Is Avondale Estates, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avondale Estates is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Avondale Estates has remained a Seller's Market.

Key Takeaway

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

How much do homes in Avondale Estates, GA cost?

Median Sold Price

$602,750

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$92,750(+18.2%)

Key Takeaway

Homes in Avondale Estates have sold for 18.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $215K$269K
+25.1%
3 $444K$572.5K
+28.9%
4 $579K$618.7K
+6.9%
5+ $825K$823.5K
-0.2%

Median Sold Price Compared To Nearby Cities

Avondale Estates
+18.2%
Atlanta-Decatur
+13.0%

How many homes are available in Avondale Estates, GA?

Number of Homes For Sale

Jul 2022Aug 2022%
1714-17.6%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 22
0.0%
3 117
-36.4%
4 45
+25.0%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
74-42.9%

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 Avondale Estates, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
2 Days26 Days+1237.5%

Breakdown of Home Sale Times

3 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 Avondale Estates are selling fast, if you're buying plan to act quickly.

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

About Avondale Estates, GA

Homes for sale in Avondale Estates, GA have reached 14. Between July 2022 and August 2022, Avondale Estates, GA real estate market has seen decrease in the number of listings by 17.6%. The median list price of listings available in August 2022 was $602,750, while the average time on the real estate market was 26 days. Between July 2022 and August 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 25.1%, 3 bedrooms properties became 28.9% more expensive, the cost of 4 bedrooms properties went up by 6.9%, prices of 5 bedrooms properties decreased by 0.2%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went down by 36.4%, volume of 4 bedrooms homes went up by 25%, 5 bedrooms homes inventory did not change. Over 1 listings were sold over their listed price in August 2022 in Avondale Estates, GA. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price.

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