Is Avondale Estates, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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.
Housing Prices in Avondale Estates, GA
How much do homes in Avondale Estates, GA cost?
Median Sold Price
$547,000
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Avondale Estates have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Avondale Estates was $547,000 in November 2023, down 9.2% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $258K | $219K | -15.1% |
| 3 Bedrooms | $575K | $520K | -9.6% |
| 4 Bedrooms | $600K | $731.1K | +21.9% |
| 5+ Bedrooms | $782K | $863.7K | +10.5% |
Summary: Avondale Estates housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.1%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Atlanta-Decatur | $355.1K | $344.4K | -3.0% |
| Avondale Estates | $602.7K | $547K | -9.2% |
Housing Supply in Avondale Estates, GA
How many homes are available in Avondale Estates, GA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Avondale Estates real estate market had 34 homes for sale in November 2023, a 13.3% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Avondale Estates housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 5 | 13 | +160.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Avondale Estates, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Avondale Estates in November 2023, up by 160.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.
Days on Market for Avondale Estates, GA
How long does it take to sell a home in Avondale Estates, GA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 5 Days | 6 Days | +25.9% |
Summary: Homes in Avondale Estates had an average of 6 days on market in Nov 2023, up by 25.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Avondale Estates are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 13 homes were sold in Avondale Estates; 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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.