QUARTERLY MARKET UPDATE QUARTER 3 - 2022
QUARTERLY MARKET UPDATE METRO ATLANTA | QUARTER 3 2022
HOMES FOR SALE (END Q3)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
11264 20500 14632 68.5%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
19
11.8%
COMPARED TO Q3 2021
9.7%
COMPARED TO Q3 2021
AVERAGE SOLD PRICE
25.2%
COMPARED TO Q3 2021
MONTHS OF INVENTORY
$508k 13.1% COMPARED TO Q3 2021
2.2
114.4%
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
700 2%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
23
1066
655
COMPARED TO Q3 2021
COMPARED TO Q3 2021
17.5%
AVERAGE SOLD PRICE
$796k 23.3% 8.6%
COMPARED TO Q3 2021
TOTAL HOMES SOLD
COMPARED TO Q3 2021
33.7%
MONTHS OF INVENTORY
3
42.5%
COMPARED TO Q3 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 COWETA | QUARTER 3 2022
HOMES FOR SALE (END Q3)
402
54%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
21
8.7%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
COMPARED TO Q3 2021
936
777
COMPARED TO Q3 2021
COMPARED TO Q3 2021
0.6%
17.6%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$430k 15.3%
1.4
56.9%
COMPARED TO Q3 2021
COMPARED TO Q3 2021
SELLER’S MARKET
6 months of inventory is a balanced market
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.
For more information and great insights go to HarryNorman.com/Insights
QUARTERLY MARKET UPDATE CHEROKEE COUNTY | QUARTER 3 2022
HOMES FOR SALE (END Q3)
983
114.2%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
20
11.1%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
COMPARED TO Q3 2021
1698
1139
COMPARED TO Q3 2021
COMPARED TO Q3 2021
2.4%
AVERAGE SOLD PRICE
29.2%
MONTHS OF INVENTORY
$501k 17.6%
2.5
COMPARED TO Q3 2021
187.1%
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
666
3.9%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
18
25%
COMPARED TO Q3 2021
TOTAL HOMES SOLD
1324
969
COMPARED TO Q3 2021
COMPARED TO Q3 2021
18.1%
AVERAGE SOLD PRICE
$731k 7.8%%
COMPARED TO Q3 2021
28.7%
MONTHS OF INVENTORY
2
33.6%
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
529
46.1%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
17
6.3%
COMPARED TO Q3 2021
TOTAL HOMES SOLD
1143
987
COMPARED TO Q3 2021
COMPARED TO Q3 2021
16.2%
AVERAGE SOLD PRICE
$602k 14.7% COMPARED TO Q3 2021
24.9%
MONTHS OF INVENTORY
1.7
87.6%
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
320
66.7%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
21
40%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
COMPARED TO Q3 2021
722
543
COMPARED TO Q3 2021
COMPARED TO Q3 2021
1.7%
10.1%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$519k 17.7%
1.6
76.3%
COMPARED TO Q3 2021
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
721
111.4%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
18
50%
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
COMPARED TO Q3 2021
1403
1117
COMPARED TO Q3 2021
COMPARED TO Q3 2021
7.8%
18.5%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$605k 15%
1.9
162.1%
COMPARED TO Q3 2021
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
2623
159.7%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
19
4529
3170
COMPARED TO Q3 2021
COMPARED TO Q3 2021
4.9%
27.4%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$453k 46.2% 17.4%
COMPARED TO Q3 2021
2.4
233.5%
COMPARED TO Q3 2021
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
812
6.2%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
22
15.4%
COMPARED TO Q3 2021
TOTAL HOMES SOLD
1483
1057
COMPARED TO Q3 2021
COMPARED TO Q3 2021
21.8%
AVERAGE SOLD PRICE
$580k 13.5% COMPARED TO Q3 2021
26.7%
MONTHS OF INVENTORY
2.3
21.6%
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
666
58.6%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
17
6.3%
COMPARED TO Q3 2021
TOTAL HOMES SOLD
1348
1137
COMPARED TO Q3 2021
COMPARED TO Q3 2021
16.4%
AVERAGE SOLD PRICE
$734k 17.8%
COMPARED TO Q3 2021
29%
MONTHS OF INVENTORY
1.8
105.1%
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
TOTAL NEW LISTINGS
1642
94.3%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
3113
2377
COMPARED TO Q3 2021
COMPARED TO Q3 2021
10.5%
AVERAGE SOLD PRICE
18
$467k 28.6% 13.1%
COMPARED TO Q3 2021
TOTAL HOMES SOLD
COMPARED TO Q3 2021
26.9%
MONTHS OF INVENTORY
2
143.3%
COMPARED TO Q3 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 3 2022
HOMES FOR SALE (END Q3)
TOTAL HOMES SOLD
TOTAL NEW LISTINGS
190
84.5%
COMPARED TO Q3 2021
AVERAGE DAYS ON MARKET
21 NO CHANGE COMPARED TO Q3 2021
291
150
COMPARED TO Q3 2021
COMPARED TO Q3 2021
2.8%
29.6%
AVERAGE SOLD PRICE
MONTHS OF INVENTORY
$302k 13.5% COMPARED TO Q3 2021
3.4
158.8%
COMPARED TO Q3 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