QUARTERLY MARKET UPDATE QUARTER 2 - 2022
JON HOWARD
C. 917-628-6711 O. 404-897-5558
Jon.Howard@HarryNorman.com ButchWhitfieldGroup.com
QUARTERLY MARKET UPDATE METRO ATLANTA | QUARTER 2 2022
HOMES FOR SALE (END Q2)
9143
50.8%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
15
21.1%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
COMPARED TO Q2 2021
23388 17422 3%
COMPARED TO Q2 2021
AVERAGE SOLD PRICE
14.4%
COMPARED TO Q2 2021
MONTHS OF INVENTORY
$536k 17.3%
COMPARED TO Q2 2021
1.1
23.2%
COMPARED TO Q2 2021
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 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
QUARTERLY MARKET UPDATE BUCKHEAD | QUARTER 2 2022
HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
609
11.7%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
22
42.1%
COMPARED TO Q2 2021
TOTAL HOMES SOLD
1150
868
COMPARED TO Q2 2021
COMPARED TO Q2 2021
20.9%
AVERAGE SOLD PRICE
$905k 15.9% COMPARED TO Q2 2021
25.9%
MONTHS OF INVENTORY
1.7
5.6%
COMPARED TO Q2 2021
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, all prices, 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
QUARTERLY MARKET UPDATE CHEROKEE COUNTY | QUARTER 2 2022
HOMES FOR SALE (END Q2)
726
83.8%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
15
6.2%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
COMPARED TO Q2 2021
1825
1417
COMPARED TO Q2 2021
COMPARED TO Q2 2021
2.1%
AVERAGE SOLD PRICE
12.6%
MONTHS OF INVENTORY
$501k 19.6%
1.1
COMPARED TO Q2 2021
38.7%
COMPARED TO Q2 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. CHEROKEE COUNTY (FMLS), 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.
For more information and great insights go to HarryNorman.com/Insights
QUARTERLY MARKET UPDATE
DUNWOODY & SANDY SPRINGS | QUARTER 2 2022
HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
621
11.4%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
15
1600
1225
COMPARED TO Q2 2021
COMPARED TO Q2 2021
17%
AVERAGE SOLD PRICE
$824k 48.3% 16.1%%
COMPARED TO Q2 2021
TOTAL HOMES SOLD
COMPARED TO Q2 2021
25.7%
MONTHS OF INVENTORY
1.1
8.1%
COMPARED TO Q2 2021
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, all prices, 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
QUARTERLY MARKET UPDATE EAST COBB | QUARTER 2 2022
HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
515
28.4%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
13
13.3%
COMPARED TO Q2 2021
TOTAL HOMES SOLD
1544
1132
COMPARED TO Q2 2021
COMPARED TO Q2 2021
11.6%
AVERAGE SOLD PRICE
$608k 17.6% COMPARED TO Q2 2021
24.7%
MONTHS OF INVENTORY
1
40.8%
COMPARED TO Q2 2021
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, 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.
For more information and great insights go to HarryNorman.com/Insights
QUARTERLY MARKET UPDATE FAYETTE COUNTY | QUARTER 2 2022
HOMES FOR SALE (END Q2)
247
35.7%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
16
5.9%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
COMPARED TO Q2 2021
772
560
COMPARED TO Q2 2021
COMPARED TO Q2 2021
7.7%
9.8%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$500k 12.6%
1
COMPARED TO Q2 2021
40.1%
COMPARED TO Q2 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FAYETTE COUNTY (GAMLS), all residential, all prices, 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
QUARTERLY MARKET UPDATE FORSYTH COUNTY | QUARTER 2 2022
HOMES FOR SALE (END Q2)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
620
150%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
9
35.7%
COMPARED TO Q2 2021
1788
1310
COMPARED TO Q2 2021
COMPARED TO Q2 2021
13.1%
7.7%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$637k 24.9%
0.9
73%
COMPARED TO Q2 2021
COMPARED TO Q2 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FORSYTH COUNTY (FMLS), all residential, all prices, 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
QUARTERLY MARKET UPDATE GWINNETT COUNTY | QUARTER 2 2022
HOMES FOR SALE (END Q2)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
1961
124.6%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
15
NO CHANGE COMPARED TO Q2 2021
4880 3555 0.7%
13.5%
COMPARED TO Q2 2021
COMPARED TO Q2 2021
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$474k 23.4%
1.1
83.2%
COMPARED TO Q2 2021
COMPARED TO Q2 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. GWINNETT COUNTY (FMLS), all residential, all prices, 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
QUARTERLY MARKET UPDATE INTOWN | QUARTER 2 2022
HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
741
5.1%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
18
1803
1404
COMPARED TO Q2 2021
COMPARED TO Q2 2021
15.1%
AVERAGE SOLD PRICE
$608k 43.7% 18.1%
COMPARED TO Q2 2021
TOTAL HOMES SOLD
COMPARED TO Q2 2021
21.3%
MONTHS OF INVENTORY
1.2
14.8%
COMPARED TO Q2 2021
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, all prices, 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
QUARTERLY MARKET UPDATE NORTH FULTON | QUARTER 2 2022
HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
646
48.5%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
11
1804
1330
COMPARED TO Q2 2021
COMPARED TO Q2 2021
9.6%
AVERAGE SOLD PRICE
$747k 35.3% 18.6%
COMPARED TO Q2 2021
TOTAL HOMES SOLD
COMPARED TO Q2 2021
22.6%
MONTHS OF INVENTORY
1
41%
COMPARED TO Q2 2021
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, all prices, 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
QUARTERLY MARKET UPDATE WEST COBB | QUARTER 2 2022
HOMES FOR SALE (END Q2)
TOTAL NEW LISTINGS
1313
61.7%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
15
6.2%
COMPARED TO Q2 2021
TOTAL HOMES SOLD
3708
2798
COMPARED TO Q2 2021
COMPARED TO Q2 2021
6.4%
AVERAGE SOLD PRICE
$482k 17.8%
COMPARED TO Q2 2021
14.6%
MONTHS OF INVENTORY
1
42.5%
COMPARED TO Q2 2021
SELLER’S 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, all prices, 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
QUARTERLY MARKET UPDATE TRI-CITIES | QUARTER 2 2022
HOMES FOR SALE (END Q2)
136
91.5%
COMPARED TO Q2 2021
AVERAGE DAYS ON MARKET
23
9.5%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
COMPARED TO Q2 2021
292
221
COMPARED TO Q2 2021
COMPARED TO Q2 2021
9.4%
6.3%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$305k 14.7% COMPARED TO Q2 2021
1.5
49%
COMPARED TO Q2 2021
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. ZIP 30337 (FMLS), ZIP 30344 (FMLS), ZIP 30354 (FMLS), all residential, all prices, 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
A LUXURY EXPERIENCE BUILT ON PREMIUM SERVICE AND RICH RELATIONSHIPS
JON HOWARD
C. 917-628-6711 O. 404-897-5558
Jon.Howard@HarryNorman.com ButchWhitfieldGroup.com 2020 Intown Office #1 Overall Total Closed Volume | 2020 Companywide #13 Total Closed Volume 2020 Intown Office #2 Team Total Closed Units | 2020 Companywide #23 Total Closed Units