2020 Q4 Market Report_Digital | Page 38

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

18

Total Homes
Sold

14

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
18
14 $ 697 $ 616 64 6
17
15 $ 685 $ 618 71 5.7
+ 6 % -7% + 2 %
-0.3% -10% + 5 %
Average List Price ( 000 )
$

697

Average Sold Price ( 000 )
$

616

Average Days On Market
64
Months ’ Supply

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 30339 All data believed to be accurate , but not warranted .
Vinings | Q4 2020
ATTACHED HOMES UNDER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

70

Total Homes
Sold

121

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
70
121 $ 434 $ 368 47 2.4
92
108 $ 399 $ 316 55 3
-24% + 12 % + 9 % + 16 % -14% -20%
Average List Price ( 000 )
$

434

Average Sold Price ( 000 )
$

368

37
Average Days On Market
47
Source : Trendgraphix for 30339 All data believed to be accurate , but not warranted .
Months ’ Supply

2.4

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 .