Is 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, Doraville has remained a Seller's Market.
Key Takeaway
Doraville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Doraville, GA
How much do homes in Doraville, GA cost?
Median Sold Price
$390,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Doraville have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Doraville was $390,000 in May 2024, up 2.6% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $495K | N/A |
| 2 Bedrooms | $255K | $258K | +1.2% |
| 3 Bedrooms | $335K | $370K | +10.4% |
| 4 Bedrooms | $490K | $445K | -9.2% |
| 5+ Bedrooms | $385K | $460K | +19.5% |
Summary: Doraville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 19.5%.
Median Sold Price Compared To Nearby Cities
| Dunwoody | $590K | $632.6K | +7.2% |
| Chamblee-Doraville | $589K | $624K | +5.9% |
| Doraville | $380K | $390K | +2.6% |
Housing Supply in Doraville, GA
How many homes are available in Doraville, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 28 | 0.0% |
Summary: The Doraville real estate market had 28 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Doraville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Doraville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Doraville in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Doraville, GA
How long does it take to sell a home in Doraville, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 14 Days | -58.9% |
Summary: Homes in Doraville had an average of 14 days on market in May 2024, down by 58.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Doraville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Doraville; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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