QUARTERLY MARKET UPDATE QUARTER 3 - 2021
QUARTERLY MARKET UPDATE METRO ATLANTA | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
6826 22371 18576 Q2 2021
Q3 2020
17% 37%
AVERAGE DAYS ON MARKET
17
Q2 2021
Q3 2020
14% 54%
Q2 2021
6%
Q3 2020
Q2 2021
6%
1%
AVERAGE SOLD PRICE
4%
MONTHS OF INVENTORY
$451k Q2 2021
Q3 2020
1.1
Q3 2020
Q2 2021
2% 16%
Q3 2020
21% 33%
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.
For more information and great insights go to HarryNorman.com/Insights
QUARTERLY MARKET UPDATE BUCKHEAD | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
903 SAME AS Q2 2021
1734
Q3 2020
36%
AVERAGE DAYS ON MARKET
31
Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
17% 36%
Q2 2021
1254
Q3 2020
Q2 2021
5% 12%
9% 14%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$625k Q2 2021
5%
Q3 2020
2.2
Q3 2020
Q2 2021
3%
Q3 2020
8% 44%
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.
For more information and great insights go to HarryNorman.com/Insights
QUARTERLY MARKET UPDATE INTOWN | QUARTER 3 2021
AVERAGE NUMBER OF HOMES FOR SALE
557 Q2 2021
1164
Q3 2020
3% 35%
AVERAGE DAYS ON MARKET
25 Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
24% 19%
Q2 2021
872
Q3 2020
15% 22%
AVERAGE SOLD PRICE
3%
16%
Q3 2020
1%
MONTHS OF INVENTORY
$523k Q2 2021
Q2 2021
1.9
Q3 2020
Q2 2021
2%
Q3 2020
21% 34%
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.
For more information and great insights go to HarryNorman.com/Insights
LUXURY MARKET UPDATE QUARTER 3 - 2021
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 3 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
650 SAME AS Q2 2021
959 Q3 2020
30%
AVERAGE DAYS ON MARKET
31
Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q3 2020
Q2 2021
22%
692 Q3 2020
1%
AVERAGE SOLD PRICE
Q2 2021
19% 33%
MONTHS OF INVENTORY
$1.37M 2.8
44% 50%
Q2 2021
2%
SAME AS Q3 2020
Q3 2020
Q2 2021
Q3 2020
23% 47%
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.
For more information and great insights go to HarryNorman.com/Insights
LUXURY MARKET UPDATE METRO ATLANTA | QUARTER 3 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
206 Q2 2021
11%
167 Q3 2020
5%
AVERAGE DAYS ON MARKET
60 Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q2 2021
70 Q3 2020
Q2 2021
11% 27%
AVERAGE SOLD PRICE
1%
Q3 2020
46%
MONTHS OF INVENTORY
$3.34M 8.9 Q3 2020
5% 24%
Q2 2021
3%
Q3 2020
4%
Q2 2021
Q3 2020
9% 28%
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.
For more information and great insights go to HarryNorman.com/Insights
LUXURY MARKET UPDATE BUCKHEAD | QUARTER 3 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
132 Q2 2021
210 Q3 2020
16% 40%
AVERAGE DAYS ON MARKET
38 Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q2 2021
146 Q3 2020
20% 11%
AVERAGE SOLD PRICE
Q2 2021
Q3 2020
27% 11%
MONTHS OF INVENTORY
$1.53M 2.9 Q3 2020
17% 35%
Q2 2021
5%
Q3 2020
2%
Q2 2021
Q3 2020
22% 41%
SELLER’S MARKET
6 months of inventory is a balanced market
Source: TrendGraphix. FMLS area 21 and 22, 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.
For more information and great insights go to HarryNorman.com/Insights
LUXURY MARKET UPDATE BUCKHEAD | QUARTER 3 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
92 Q2 2021
1%
76 Q3 2020
7%
AVERAGE DAYS ON MARKET
60 Q2 2021
3%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q2 2021
12%
40 Q3 2020
9%
AVERAGE SOLD PRICE
Q2 2021
Q3 2020
2% 33%
MONTHS OF INVENTORY
$3.55M 6.9 Q3 2020
2%
Q2 2021
1%
Q3 2020
4%
Q2 2021
Q3 2020
2% 31%
BALANCED 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.
For more information and great insights go to HarryNorman.com/Insights
LUXURY MARKET UPDATE INTOWN | QUARTER 3 2021 $1M - $2.5M AVERAGE NUMBER OF HOMES FOR SALE
67 Q2 2021
97 Q3 2020
Q2 2021
9% 39%
62 Q3 2020
27% 32%
AVERAGE DAYS ON MARKET
AVERAGE SOLD PRICE
25 Q2 2021
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q2 2021
Q3 2020
29% 13%
MONTHS OF INVENTORY
$1.47M 3.4 Q3 2020
4% 40%
Q2 2021
6%
Q3 2020
Q2 2021
Q3 2020
34% 28%
4%
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.
For more information and great insights go to HarryNorman.com/Insights
LUXURY MARKET UPDATE INTOWN | QUARTER 3 2021 $2.5M+ AVERAGE NUMBER OF HOMES FOR SALE
11 Q2 2021
15 Q3 2020
43% 38%
AVERAGE DAYS ON MARKET
50 Q2 2021
3%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
Q2 2021
1 Q3 2020
Q2 2021
67% 150% 67% 67%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$2.7M Q3 2020
16%
Q3 2020
Q2 2021
11
Q3 2020
10% 5%
Q2 2021
Q3 2020
43% 69%
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.
For more information and great insights go to HarryNorman.com/Insights