INSIGHTS QUARTERLY MARKET UPDATE
QUARTER 3 - 2022
ABOUT ME
I’ve lived in the Atlanta area for over 30 years but I lived in Miami, Washington D.C., and Cincinnati. I retired from the U.S. Department of Treasury after more than 30 years of public service. I’ve served on many homeowner association boards, volunteer at the Midtown Assistance Center, and as a UGA Master Gardener, I give back to my local community. I stay fit by playing ALTA and USTA tennis and live with my family in the Henderson Park area.
TELEPHONE 770-826-1409
CREDENTIALS
• Atlanta REALTORS® Association Top Producer
• Accredited Buyer’s Representative
• Accredited Relocation Specialist
• Senior Marketing Consultant
• 55+ Realty Advisor
HARRY NORMAN, REALTORS®
Since 1930, Harry Norman, REALTORS® has been the paramount name in Atlanta real estate. I am proud to call The Atlanta Perimeter Office home and I’m supported by over 800 sales associates across the metro area. Harry Norman, REALTORS® offers a full range of services, depth of professional knowledge, and decades of experience and perspective that you will not find anywhere else. How may
I serve you?
THE ATLANTA PERIMETER OFFICE
4848 Ashford Dunwoody Road • Atlanta, GA 30338 770-394-2131 Office • HarryNorman.com
tim.lynn@harrynorman.com
WEBSITE
tim.lynn.harrynorman.com
Luxury is all in what matters most to you when buying, selling or simply thinking about the Metro Atlanta residential real estate market. Let me know how I can provide you with the luxury of concierge service at any price point.
TIM LYNN REALTOR ®
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 655 3 1066 $796k23 700 QUARTERLY MARKET UPDATE BUCKHEAD | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 2% 23.3% 17.5% 8.6% 33.7% 42.5% TIM LYNN, REALTOR® (C) 770-826-1409 | (O) 770-394-2131 Tim.Lynn@HarryNorman.com TimLynnWeb.HarryNorman.com
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 1139 2.5 1698 $501k20 983 QUARTERLY MARKET UPDATE CHEROKEE COUNTY | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 114.2% 11.1% 2.4% 17.6% 29.2% 187.1%
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 777 1.4 936 $430k21 402 QUARTERLY MARKET UPDATE COWETA | QUARTER 3 2022 Source: TrendGraphix. COWETA 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 54% 8.7% 0.6% 15.3% 17.6% 56.9%
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 969 2 1324 $731k18 666 QUARTERLY MARKET UPDATE DUNWOODY & SANDY SPRINGS | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 3.9% 25% 18.1% 7.8%% 28.7% 33.6% TIM LYNN, REALTOR® (C) 770-826-1409 | (O) 770-394-2131 Tim.Lynn@HarryNorman.com TimLynnWeb.HarryNorman.com
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 987 1.7 1143 $602k17 529 QUARTERLY MARKET UPDATE EAST COBB | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 46.1% 6.3% 16.2% 14.7% 24.9% 87.6%
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 543 1.6 722 $519k21 320 QUARTERLY MARKET UPDATE FAYETTE COUNTY | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 66.7% 40% 1.7% 17.7% 10.1% 76.3%
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 1117 1.9 1403 $605k18 721 QUARTERLY MARKET UPDATE FORSYTH COUNTY | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 111.4% 50% 7.8% 15% 18.5% 162.1%
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 3170 2.4 4529 $453k19 2623 QUARTERLY MARKET UPDATE GWINNETT COUNTY | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 159.7% 4.9% 17.4%46.2% 27.4% 233.5% TIM LYNN, REALTOR® (C) 770-826-1409 | (O) 770-394-2131 Tim.Lynn@HarryNorman.com TimLynnWeb.HarryNorman.com
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 1057 2.3 1483 $580k22 812 QUARTERLY MARKET UPDATE INTOWN | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 6.2% 15.4% 21.8% 13.5% 26.7% 21.6% TIM LYNN, REALTOR® (C) 770-826-1409 | (O) 770-394-2131 Tim.Lynn@HarryNorman.com TimLynnWeb.HarryNorman.com
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 14632 2.2 20500 $508k19 11264 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 QUARTERLY MARKET UPDATE METRO ATLANTA | QUARTER 3 2022 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. 68.5% 11.8% 9.7% 13.1% 25.2% 114.4% SELLER’S MARKET 6 months of inventory is a balanced market TIM LYNN, REALTOR® (C) 770-826-1409 | (O) 770-394-2131 Tim.Lynn@HarryNorman.com TimLynnWeb.HarryNorman.com
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 1137 1.8 1348 $734k17 666 QUARTERLY MARKET UPDATE NORTH FULTON | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 58.6% 6.3% 16.4% 17.8% 29% 105.1% TIM LYNN, REALTOR® (C) 770-826-1409 | (O) 770-394-2131 Tim.Lynn@HarryNorman.com TimLynnWeb.HarryNorman.com
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 150 3.4 291 $302k21 190 QUARTERLY MARKET UPDATE TRI-CITIES | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 84.5% 2.8% 13.5% 29.6% 158.8%NO CHANGE TIM LYNN, REALTOR® (C) 770-826-1409 | (O) 770-394-2131 Tim.Lynn@HarryNorman.com TimLynnWeb.HarryNorman.com
TOTAL HOMES SOLD MONTHS OF INVENTORY TOTAL NEW LISTINGS AVERAGE SOLD PRICEAVERAGE DAYS ON MARKET HOMES FOR SALE (END Q3) For more information and great insights go to HarryNorman.com/Insights 2377 2 3113 $467k18 1642 QUARTERLY MARKET UPDATE WEST COBB | QUARTER 3 2022 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. SELLER’S MARKET 6 months of inventory is a balanced market COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 COMPARED TO Q3 2021 94.3% 28.6% 10.5% 13.1% 26.9% 143.3% TIM LYNN, REALTOR® (C) 770-826-1409 | (O) 770-394-2131 Tim.Lynn@HarryNorman.com TimLynnWeb.HarryNorman.com
TIM LYNN, REALTOR® (C) 770-826-1409 | (O) 770-394-2131
Tim.Lynn@HarryNorman.com
TimLynnWeb.HarryNorman.com
(O) 770-394-2131
HarryNorman.com
Atlanta Perimeter Office • 4848 Ashford Dunwoody Road, Atlanta, GA 30338 •
•