2020 Q4 Market Report_Digital | Page 22

Historic College Park | Q4 2020
DETACHED HOMES UNDER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

19
Total Homes
Sold

32
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
19
32 $ 353 $ 305 38 1.8
32
27 $ 332 $ 275 64 4.5
-41% + 18 % + 6 % + 11 % -41% -60%
Average List Price ( 000 )
$

353
Average Sold Price ( 000 )
$

305
Average Days On Market
38
Months ’ Supply

1.8
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 30337 All data believed to be accurate , but not warranted .
Historic Druid Hills | Q4 2020
DETACHED HOMES UNDER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

37
Total Homes
Sold

65
Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
37
65 $ 623 $ 611
43 2
43
61 $ 619 $ 624 53 2.8
-14% + 7 % + 1 % -2% -19% -29%
Average List Price ( 000 )
$

623
Average Sold Price ( 000 )
$

611
21
Average Days On Market
43
Months ’ Supply

2

Source : Trendgraphix for Fernbank & Springdale Park ES district only All data believed to be accurate , but not warranted .
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 .