2020 Q4 Market Report_Digital | Page 16

Decatur | Q4 2020
City limits of Decatur , Adair Park and Oakhurst
DETACHED HOMES UNDER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

37

Total Homes
Sold

86

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
37
86 $ 575 $ 594 32 1.6
63
77 $ 553 $ 562 71 3.2
-41% + 12 % + 4 % + 6 % -55% -49%
Average List Price ( 000 )
$

575

Average Sold Price ( 000 )
$

594

Average Days On Market
32
Months ’ Supply

1.6

SELLER ’ S MARKET
0-6 Months ’ Supply
Demand exceeds supply driving home prices up , giving the seller the upper hand in negotiating .
6 Months ’ Supply
Balanced market with stable supply and demand
BUYER ’ S MARKET
6 + Months ’ Supply
Supply exceeds demand , driving home prices down , giving the buyer the upper hand in negotiating .
Source : Trendgraphix for 30030 All data believed to be accurate , but not warranted .
Decatur | Q4 2020
City limits of Decatur , Adair Park and Oakhurst
ATTACHED HOMES UNDER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

34

Total Homes
Sold

48

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
34
48 $ 363 $ 323 63 2.5
35
34 $ 397 $ 310 53 3.9
-3% + 41 % -9% + 4 % + 19 % -36%
Average List Price ( 000 )
$

363

Average Sold Price ( 000 )
$

323

15
Average Days On Market
63
Source : Trendgraphix for 30030 All data believed to be accurate , but not warranted .
Months ’ Supply

2.5

SELLER ’ S MARKET
0-6 Months ’ Supply
Demand exceeds supply driving home prices up , giving the seller the upper hand in negotiating .
6 Months ’ Supply
Balanced market with stable supply and demand
BUYER ’ S MARKET
6 + Months ’ Supply
Supply exceeds demand , driving home prices down , giving the buyer the upper hand in negotiating .