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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Avondale Estates, GA

How much do homes in Avondale Estates, GA cost?

Median Sold Price

$520,000

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,250(-0.2%)

Key Takeaway

The sold price of homes in Avondale Estates has remained the same since last year.

Summary: The median home sold price in Avondale Estates was $520,000 in November 2024, down 0.2% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $219K$300K
+37.0%
3 $519K$492.5K
-5.1%
4 $727.2K$723.1K
-0.6%
5+ $1.0M$1.2M
+18.2%

Summary: Avondale Estates housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 18.2%.

Median Sold Price Compared To Nearby Cities

Atlanta-Decatur
+2.0%
Avondale Estates
-0.2%

Housing Supply in Avondale Estates, GA

How many homes are available in Avondale Estates, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3738+2.7%

Summary: The Avondale Estates real estate market had 38 homes for sale in November 2024, a 2.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 1312
-7.7%
4 79
+28.6%
5+ 910
+11.1%

Summary: The Avondale Estates 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 decreased by 12.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Avondale Estates in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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 2023Nov 2024CHANGE
5 Days65 Days+1010.1%

Summary: Homes in Avondale Estates had an average of 65 days on market in Nov 2024, up by 1010.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 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.

Summary: During November 2024, 4 homes were sold in Avondale Estates; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 7 Days Ago

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