2020 Q4 Market Report_Digital | Page 56

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

22

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
22
14 $ 2,602 $ 1,665 141 6.6
27
5 $ 2,059 $ 1,253 327 23.9
-18% + 180 % + 26 % + 33 % -57% -72%
Average List Price ( 000 )
$

2,602

Average Sold Price ( 000 )
$

1,665

Average Days On Market

141

Months ’ Supply

6.6

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

14

Total Homes
Sold

5

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
14
5 $ 1,674 $ 1,248 200 8.4
14
3 $ 1,988 $ 1,256 151 17.3
0 % + 67 % -16% -1% + 32 % -51%
Average List Price ( 000 )
$

1,674

Average Sold Price ( 000 )
$

1,248

55
Average Days On Market

200

Source : Trendgraphix for 30339 All data believed to be accurate , but not warranted .
Months ’ Supply

8.4

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 .