2018 Q1 Market Intelligence

Page 59

ATLANTA MARKET INTELLIGENCE | 1Q18 | FMLS AREA 24 | CONDOS

59 11

ATLANTA MARKET INTELLIGENCE | 1Q18 | FMLS AREA 24 | CONDOS

SUPPLY DYNAMICS The number of active condo listings in FMLS Area 24 decreased 33.3% on a year-over-year basis from 9 in March 2017 to 6 in March 2018. The number of new condo listings in FMLS Area 24 increased 27.3% on a year-over-year basis from 11 in March 2017 to 14 in March 2018. 50

50

The number of condo sales in FMLS Area 24 increased 44.4% on a year-over-year basis from 9 in March 2017 to 13 in March 2018.

40

40

30

30

20

20

10

10

0

0

2Q15

3Q15

4Q15

1Q16

2Q16

3Q16

4Q16

1Q17

2Q17

3Q17

4Q17

1Q18

MONTHS OF INVENTORY

10

The months of inventory for condos in FMLS Area 24 decreased 53.8% on a year-overyear basis from 1.0 months in March 2017 to 0.5 months in March 2018.

8 6 4 2 0

3Q15

www.evatlanta.com

1Q16

3Q16

ENGEL & VÖLKERS ATLANTA

1Q17

3Q17

1Q18

ATLANTA www.evatlanta.com


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.