY Metro Atlanta has always made great strides in the housing market and stands out to be one of the best in the country. Factors such as time on market and units sold saw levels not seen in a while and it all stems from the red-hot housing market of ATL. Here, we take a glance at how each individual market has performed from January through the end of September 2021 as well as metro Atlanta as a whole.

2021 YEAR-TO-DATE MARKET UPDATE

METRO ATLANTA $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

40540

3% 20

YOY

AV SQ FT PRICE

52% $155

YOY

19%

$500K-$750K UNITS SOLD

9279

YOY

AV DAYS ON MARKET

59% 28

YOY

AV SQ FT PRICE

48% $178

YOY

9%

$750K-$1M UNITS SOLD

2674

YOY

AV DAYS ON MARKET

64% 33

YOY

AV SQ FT PRICE

42% $198

YOY

5%

$1M-$2M UNITS SOLD

YOY

AV DAYS ON MARKET

1927

76% 41

YOY

AV SQ FT PRICE

42% $238

YOY

2%

$2M+ UNITS SOLD

315

YOY

AV DAYS ON MARKET

86% 71

YOY

AV SQ FT PRICE

21% $344

YOY

7%

• Number of sales: Homes below $500k were the only segment to have experienced a decrease in the number of homes sold while more expensive homes all saw increases over 50%. • Days on market: Homes below $500k flew off the market the fastest, averaging only 20 days. • Price per square foot: Homes below $500k had the highest maturity in price per square foot with 19% while others experienced more modest change. For more information and great insights go to HarryNorman.com/Insights 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.

2021 YEAR-TO-DATE MARKET UPDATE

BUCKHEAD $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

26% 38

2348

YOY

AV SQ FT PRICE

21% $219

YOY

10%

$500K-$750K UNITS SOLD

642

YOY

AV DAYS ON MARKET

55% 39

YOY

AV SQ FT PRICE

39% $276

YOY

6%

$750K-$1M UNITS SOLD

317

YOY

AV DAYS ON MARKET

35% 39

YOY

AV SQ FT PRICE

37% $287

YOY

11%

$1M-$2M UNITS SOLD

408

YOY

AV DAYS ON MARKET

43% 42

YOY

AV SQ FT PRICE

36% $304

YOY

6%

$2M+ UNITS SOLD

159

YOY

AV DAYS ON MARKET

69% 63

YOY

AV SQ FT PRICE

24% $404

YOY

4%

• Number of sales: The number of homes sold between $500k and $750k increased 55% compared to 2020. • Days on market: All price points saw a substantial decrease in days on market. $500-$750k had greatest

decline at -39%. • Price per square foot: Homes sold between $750k and $1M had the most price per square foot gain at 11%. For more information and great insights go to HarryNorman.com/Insights

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.

2021 YEAR-TO-DATE MARKET UPDATE

DUNWOODY/SANDY SPRINGS $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

1152

11% 26

YOY

AV SQ FT PRICE

41% $183

YOY

11%

$500K-$750K UNITS SOLD

693

YOY

AV DAYS ON MARKET

42% 31

YOY

AV SQ FT PRICE

44% $194

YOY

12%

$750K-$1M UNITS SOLD

YOY

AV DAYS ON MARKET

238

97% 30

YOY

AV SQ FT PRICE

39% $200

YOY

7%

$1M-$2M UNITS SOLD

173

YOY

AV DAYS ON MARKET

43% 39

YOY

AV SQ FT PRICE

45% $228

YOY

2%

$2M+ UNITS SOLD

38

YOY

AV DAYS ON MARKET

58% 74

YOY

AV SQ FT PRICE

12% $322

YOY

4%

• Number of sales: Number of homes sold in the $750k to $1M range had the largest growth rate year-over-year

in units sold at 97%. • Days on market: All homes under $2M saw substantial declines in days on market averaging between 39-45%. • Price per square foot: Homes from $500k to $750k had the largest price per square foot growth in the area of 12%. For more information and great insights go to HarryNorman.com/Insights 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.

2021 YEAR-TO-DATE MARKET UPDATE

EAST COBB $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

1354

2% 18

YOY

AV SQ FT PRICE

51% $163

YOY

18%

$500K-$750K UNITS SOLD

535

YOY

AV DAYS ON MARKET

50% 19

YOY

AV SQ FT PRICE

57% $164

YOY

13%

$750K-$1M UNITS SOLD

194

YOY

AV DAYS ON MARKET

64% 24

YOY

AV SQ FT PRICE

63% $170

YOY

4%

$1M-$2M UNITS SOLD

128

YOY

AV DAYS ON MARKET

110% 51

YOY

AV SQ FT PRICE

50% $198

YOY

15%

$2M+ UNITS SOLD

9

YOY

200%

AV DAYS ON MARKET

96

YOY

AV SQ FT PRICE

24% $311

YOY

37%

• Number of sales: The number of homes sold over $1M saw large increases YOY. • Days on market: All price points saw a sharp decline in days on market, with everything under

$2M at least halving the average days on market. • Price per square foot: All price points saw a rise, over $2M experienced greatest increase.

For more information and great insights go to HarryNorman.com/Insights 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.

2021 YEAR-TO-DATE MARKET UPDATE

INTOWN $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

1633

17% 34

YOY

AV SQ FT PRICE

15% $290

YOY

9%

$500K-$750K UNITS SOLD

YOY

AV DAYS ON MARKET

645

31% 30

YOY

AV SQ FT PRICE

29% $309

YOY

7%

$750K-$1M UNITS SOLD

273

YOY

AV DAYS ON MARKET

YOY

AV DAYS ON MARKET

YOY

37% 37

AV SQ FT PRICE

5% $321

YOY

4%

$1M-$2M UNITS SOLD

195

YOY

46% 33

AV SQ FT PRICE

37% $360

YOY

8%

$2M+ UNITS SOLD

YOY

AV DAYS ON MARKET

24

4% 43

YOY

AV SQ FT PRICE

33% $473

YOY

11%

• Number of sales: Homes between $1M and $2M had the largest increase in units sold with a 46% increase. • Days on market: All homes in the area would average at least 30 days on market, but homes between $500k

and $750k spent the least time on market. • Price per square foot: Homes below $500k saw the greatest increase averaging $290 per square foot, up 9%. For more information and great insights go to HarryNorman.com/Insights 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.

2021 YEAR-TO-DATE MARKET UPDATE

NORTH FULTON $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

1909

18% 17

YOY

AV SQ FT PRICE

57% $181

YOY

19%

$500K-$750K UNITS SOLD

1411

YOY

AV DAYS ON MARKET

37% 21

YOY

AV SQ FT PRICE

58% $171

YOY

14%

$750K-$1M UNITS SOLD

541

YOY

AV DAYS ON MARKET

57% 25

YOY

AV SQ FT PRICE

62% $172

YOY

5%

$1M-$2M UNITS SOLD

369

YOY

AV DAYS ON MARKET

102% 39

YOY

AV SQ FT PRICE

56% $206

YOY

9%

$2M+ UNITS SOLD

46

YOY

AV DAYS ON MARKET

254% 93

YOY

AV SQ FT PRICE

28% $252

YOY

12%

• Number of sales: Although they are the smallest in units, all homes over $1M had substantial increases in sales. • Days on market: Homes between $500k and $750k spent as little as 3 weeks on the market. • Price per square foot: All homes below $500k averaged $181 per square foot, the largest increase of 19%.

For more information and great insights go to HarryNorman.com/Insights 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.

2021 YEAR-TO-DATE MARKET UPDATE

GWINNETT COUNTY $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

5267

4% 15

YOY

AV SQ FT PRICE

64% $142

YOY

21%

$500K-$750K UNITS SOLD

866

YOY

AV DAYS ON MARKET

134% 26

YOY

AV SQ FT PRICE

60% $140

YOY

12%

$750K-$1M UNITS SOLD

YOY

AV DAYS ON MARKET

148

76% 45

YOY

AV SQ FT PRICE

46% $147

YOY

14%

$1M-$2M UNITS SOLD

118

YOY

AV DAYS ON MARKET

141% 46

YOY

AV SQ FT PRICE

71% $185

YOY

13%

$2M+ UNITS SOLD

20

YOY

AV DAYS ON MARKET

400% 70

YOY

AV SQ FT PRICE

61% $266

YOY

12%

• Number of sales: Buyers in Gwinnett sought out more expensive homes with homes below $500k having

a slight decrease in sales but all other homes increased. • Days on market: With limited inventory, homes below $500k spent an average of only 15 days on the market, less than any other price range. • Price per square foot: Homes from $750k to $1M jumped the most in value averaging $147 per square foot. For more information and great insights go to HarryNorman.com/Insights 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.

2021 YEAR-TO-DATE MARKET UPDATE

FORSYTH COUNTY $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

24% 16

2259

YOY

AV SQ FT PRICE

66% $154

YOY

21%

$500K-$750K UNITS SOLD

1123

YOY

AV DAYS ON MARKET

59% 28

YOY

AV SQ FT PRICE

55% $157

YOY

13%

$750K-$1M UNITS SOLD

237

YOY

AV DAYS ON MARKET

110% 25

YOY

AV SQ FT PRICE

52% $164

YOY

5%

$1M-$2M UNITS SOLD

121

YOY

AV DAYS ON MARKET

181% 37

YOY

AV SQ FT PRICE

50% $193

YOY

8%

$2M+ UNITS SOLD

7

YOY

AV DAYS ON MARKET

250% 54

YOY

AV SQ FT PRICE

47% $314

YOY

15%

• Number of sales: With little inventory under $500k, all other price points saw increases in the number of sales. • Days on market: Homes priced under $500k averaged only 16 days on market, but all prices decreased time on

market by close to 50% or more. • Price per square foot: Homes under $500k experienced a 21% jump in price per square foot, the greatest of all price points. For more information and great insights go to HarryNorman.com/Insights 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.

2021 YEAR-TO-DATE MARKET UPDATE

CHEROKEE/WOODSTOCK $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

2856

10% 16

YOY

AV SQ FT PRICE

60% $151

YOY

19%

$500K-$750K UNITS SOLD

YOY

AV DAYS ON MARKET

578

76% 28

YOY

AV SQ FT PRICE

61% $151

YOY

14%

$750K-$1M UNITS SOLD

114

YOY

AV DAYS ON MARKET

YOY

AV DAYS ON MARKET

YOY

107% 66

AV SQ FT PRICE

2% $176

YOY

25%

$1M-$2M UNITS SOLD

73

YOY

192% 64

AV SQ FT PRICE

38% $208

YOY

27%

$2M+ UNITS SOLD

2

YOY

AV DAYS ON MARKET

100% 116

YOY

AV SQ FT PRICE

45% $301

YOY

15%

• Number of sales: The number of homes sold over $500k increased more than 75% compared to 2021. • Days on market: Homes under $750k had the highest decreases in time on market, dropping at least 60% from

the same period last year. • Price per square foot: Homes between $1M and $2M had the highest increase of price per square foot with 27%. For more information and great insights go to HarryNorman.com/Insights 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.

2021 YEAR-TO-DATE MARKET UPDATE

WEST COBB $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

5086

3% 16

YOY

AV SQ FT PRICE

55% $154

YOY

20%

$500K-$750K UNITS SOLD

YOY

AV DAYS ON MARKET

929

61% 30

YOY

AV SQ FT PRICE

46% $158

YOY

12%

$750K-$1M UNITS SOLD

176

YOY

AV DAYS ON MARKET

98% 38

YOY

AV SQ FT PRICE

34% $179

YOY

10%

$1M-$2M UNITS SOLD

YOY

AV DAYS ON MARKET

YOY

82

71% 69

AV DAYS ON MARKET

YOY

AV SQ FT PRICE

8% $206

YOY

4%

$2M+ UNITS SOLD

4

YOY

N/A 54

AV SQ FT PRICE

N/A $254

YOY

N/A

• Number of sales: With low inventory under $500k, all other price points experienced unit growth. • Days on market: The inventory that did hit the market below $500k sold fast, averaging 16 days on market. • Price per square foot: Demand under $500k pushed the highest increase in value for price per square foot

at 20% year-over-year.

For more information and great insights go to HarryNorman.com/Insights 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

2021 YEAR-TO-DATE MARKET UPDATE

FAYETTE COUNTY $0-$499K UNITS SOLD

YOY

AV DAYS ON MARKET

1254

2% 18

YOY

AV SQ FT PRICE

57% $139

YOY

17%

$500K-$750K UNITS SOLD

337

YOY

AV DAYS ON MARKET

52% 24

YOY

AV SQ FT PRICE

59% $150

YOY

5%

$750K-$1M UNITS SOLD

76

YOY

AV DAYS ON MARKET

46% 31

YOY

AV SQ FT PRICE

50% $156

YOY

4%

$1M-$2M UNITS SOLD

38

YOY

AV DAYS ON MARKET

YOY

AV DAYS ON MARKET

YOY

138% 67

AV SQ FT PRICE

11% $180

YOY

1%

$2M+ UNITS SOLD

1

YOY

N/A 227

AV SQ FT PRICE

N/A $549

YOY

N/A

• Number of sales: Most activity came from homes under $750k, but luxury homes had a 138% increase

year-over-year. • Days on market: All homes experienced a decline in time on market. Everything below $1M experienced at least a 50% drop in days on market. • Price per square foot: Lesser expensive homes had big increases in price per square foot. For more information and great insights go to HarryNorman.com/Insights

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.

2021 YEAR-TO-DATE MARKET UPDATE

TRI-CITIES $0-$399K UNITS SOLD

YOY

535

17% 25

AV DAYS ON MARKET

YOY

AV SQ FT PRICE

35% $149

YOY

19%

$400K+ UNITS SOLD

YOY

AV DAYS ON MARKET

178% 37

64

YOY

AV SQ FT PRICE

41% $177

YOY

21%

• Number of sales: The majority of sales in units came from sales of up to $400k. • Days on market: Most homes in the area spent an average time of 4-5 weeks on market. • Price per square foot: All price points saw an increase in price per square foot, resulting from an overall

increase in the area.

For more information and great insights go to HarryNorman.com/Insights Source: TrendGraphix. Zip codes 30337, 30344 and 30354, 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.

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