2020 Q4 Market Report_Digital | Page 44

Alpharetta | Q4 2020
DETACHED HOMES OVER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

39

Total Homes
Sold

25

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
39
25 $ 1,856 $ 1,370 104 6.1
57
12 $ 1,519 $ 1,334 122 31
-32% + 108 % + 22 % + 3 % -15% -81%
Average List Price ( 000 )
$

1,856

Average Sold Price ( 000 )
$

1,370

Average Days On Market

104

Months ’ Supply

6.1

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 All data believed to be accurate , but not warranted .
Brookhaven | Q4 2020
Historic Brookhaven Only
DETACHED HOMES OVER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

41

Total Homes
Sold

38

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
41
38 $ 2,187 $ 1,362 49 3.7
41
18 $ 1,864 $ 1,395 100 8.8
0 % + 111 % + 17 % -2% -51% -58%
Average List Price ( 000 )
$

2,187

Average Sold Price ( 000 )
$

1,362

43
Average Days On Market
49
Source : Trendgraphix for 30319 All data believed to be accurate , but not warranted .
Months ’ Supply

3.7

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 .