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www.zillow.com/research/ APRIL2019 Atlanta Metro National Home Values Current: $226,800 Monthly Change: -0.1% Quarterly Change: 0.4% Annual Change: 6.1% Negative Equity*: 8.2% Atlanta Home Values Current: $219,600 Monthly Change: -0.1% Quarterly Change: 0.7% Annual Change: 9.6% Negative Equity*: 7.6% Home Values Forecast (next 12 months) National: 2.8% Atlanta Metro: 4.6% Major Cities - Home Values Atlanta Current: $259,700 Monthly Change: -0.7% Annual Change: 9.7% Marietta Current: $286,300 Monthly Change: -0.4% Annual Change: 5.1% Lawrenceville Current: $219,700 Monthly Change: -0.1% Annual Change: 9.4% Cumming Current: $328,000 Monthly Change: -0.4% Annual Change: 4.2% Stone Mountain Current: $156,300 Monthly Change: -0.1% Annual Change: 10.5% Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community City ZHVI Year-over-Year -3.2% -3.1% - -0.6% 0.2% - 5.5% 5.6% - 9.2% 9.3% - 13.9% 14.0% - 20.6% 20.7% - 29.5% Home Values (ZHVI) Increasing Values: 73.6% Decreasing Values: 19.4% Fall From Peak: -0.1% Peak ZHVI Date: 2019-03 Peak ZHVI: $219,800 Rent Zillow Rent Index: $1,452 Monthly Change: 0.3% Annual Change: 4.3% Rent List Price: $1,500 Rent List/Sq. Ft.: $0.9 Sales Median Sale Price: $– Monthly Change: –% Annual Change: –% Sale Price/Sq. Ft.: $– Sale-to-list Price Ratio: Sold for a Loss/Gain: –%/–% Listings Median List Price: $293,000 Monthly Change: 1.4% Annual Change: 1.7% List Price/Sq. Ft.: $131 Listings with Price Cut: 15.7% Amount of Price Cut: 2.2% Foreclosures Homes Foreclosed: –/10, 000 Monthly Change: Annual Change: Foreclosure Resales: –% Monthly Change: –pp Annual Change: –pp How do we track home values? To track home values, we use the Zillow Home Value Index (ZHVI). The ZHVI is the mid-point of estimated home values for the area. Half the estimated home values are above this number and half are below. * Negative equity data is from 2018Q2.

APRIL2019 Atlanta Metro · 2020. 4. 23. · APRIL2019 *The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods

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Page 1: APRIL2019 Atlanta Metro · 2020. 4. 23. · APRIL2019 *The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods

www.zillow.com/research/

APRIL2019 Atlanta Metro

National Home Values

Current: $226,800Monthly Change: -0.1%Quarterly Change: 0.4%Annual Change: 6.1%Negative Equity*: 8.2%

Atlanta Home Values

Current: $219,600Monthly Change: -0.1%Quarterly Change: 0.7%Annual Change: 9.6%Negative Equity*: 7.6%

Home Values Forecast

(next 12 months)

National: 2.8%Atlanta Metro: 4.6%

Major Cities - Home Values

AtlantaCurrent: $259,700Monthly Change: -0.7%Annual Change: 9.7%

MariettaCurrent: $286,300Monthly Change: -0.4%Annual Change: 5.1%

LawrencevilleCurrent: $219,700Monthly Change: -0.1%Annual Change: 9.4%

CummingCurrent: $328,000Monthly Change: -0.4%Annual Change: 4.2%

Stone MountainCurrent: $156,300Monthly Change: -0.1%Annual Change: 10.5%

Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community

City ZHVI Year-over-Year-3.2% -3.1% - -0.6% 0.2% - 5.5% 5.6% - 9.2% 9.3% - 13.9% 14.0% - 20.6% 20.7% - 29.5%

Home Values (ZHVI)Increasing Values: 73.6%Decreasing Values: 19.4%Fall From Peak: -0.1%Peak ZHVI Date: 2019-03Peak ZHVI: $219,800

RentZillow Rent Index: $1,452Monthly Change: 0.3%Annual Change: 4.3%

Rent List Price: $1,500Rent List/Sq. Ft.: $0.9

SalesMedian Sale Price: $–Monthly Change: –%Annual Change: –%

Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%

ListingsMedian List Price: $293,000Monthly Change: 1.4%Annual Change: 1.7%

List Price/Sq. Ft.: $131Listings with Price Cut: 15.7%Amount of Price Cut: 2.2%

ForeclosuresHomes Foreclosed: –/10, 000Monthly Change: –Annual Change: –

Foreclosure Resales: –%Monthly Change: –ppAnnual Change: –pp

How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.

* Negative equity data is from 2018Q2.

Page 2: APRIL2019 Atlanta Metro · 2020. 4. 23. · APRIL2019 *The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods

APRIL2019

*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be

available online at www.zillow.com/research/data by emailing [email protected]

Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.

www.zillow.com/research/

Largest Cities Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

th

Change

from

Peak(%

)

Rents-ZRI($)

ZRIMoM

(%)

ZRIQoQ

(%)

ZRIYoY

(%)

ForecastYoY

(%)

NegativeEquity(%

)

Acworth 227,000 -0.1 0.4 8.1 1,491 0.3 0.9 3.5 4 4.9Atlanta 259,700 -0.7 -0.2 9.7 1,628 0.5 1.2 5.9 3.9 8.8Canton 282,900 0.1 1.3 9.1 1,611 0.4 0.8 4.5 5 3.3Conyers 163,100 0.6 1.1 12.6 1,249 0.6 1.9 5.3 6.5 11.1Covington 159,000 0.4 2.8 17.3 1,179 0.6 1.2 4.9 11 10.4Cumming 328,000 -0.4 0.1 4.2 1,762 0.5 1 1.3 1.5 4.0Dallas 1,159 0.2 0.3 1.7 5.4Douglasville 167,600 -0.1 0.2 11 1,261 0.5 1.3 5.3 4.7 6.3Duluth 253,900 -0.3 0.4 7.8 1,565 0.4 1.1 4.8 3.1 5.5Johns Creek 412,900 -0.5 -0.8 2.4 2,265 0.4 1 3.3 0.3 5.1Kennesaw 239,600 -0.2 0.7 7.6 1,548 0.3 0.8 3.3 4.2 5.8Lawrenceville 219,700 -0.1 0.8 9.4 1,491 0.3 1.2 3.9 4.4 4.5Lithonia 1,188 0.5 1.7 6.1 16.5Marietta 286,300 -0.4 -0.2 5.1 1,688 0.4 1.4 2.6 2.1 5.3McDonough 202,300 0.1 2.1 12.8 1,446 0.5 1.4 5.5 7.4 9.3Newnan 205,300 0.3 1.8 8.1 1,374 0.4 1.1 2.6 5.1 6.9Roswell 391,100 -0.8 -1 4 2,224 0.4 1.6 5.7 0.9 4.1Sandy Springs 488,700 -0.9 -1.7 2 2,490 0.6 1.3 0.7 -0.4 6.8Stone Mountain 156,300 -0.1 1.5 10.5 1,249 0.4 1 5 6 11.7Woodstock 255,000 0.3 1.5 8.2 1,569 0.4 1.1 5.2 4.8 3.2

Largest Counties Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

th

Change

from

Peak(%

)

Rents-ZRI($)

ZRIMoM

(%)

ZRIQoQ

(%)

ZRIYoY

(%)

ForecastYoY

(%)

NegativeEquity(%

)Cherokee County 260,300 0.1 1.2 7.9 1,550 0.3 1 5.3 4.4Clayton County 121,800 0.7 4 24.9 1,016 0.9 1.8 7.9 15.4Cobb County 258,300 -0.3 0.3 7.4 1,591 0.3 0.7 2.4 3.4Dekalb County 203,500 -0.1 2.1 11.4 1,395 0.5 1.2 4.3 6.7Douglas County 168,900 -0.2 0.5 11.5 1,275 0.5 1.5 6.3 4.9Forsyth County 339,300 -0.4 -0.1 2.9 1,809 0.4 1.1 2.3 1Fulton County 285,000 -0.7 -0.6 7.9 1,742 0.2 0.6 2.3 2.8Gwinnett County 232,400 -0.1 0.5 7.7 1,538 0.3 1.1 4.8 3.6Henry County 184,300 0.2 2 10.8 1,381 0.7 1.7 5.4 6.7Paulding County 1,248 0.2 0.4 -1.2