Is Ardsley Park / Chatham Crescent, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ardsley Park / Chatham Crescent is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Ardsley Park / Chatham Crescent was a Neutral Market.

Key Takeaway

Ardsley Park / Chatham Crescent is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ardsley Park / Chatham Crescent, GA

How much do homes in Ardsley Park / Chatham Crescent, GA cost?

Median Sold Price

$729,750

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$96,725(+15.3%)

Key Takeaway

Homes in Ardsley Park / Chatham Crescent have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Ardsley Park / Chatham Crescent was $729,750 in April 2024, up 15.3% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $347.2K$471.2K
+35.7%
3 $520K$642K
+23.5%
4 $800K$736.2K
-8.0%
5+ $1.0M$1.2M
+25.9%

Summary: Ardsley Park / Chatham Crescent housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 25.9%.

Median Sold Price Compared To Nearby Neighborhoods

Ardsley Park / Chatham Crescent
+15.3%
Thomas Square
+10.9%

Housing Supply in Ardsley Park / Chatham Crescent, GA

How many homes are available in Ardsley Park / Chatham Crescent, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
20200.0%

Summary: The Ardsley Park / Chatham Crescent real estate market had 20 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 89
+12.5%
5+ 75
-28.6%

Summary: The Ardsley Park / Chatham Crescent housing inventory by bedroom type for April 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 25%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ardsley Park / Chatham Crescent, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Ardsley Park / Chatham Crescent in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.

Days on Market for Ardsley Park / Chatham Crescent, GA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Ardsley Park / Chatham Crescent, GA

Nearby Markets to Ardsley Park / Chatham Crescent, GA