2020 Q4 Market Report_Digital | Page 33

DETACHED HOMES UNDER $ 1M
ATTACHED HOMES UNDER $ 1M
Sandy Springs ITP | 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
33
47 $ 694 $ 689 70 2.5
46
44 $ 706 $ 682 97 4.3
-28% + 7 % -2% + 1 %
-28% -42%
Total Homes
For Sale

33

Total Homes
Sold

47

Average List Price ( 000 )
$

694

Average Sold Price ( 000 )
$

689

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
70
Months ’ Supply

2.5

s
Source : Trendgraphix for FMLS area 132 All data believed to be accurate , but not warranted .
ATTACHED HOMES UNDER $ 1M Sandy Springs ITP | 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
40
39 $ 388 $ 377 57 4
48
47 $ 385 $ 372 57 3.5
-17% -17% + 1 % + 1 % 0 %
+ 14 %
Total Homes
For Sale

40

Total Homes
Sold

39

Average List Price ( 000 )
$

388

Average Sold Price ( 000 )
$

377

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
57
Source : Trendgraphix for FMLS area 132 All data believed to be accurate , but not warranted .
Months ’ Supply

4

32