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 neutral's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

West Highlands is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in West Highlands, GA

How much do homes in West Highlands, GA cost?

Median Sold Price

$599,900

$263/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$29,900(+5.2%)

Key Takeaway

Homes in West Highlands have sold for 5.2% more than they did a month ago.

Summary: The median home sold price in West Highlands was $599,900 in November 2024, up 5.2% from last month, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $567.5K$568.1K
0.1%
4 $671.7K$599.9K
-10.7%
5+ --
N/A

Summary: West Highlands housing prices by bedroom type for November 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 0.1%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes did not change.

Housing Supply in West Highlands, GA

How many homes are available in West Highlands, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2618-30.8%

Summary: The West Highlands real estate market had 18 homes for sale in November 2024, a 30.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 147
-50.0%
4 87
-12.5%
5+ 22
0.0%

Summary: The West Highlands 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 decreased by 50%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Highlands, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in West Highlands in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Oct 2024Nov 2024CHANGE
27 Days16 Days-38.9%

Summary: Homes in West Highlands had an average of 16 days on market in Nov 2024, down by 38.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were 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 November 2024, 3 homes were sold in West Highlands; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

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