Fairburn was Metro Atlanta’s top luxury housing market in the second quarter, according to new research from Redfin.
Within Fairburn’s luxury market, the average sales price was $445,000 million in Q2, a 55.6 percent increase over Q2 2015; that dwarfed the rest of the market, where sales prices rose 12.4 percent to $578,000.
There were other Metro Atlanta markets where luxury prices rose aggressively – in Union City and Milton, for instance, luxury prices were up 44.2 and 41.7 percent, respectively – but in many other markets, luxury housing performed worse than the rest of the market.
Notable examples include:
- Auburn, where luxury prices fell 28 percent (compared to a 6.0 percent gain for the rest of the market)
- Brookhaven, where luxury prices fell 10.8 percent (compared to a 9.8 percent gain)
- Carrollton, where luxury prices fell 13.8 percent (compared to flat growth)
- Peachtree Corners, where luxury prices fell 12.8 percent (compared to a 9.0 percent gain)
- And Suwanee, where luxury prices fell 8.8 percent (compared to a 8.6 percent gain)
See our charts below for more information on both Metro Atlanta’s top luxury markets and all the markets we have data for:
Top 10 Luxury Markets
| City | Avg Luxury Sales Price | YOY Change | Avg Sale Price – Rest of Market | YOY Change |
|---|---|---|---|---|
| Fairburn | $445,000 | 55.6% | $181,000 | 12.4% |
| Union City | $372,000 | 44.2% | $143,000 | 53.8% |
| Milton | $2,006,000 | 41.7% | $476,000 | 8.7% |
| Ball Ground | $604,000 | 39.5% | $235,000 | 3.5% |
| Belvedere Park | $717,000 | 37.1% | $156,000 | 14.7% |
| North Decatur | $823,000 | 33.6% | $299,000 | 26.2% |
| Locust Grove | $472,000 | 31.1% | $170,000 | 1.8% |
| Woodstock | $665,000 | 30.4% | $235,000 | 8.3% |
| Druid Hills | $1,948,000 | 27.8% | $523,000 | 3.4% |
| Austell | $258,000 | 25.9% | $124,000 | 9.7% |
All Metro Atlanta Markets
| City | Avg Luxury Sales Price | YOY Change | Avg Sale Price – Rest of Market | YOY Change |
|---|---|---|---|---|
| Acworth | $522,000 | -2.8% | $220,000 | 1.4% |
| Alpharetta | $1,281,000 | 15.8% | $379,000 | 5.9% |
| Atlanta | $1,534,000 | -0.3% | $305,000 | 4.1% |
| Auburn | $425,000 | -28.0% | $178,000 | 6.0% |
| Austell | $258,000 | 25.9% | $124,000 | 9.7% |
| Ball Ground | $604,000 | 39.5% | $235,000 | 3.5% |
| Belvedere Park | $717,000 | 37.1% | $156,000 | 14.7% |
| Braselton | $1,022,000 | -10.0% | $263,000 | -3.0% |
| Brookhaven | $1,119,000 | -10.8% | $449,000 | 9.8% |
| Buford | $563,000 | -9.9% | $244,000 | 14.0% |
| Candler-McAfee | $359,000 | -4.5% | $107,000 | 4.9% |
| Canton | $656,000 | 7.9% | $233,000 | -8.3% |
| Carrollton | $448,000 | -13.8% | $143,000 | 0.0% |
| Chamblee | $814,000 | 17.5% | $281,000 | 7.3% |
| College Park | $434,000 | -6.5% | $119,000 | 9.2% |
| Covington | $418,000 | 25.1% | $147,000 | 10.5% |
| Cumming | $687,000 | -5.8% | $312,000 | 5.1% |
| Dacula | $517,000 | 2.6% | $247,000 | 6.0% |
| Dallas | $387,000 | 1.0% | $174,000 | 8.7% |
| Decatur | $853,000 | 1.4% | $223,000 | 5.2% |
| Doraville | $485,000 | 25.6% | $250,000 | 14.2% |
| Douglasville | $396,000 | -10.4% | $153,000 | 5.5% |
| Druid Hills | $1,948,000 | 27.8% | $523,000 | 3.4% |
| Duluth | $1,291,000 | 3.2% | $306,000 | 2.3% |
| Dunwoody | $879,000 | 5.8% | $357,000 | 2.9% |
| East Point | $337,000 | 24.4% | $116,000 | 11.5% |
| Fairburn | $445,000 | 55.6% | $181,000 | 12.4% |
| Fayetteville | $730,000 | -1.4% | $256,000 | -1.2% |
| Grayson | $412,000 | -16.8% | $235,000 | -9.6% |
| Hampton | $432,000 | 3.1% | $153,000 | 10.1% |
| Hiram | $257,000 | 8.9% | $141,000 | 7.6% |
| Holly Springs | $486,000 | 24.9% | $231,000 | 14.9% |
| Johns Creek | $1,110,000 | -2.0% | $391,000 | 5.7% |
| Kennesaw | $679,000 | 22.1% | $243,000 | 8.5% |
| Lawrenceville | $407,000 | -1.0% | $191,000 | 8.5% |
| Lilburn | $449,000 | 1.6% | $193,000 | 2.7% |
| Lithonia | $289,000 | -0.3% | $105,000 | 15.4% |
| Locust Grove | $472,000 | 31.1% | $170,000 | 1.8% |
| Mableton | $566,000 | -12.2% | $224,000 | 14.9% |
| Marietta | $958,000 | 7.2% | $281,000 | 1.8% |
| McDonough | $482,000 | -15.1% | $183,000 | -1.1% |
| Milton | $2,006,000 | 41.7% | $476,000 | 8.7% |
| Newnan | $556,000 | 2.2% | $210,000 | 8.2% |
| Norcross | $574,000 | -6.8% | $220,000 | 12.8% |
| North Atlanta | $1,167,000 | -12.2% | $477,000 | 12.5% |
| North Decatur | $823,000 | 33.6% | $299,000 | 26.2% |
| North Druid Hills | $811,000 | 18.6% | $339,000 | 18.9% |
| Peachtree City | $1,034,000 | 18.6% | $342,000 | 5.9% |
| Peachtree Corners | $710,000 | -12.8% | $292,000 | 9.0% |
| Powder Springs | $489,000 | -1.4% | $204,000 | 7.9% |
| Redan | $165,000 | 17.9% | $87,000 | 26.1% |
| Roswell | $970,000 | 14.4% | $361,000 | 8.4% |
| Sandy Springs | $1,868,000 | -1.2% | $389,000 | 2.4% |
| Senoia | $533,000 | 20.9% | $236,000 | 1.3% |
| Smyrna | $668,000 | -2.9% | $283,000 | 11.4% |
| Snellville | $449,000 | -15.0% | $178,000 | 2.9% |
| Stockbridge | $449,000 | -4.7% | $161,000 | -1.2% |
| Stone Mountain | $377,000 | 4.7% | $121,000 | 9.0% |
| Sugar Hill | $471,000 | -8.9% | $219,000 | -1.4% |
| Suwanee | $907,000 | -8.8% | $341,000 | 8.6% |
| Tucker | $438,000 | 17.1% | $222,000 | 12.1% |
| Union City | $372,000 | 44.2% | $143,000 | 53.8% |
| Vinings | $1,308,000 | -40.9% | $332,000 | -12.4% |
| Woodstock | $665,000 | 30.4% | $235,000 | 8.3% |