Report Defnitions
GEOGRAPHY covered in this report is Atlanta, Georgia and the surrounding region, specifcally the towns and neighborhoods details on the prior page.
ACTIVE is current inventory, defned as all properties actively listed on 1st, .
NEW is defned as any properties put on the market during Q4 2023.
CONTRACT SIGNED fgures are based on publicly reported transactions as of 1st, . The signed price refects the latest available, or last known asking price.
SOLD fgures are based on publicly reported transactions which closed by 1st, .
AVERAGE PRICE is the sum of all prices divided by the total number of properties.
MONTHS OF SUPPLY is calculated as the current inventory divided by the average number of contracts per month in the last twelve months. A buyer's market, where supply is greater than demand, is defned as more than six months of supply. A seller's market, where supply is less than demand, is defned as less than six months of supply. A balanced market, where supply is equal to demand, is defned as six months of supply.
DAYS ON MARKET (DOM) is calculated as the list date subtracted from the off market date, which is either the contract signed date, or the sold date, depending on availability.
SALE-TO-LIST RATIO is the sale price divided by the list price.
YEAR-OVER-YEAR (YOY) CHANGE is the percentage difference of a particular metric for the current time period, compared against the same time period of the previous year.
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