2020 Q4 Market Report_Digital | Page 19

DETACHED HOMES UNDER $ 1M
ATTACHED HOMES UNDER $ 1M
East Cobb | Q4 2020
Q4 2020 Q4 2019 % change
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
220 727 $ 501 $ 410 41 1.2
438
569 $ 489 $ 381 60 2.9
-50%
+ 28 % + 2 % + 8 % -32% -59%
Total Homes
For Sale

220

Total Homes
Sold

727

Average List Price ( 000 )
$

501

Average Sold Price ( 000 )
$

410

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 .
Average Days On Market
41
Months ’ Supply

1.2

Source : Trendgraphix for 30062 , 30066 , 30067 and 30068 All data believed to be accurate , but not warranted .
ATTACHED HOMES UNDER $ 1M East Cobb | Q4 2020
Q4 2020 Q4 2019 % change
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
38
120 $ 322 $ 237 34 1.3
68 108 $ 313 $ 199 47 2.1
-44% + 11 % + 3 % + 19 % -28% -38%
Total Homes
For Sale

38

Total Homes
Sold

120

Average List Price ( 000 )
$

322

Average Sold Price ( 000 )
$

237

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 .
Average Days On Market
34
Months ’ Supply

1.3

Source : Trendgraphix for 30062 , 30066 , 30067 and 30068 All data believed to be accurate , but not warranted .
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