2020 Q4 Market Report_Digital | Page 6

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

112

Total Homes
Sold

452

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
112 452 $ 619 $ 517
39 1
359 355 $ 556 $ 476 80 3.5
-69% + 27 % + 11 % + 9 % -51% -71%
Average List Price ( 000 )
$

619

Average Sold Price ( 000 )
$

517

Average Days On Market
39
Months ’ Supply

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 .
Alpharetta | Q4 2020
ATTACHED HOMES UNDER $ 1M
Q4 2020 Q4 2019 % change
Total Homes
For Sale

64

Total Homes
Sold

197

Total Homes for Sale
Total Homes Sold Average List Price ( 000 ) Average Sold Price ( 000 ) Average Days on Market
Months ’ Supply
64
197 $ 468 $ 359 40 1.3
123
170 $ 428 $ 376 67 2.5
-48% + 16 % + 9 % -4% -40% -47%
Average List Price ( 000 )
$

468

Average Sold Price ( 000 )
$

359

5
Average Days On Market

40

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

1.3

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 .