$5,818 Closing Credit*
$489,900
1,558 SqFt
4 Beds
•3 Full Baths, 1 Partial
#1022853, Alexandra Seagler, Listing Office: Joiner & Associates, REALTORS
Is Watkinsville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Watkinsville has remained a Seller's Market.
Key Takeaway
Watkinsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Watkinsville, GA
How much do homes in Watkinsville, GA cost?
Median Sold Price
$525,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+6.1%)
Key Takeaway
Homes in Watkinsville have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Watkinsville was $525,000 in November 2024, up 6.1% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $875.4K | +20.8% |
| 2 Bedrooms | $320K | $349.5K | +9.2% |
| 3 Bedrooms | $379K | $400K | +5.5% |
| 4 Bedrooms | $549K | $535K | -2.6% |
| 5+ Bedrooms | $775K | $733K | -5.4% |
Summary: Watkinsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in Watkinsville, GA
How many homes are available in Watkinsville, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 158 | 141 | -10.8% |
Summary: The Watkinsville real estate market had 141 homes for sale in November 2024, a 10.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 56 | 49 | -12.5% |
| 4 Bedrooms | 52 | 46 | -11.5% |
| 5+ Bedrooms | 45 | 42 | -6.7% |
Summary: The Watkinsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Watkinsville, you could pay more than the asking price. 40.9% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Watkinsville in November 2024, the same as the previous month. Of the 22 sold homes, 36% were sold under asking, 23% were sold at asking, and 41% were sold over asking.
Days on Market for Watkinsville, GA
How long does it take to sell a home in Watkinsville, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 67 Days | +396.1% |
Summary: Homes in Watkinsville had an average of 67 days on market in Nov 2024, up by 396.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Watkinsville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 25 homes were sold in Watkinsville; 32% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. 
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