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.
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
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
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
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.