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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westside is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Westside was a Seller's Market.

Key Takeaway

Westside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Westside, GA

How much do homes in Westside, GA cost?

Median Sold Price

$185,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$65,000(-26.0%)

Key Takeaway

Homes in Westside have sold for 26% less than they did a year ago.

Summary: The median home sold price in Westside was $185,000 in November 2024, down 26% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K$125K
-13.8%
2 $188K$159.9K
-14.9%
3 $346.2K$290K
-16.2%
4 $367.5K$287.7K
-21.7%
5+ $302K$330K
+9.3%

Summary: Westside housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes increased by 9.3%.

Housing Supply in Westside, GA

How many homes are available in Westside, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4455+25.0%

Summary: The Westside real estate market had 55 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 89
+12.5%
2 1622
+37.5%
3 912
+33.3%
4 89
+12.5%
5+ 33
0.0%

Summary: The Westside housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westside, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Westside in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Westside, GA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days31 Days-5.9%

Summary: Homes in Westside had an average of 31 days on market in Nov 2024, down by 5.9% compared to last year.

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 Westside are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Westside; 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 21 Days Ago

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