Is Chamblee-Doraville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chamblee-Doraville is a seller's market

Buyer's
Market

Difference Since October 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

$635,000

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,993(+4.1%)

Key Takeaway

Homes in Chamblee-Doraville have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Chamblee-Doraville was $635,000 in October 2024, up 4.1% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$246.2K
+9.4%
2 $331.9K$335K
+0.9%
3 $534.9K$555K
+3.8%
4 $665.4K$696.7K
+4.7%
5+ $1.0M$1.1M
+10.4%

Summary: Chamblee-Doraville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Cities

Doraville
+14.5%
Sandy Springs
+11.1%
Chamblee-Doraville
+4.1%
Dunwoody
+3.9%
Chamblee
-7.9%

Housing Supply in Chamblee-Doraville, GA

How many homes are available in Chamblee-Doraville, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
627677+8.0%

Summary: The Chamblee-Doraville real estate market had 677 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3233
+3.1%
2 109118
+8.3%
3 169179
+5.9%
4 181196
+8.3%
5+ 136151
+11.0%

Summary: The Chamblee-Doraville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 11%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
142140-1.4%

Asking Price vs. Sold Price

68 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

38 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chamblee-Doraville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 140 homes were sold or pending in Chamblee-Doraville in October 2024, down by 1.4% month-over-month. Of the 136 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% 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

Oct 2023Oct 2024CHANGE
17 Days37 Days+116.2%

Summary: Homes in Chamblee-Doraville had an average of 37 days on market in Oct 2024, up by 116.2% compared to last year.

Breakdown of Home Sale Times

76 Homes Were Sold
Under 30 Days

50 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chamblee-Doraville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 140 homes were sold in Chamblee-Doraville; 54% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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