July 2020 Greater Atlanta Market Analysis

Page 1

2020

Semi-Annual Report

Greater Atlanta Market Analysis

A GLANCE AT REAL ESTATE IN GREATER ATLANTA



Luxury Real Estate Sales by the Florin Popescu Group is constantly monitoring the local real estate market. This report includes figures on Greater Atlanta by price point. It is my hope that whether you are a buyer, seller, or a curious homeowner, this information provides valuable insights into the current state of the local real estate market and more specifically, the market in Greater Atlanta. I recommend using this information as a guide, then reach out to me with any questions that you may have. Also included are some intriguing articles on how to remodel your kitchen, decluttering tips, and outdoor space revamps to sell your home, all for 2020! The Florin Popescu Group has a long and successful history, over 25 years, helping buyers and sellers in every price point to reach their real estate goals. As a 17 year Georgia and Forsyth County resident, I pride myself in having the right tools and knowledge to help you navigate the real estate market. If you have any questions as you work through this document, feel free to contact me. 

Florin Popescu KW Luxury Homes International Institute for Luxury Home Marketing Keller Williams Realty florin@whereluxurylives.com (770) 891-2045

*This information within is deemed reliable, but is not guaranteed. All figures reflect single family homes in Greater Atlanta. Source FMLS.



Year in Review Total Sales and Statistics For Each Price Point BY COUNTY Here’s a quick glance at Greater Atlanta’s market sales For the past three and a half years, 2017 Through June 2020. This information is collected as of June 30, 2020.

$0 ~ $5!,000 : Forsy" NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

3888

$318,999

$317,894

2017

2017

2017

______

______

______

3700

$327,500

$328,527

2018

2018

2018

______

______

______

3582

$337,995

$336,270

2019

2019

2019

______

______

______

1552

$340,750

$340,282

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

97.8%

54

2017

2017

______

______

98%

54

2018

2018

______

______

98.1%

55

2019

2019

______

______

98.2%

53

2020

2020


$5!,000 ~ $1,000,000: Forsy" NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

694

$585,865

$614,390

2017

2017

2017

______

______

______

781

$580,000

$618,056

2018

2018

2018

______

______

______

841

$590,000

$623,664

2019

2019

2019

______

______

______

403

$580,000

$616,732

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

97.7%

67

2017

2017

______

______

97.2%

66

2018

2018

______

______

97.3%

63

2019

2019

______

______

97.7%

62

2020

2020


$1,000,000 ~ $1,5!,000: Forsy" NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

17

$1,140,000

$1,169,164

2017

2017

2017

______

______

______

32

$1,087,500

$1,134,125

2018

2018

2018

______

______

______

38

$1,177,500

$1,192,470

2019

2019

2019

______

______

______

19

$1,160,000

$1,169,877

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

91.9%

57

2017

2017

______

______

93%

77

2018

2018

______

______

95.2%

81

2019

2019

______

______

96%

70

2020

2020


$1,5!,000 and Up: Forsy" NUMBER OF SALES

AVERAGE SALES PRICE

MEDIAN SALES PRICE

3

$1,900,000

$1,854,500

2017

2017

2017

______

______

______

4

$2,065,000

$2,134,000

2018

2018

2018

______

______

______

7

$1,595,000

$1,631,571

2019

2019

2019

______

______

______

2

$1,629,250

$1,629,250

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

92.3%

83

2017

2017

______

______

87.6%

72

2018

2018

______

______

94.8%

47

2019

2019

______

______

90%

67

2020

2020



$0 ~ $5!,000: Gwinne" NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

5,000+

$202,395

$221,144

2017

2017

2017

______

______

______

5,000+

$222,000

$238,925

2018

2018

2018

______

______

______

5,000+

$239,900

$254,034

2019

2019

2019

______

______

______

5,000+

$268,178

$280,449

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

98.1%

43

2017

2017

______

______

98.6%

40

2018

2018

______

______

98.6%

43

2019

2019

______

______

98.7%

46

2020

2020


$5!,000 ~ $1,000,000: Gwinne" NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

380

$588,397

$627,572

2017

2017

2017

______

______

______

536

$570,000

$616,474

2018

2018

2018

______

______

______

559

$575,000

$616,804

2019

2019

2019

______

______

______

295

$584,100

$626,667

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

96.8%

86

2017

2017

______

______

97.2%

78

2018

2018

______

______

97.3%

70

2019

2019

______

______

97.1%

67

2020

2020


$1,000,000 ~ $1,5!,000: Gwinne" NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

40

$1,175,000

$1,179,959

2017

2017

2017

______

______

______

44

$1,200,000

$1,199,615

2018

2018

2018

______

______

______

57

$1,250,000

$1,227,726

2019

2019

2019

______

______

______

23

$1,130,000

$1,161,413

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

92.7%

96

2017

2017

______

______

94.2%

104

2018

2018

______

______

92.6%

145

2019

2019

______

______

92.7%

151

2020

2020


$1,5!,000 and Up: Gwinne" NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

12

$1,900,000

$2,175,083

2017

2017

2017

______

______

______

25

$1,790,000

$1,904,284

2018

2018

2018

______

______

______

16

$1,862,500

$1,939,092

2019

2019

2019

______

______

______

4

$1,556,250

$1,786,875

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

89.4%

160

2017

2017

______

______

94.4%

172

2018

2018

______

______

91.4%

254

2019

2019

______

______

94.2%

158

2020

2020



$0 ~ $5!,000: No#h Fulton NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

2,414

$360,000

$359,324

2017

2017

2017

______

______

______

2,113

$$367,500

$364,198

2018

2018

2018

______

______

______

2,127

$374,900

$372,839

2019

2019

2019

______

______

______

918

$380,000

$375,254

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

98.2%

34

2017

2017

______

______

98.1%

34

2018

2018

______

______

97.9%

41

2019

2019

______

______

98.2%

45

2020

2020


$5!,000 ~ $1,000,000: No#h Fulton NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

1,180

$$615,000

$650,712

2017

2017

2017

______

______

______

1,313

$625,000

$656,566

2018

2018

2018

______

______

______

1,452

$627,250

$657,835

2019

2019

2019

______

______

______

672

$635,000

$663,391

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

97.5%

67

2017

2017

______

______

97.7%

59

2018

2018

______

______

97.8%

60

2019

2019

______

______

97.9%

54

2020

2020


$1,000,000 ~ $1,5!,000: No#h Fulton NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

108

$1,189,651

$1,206,374

2017

2017

2017

______

______

______

128

$1,162,500

$1,181,875

2018

2018

2018

______

______

______

137

$1,175,000

$1,202,816

2019

2019

2019

______

______

______

65

$1,150,000

$1,171,956

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

94.5%

100

2017

2017

______

______

94.8%

84

2018

2018

______

______

96.1%

96

2019

2019

______

______

95.7%

82

2020

2020


$1,5!,000 and Up: No#h Fulton NUMBER OF SALES

MEDIAN SALES PRICE

AVERAGE SALES PRICE

38

$1,749,500

$1,955,602

2017

2017

2017

______

______

______

51

$1,759,504

$2,089,625

2018

2018

2018

______

______

______

61

$1,784,359

$2,001,606

2019

2019

2019

______

______

______

20

$1,698,198

$1,826,983

2020

2020

2020

AVERAGE SALES TO LIST PRICE

AVERAGE DAYS ON MARKET

95.4%

141

2017

2017

______

______

91.1%

148

2018

2018

______

______

95%

103

2019

2019

______

______

96.1%

102

2020

2020




Who You Work With Matters in Greater Atlanta! Why Work Wi" Flo#n?

Our sellers net an average of 2% more and sell 33 days faster. Over 25 Years of Experience Working for YOU!!

Georgia & Forsyth County Resident for 17 Years!

Google Client Rating: 5 Gold Stars!


Florin Is Selling Greater Atlanta!

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EXQUISITE DETAILS! 8820 Colonial Place

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- Who You Work With MATTERS! -

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- Who You Work With MATTERS! -

SOLD! 8765 Sawgrass Way

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SOLD! 5030 St. Simons Lane


How to Remodel Your Kitchen

You’ve decided to remodel your kitchen. Now what? Not knowing where to start, many homeowners start by looking at kitchen appliances. Others collect inspiring kitchen photos. Some homeowners decide they need more room. Others simply want to upgrade their current kitchen. Homeowners may find themselves in this exploration stage for a year or longer before they start interviewing kitchen designers or general contractors. Click here to follow these start-to-finish steps to achieve a successful kitchen remodel.


The 27 Greatest Decluttering Tips of All Time!

Decluttering is just editing your home. And since your home story is always being written, decluttering is a never-ending task. Find 27 tips here!


6 Outdoor Space Revamps That’ll Help Sell Your House

You’ve probably spent hours decluttering your home, removing personal items, and ticking off the boxes on your realtor’s staging checklist. But did you neglect your outdoor spaces? Savvy buyers expect more than a yard with overgrown perennials, so it’s worth considering elevating yours. Here you will find six revamps to help sell your home!


Uncompromised, Personalized Service

Who You Work With Matters in Greater Atlanta!

florin@whereluxurylives.com (770) 891-2045 www.whereluxurylives.com 3325 Paddocks Parkway, Suite 190, Suwanee, GA 30024


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