Is Scottdale, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scottdale is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Scottdale has remained a Seller's Market.

Key Takeaway

Scottdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Scottdale, GA

How much do homes in Scottdale, GA cost?

Median Sold Price

$355,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,000(+1.7%)

Key Takeaway

Homes in Scottdale have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Scottdale was $355,000 in November 2024, up 1.7% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $222K$228K
+2.7%
3 $343.9K$350K
+1.8%
4 $500K$532K
+6.4%
5+ $650K$704.5K
+8.4%

Summary: Scottdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 8.4%.

Housing Supply in Scottdale, GA

How many homes are available in Scottdale, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7488+18.9%

Summary: The Scottdale real estate market had 88 homes for sale in November 2024, a 18.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1919
0.0%
3 3338
+15.2%
4 1516
+6.7%
5+ 715
+114.3%

Summary: The Scottdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 114.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
915+66.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scottdale, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Scottdale in November 2024, up by 66.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% were sold over asking.

Days on Market for Scottdale, GA

How long does it take to sell a home in Scottdale, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days51 Days+102.5%

Summary: Homes in Scottdale had an average of 51 days on market in Nov 2024, up by 102.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Scottdale; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

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