Tim Maitski

Real Estate Market Statistics for Sandy Springs Georgia

The following are some charts I put together showing some key statistics for single family detached homes in southern Sandy Springs Georgia (FMLS area 132)

I've gone back and compiled the data that Smart Numbers puts out for the FMLS monthly reports for the past 8 years. This allows the trend to be seen over time. I've found that month to month numbers to be pretty useless so that's why I spent all of the time to create these charts.

• Average sales price
• Number of units sold
• Sales price/original list price ratio
• Total days on the market

The second and fourth charts are the 12 month moving averages of the first and third charts. I also weight these moving averages by the number of units sold. This is important so that months with few sales don't have the same weight as months with many sales.

I have charts for 30 market areas around Metro Atlanta. It's amazing how the areas around Atlanta have differed during the last few years.

I don't know if these charts can help you predict the future but at least you can see what has happened in the past.

Real Estate Market Statistics for Sandy Springs Georgia

The following are some charts I put together showing some key statistics for single family detached homes in northern Sandy Springs Georgia (FMLS area 131)

I've gone back and compiled the data that Smart Numbers puts out for the FMLS monthly reports for the past 8 years.  This allows the trend to be seen over time.  I've found that month to month numbers to be pretty useless so that's why I spent all of the time to create these charts.

• Average sales price
• Number of units sold
• Sales price/original list price ratio
• Total days on the market

The second and fourth charts are the 12 month moving averages of the first and third charts.  I also weight these moving averages by the number of units sold.  This is important so that months with few sales don't have the same weight as months with many sales.

I have charts for 30 market areas around Metro Atlanta.  It's amazing how the areas around Atlanta have differed during the  last few years.

I don't know if these charts can help you predict the future but at least you can see what has happened in the past.  

I just went on a successful listing appointment in Sandy Springs. I had put together some market charts to show how the market was in different price ranges. I'm going to slowly work up these charts for more areas around Atlanta.

I have absorption rates going back to January of 2002 so you can see the trends over time. I took the number of sales in the past 12 months and divided it into the current number of homes on the market. Then, by dividing by 12, I get the number of months to clear the current inventory if sales are the same as the last 12 months.

I did a graph for $300K-$499K, $500K-$749K, $750K-$1 million, $1 million -$2 million and then over $2 million. I kept the scale of the axis the same so it's easier to compare one graph with another.

You'll notice that the the over $2million area inventory is coming down somewhat from crazy levels of over a 250 month supply down to about 55 months. That's still a 4.5 year supply.

For more market stats for Sandy Springs inside the Perimeter, go to my main website. I also have charts for 30 separate market areas.

The December stats came out from the FMLS.

I updated my ongoing chart with the new data.  The 12 month moving average for number of units inching up a bit but the average price is flat.  Maybe we're creating a solid bottom for prices.

These charts are for the entire metro Atlanta area for single family detached homes.

For charts for 30 more localized areas around Atlanta, go to my main site.

The latest Case-Shiller index didn't change much for Atlanta. As you can see, Atlanta is near the bottom of the list which means that housing is comparitively cheap in Atlanta

It really amazes me how different parts of Atlanta have fared in the last few years.

In the middle of 2007 the real estate market in Atlanta finally began to take a hit. In some areas the bottom seemed to drop out. Other areas have held up reasonably well in comparison.

Below are market graphs for single family detached homes in various parts of the Atlanta metro area.

First the overall numbers that get reported in the local media.

Then I have comparisons for

• North Fulton vs. South Fulton County.
• North DeKalb(Dunwoody)vs. South DeKalb(Stone Mountain),
• East Cobb vs. South Cobb and then just for kicks,
• Clayton County which is down by the airport.

For more detailed market stats for 30 areas around Atlanta, go to my main website.

Total FMLS Atlanta Market Area

North Fulton: Roswell/Alpharetta

South Fulton

North DeKalb: Dunwoody

South DeKalb: Stone Mountain

East

Cobb: East of Marietta

South

Cobb: Austell/Powder Springs

Clayton

Clayton County(south by airport)