2020 Q4 Market Report_Digital | Page 55

DETACHED HOMES OVER $ 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
47
32 $ 2,412 $ 1,839 94 5.6
75
25 $ 2,303 $ 1,659 149 13.5
-37% + 28 % + 5 % + 11 % -37% -59%
Total Homes
For Sale

47

Total Homes
Sold

32

Average List Price ( 000 )
$

2,412

Average Sold Price ( 000 )
$

1,839

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
94
Months ’ Supply

5.6

Source : Trendgraphix for FMLS area 132 All data believed to be accurate , but not warranted .
DETACHED HOMES OVER $ 1M Sandy Springs OTP | 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
24
11 $ 1,603 $ 1,597
112 10.4
36
14 $ 1,593 $ 1,382 106 8.3
-33% -21% + 1 % + 16 % + 6 % + 25 %
Total Homes
For Sale

24

Total Homes
Sold

11

Average List Price ( 000 )
Average Sold Price ( 000 )
$

1,603 $

1,597

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

112

Source : Trendgraphix for FMLS area 131 All data believed to be accurate , but not warranted .
Months ’ Supply

10.4

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