Is Chamblee-Doraville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chamblee-Doraville has remained a Seller's Market.
Key Takeaway
Chamblee-Doraville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chamblee-Doraville, GA
How much do homes in Chamblee-Doraville, GA cost?
Median Sold Price
$624,033
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Chamblee-Doraville have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Chamblee-Doraville was $624,033 in May 2024, up 5.9% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.2K | $245K | +15.4% |
| 2 Bedrooms | $325.3K | $340K | +4.5% |
| 3 Bedrooms | $525.5K | $542.7K | +3.3% |
| 4 Bedrooms | $649.9K | $690.3K | +6.2% |
| 5+ Bedrooms | $930K | $1.1M | +21.0% |
Summary: Chamblee-Doraville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 21%.
Median Sold Price Compared To Nearby Cities
| Sandy Springs | $553.1K | $622.6K | +12.6% |
| Chamblee | $580K | $638.7K | +10.1% |
| Dunwoody | $590K | $632.6K | +7.2% |
| Chamblee-Doraville | $589K | $624K | +5.9% |
| Doraville | $380K | $390K | +2.6% |
Housing Supply in Chamblee-Doraville, GA
How many homes are available in Chamblee-Doraville, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 646 | 687 | +6.3% |
Summary: The Chamblee-Doraville real estate market had 687 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 30 | 28 | -6.7% |
| 2 Bedrooms | 101 | 100 | -1.0% |
| 3 Bedrooms | 181 | 192 | +6.1% |
| 4 Bedrooms | 169 | 183 | +8.3% |
| 5+ Bedrooms | 165 | 184 | +11.5% |
Summary: The Chamblee-Doraville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 179 | 157 | -12.3% |
Asking Price vs. Sold Price
78 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chamblee-Doraville, you may be able to get a good deal. 51.3% of homes here sold below asking price last month.
Summary: A total of 157 homes were sold or pending in Chamblee-Doraville in May 2024, down by 12.3% month-over-month. Of the 152 sold homes, 51% were sold under asking, 16% were sold at asking, and 33% were sold over asking.
Days on Market for Chamblee-Doraville, GA
How long does it take to sell a home in Chamblee-Doraville, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 19 Days | 18 Days | -7.9% |
Summary: Homes in Chamblee-Doraville had an average of 18 days on market in May 2024, down by 7.9% compared to last year.
Breakdown of Home Sale Times
125 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chamblee-Doraville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 157 homes were sold in Chamblee-Doraville; 80% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.