Is West Highlands, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Highlands is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, West Highlands was a Buyer's Market.

Key Takeaway

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

Housing Prices in West Highlands, GA

How much do homes in West Highlands, GA cost?

Median Sold Price

$582,500

$259/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$4,780(-0.8%)

Key Takeaway

Homes in West Highlands have sold for 0.8% less than they did a month ago.

Summary: The median home sold price in West Highlands was $582,500 in October 2024, down 0.8% from last month, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $508.6K$570K
+12.1%
4 -$671.7K
N/A
5+ $635K-
N/A

Summary: West Highlands housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 12.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

West Highlands
-0.8%
Almond Park
-75.0%

Housing Supply in West Highlands, GA

How many homes are available in West Highlands, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2123+9.5%

Summary: The West Highlands real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1112
+9.1%
4 88
0.0%
5+ 22
0.0%

Summary: The West Highlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Highlands, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in West Highlands in October 2024, up by 66.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for West Highlands, GA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
68 Days26 Days-61.3%

Summary: Homes in West Highlands had an average of 26 days on market in Oct 2024, down by 61.3% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in West Highlands; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 14 Days Ago

Newest Listings in West Highlands, GA

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