2020 Q4 Market Report_Digital | Page 28

Midtown | Q4 2020
Including Ansley Park and Sherwood Forest
DETACHED HOMES UNDER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

17

Total Homes
Sold

26

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
17
26 $ 728 $ 701 98 2.5
27
26 $ 774 $ 687 52 3.4
-37% 0 % -6%
+ 2 % + 88 % -27%
Average List Price ( 000 )
$

728

Average Sold Price ( 000 )
$

701

Average Days On Market
98
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 .
Source : Trendgraphix for 30308 and 30309 All data believed to be accurate , but not warranted .
Midtown | Q4 2020
Including Ansley Park and Sherwood Forest
ATTACHED HOMES UNDER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

412

Total Homes
Sold

301

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
412
301 $ 396 $ 335 60 4.8
276 236 $ 417 $ 340 68 4.1
+ 49 % + 27 %
-5% -1% -12% + 17 %
Average List Price ( 000 )
$

396

Average Sold Price ( 000 )
$

335

27
Average Days On Market

60

Source : Trendgraphix for 30308 and 30309 All data believed to be accurate , but not warranted .
Months ’ Supply

4.8

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 .