Is Catoosa Springs, 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, Catoosa Springs has remained a Seller's Market.
Housing Prices in Catoosa Springs, GA
How much do homes in Catoosa Springs, GA cost?
Median Sold Price
$265,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Catoosa Springs was $265,000 in November 2023, up 10.4% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $225.5K | - | N/A |
2 Bedrooms | $185K | $188K | +1.6% |
3 Bedrooms | $246.5K | $264.5K | +7.3% |
4 Bedrooms | $315K | $365K | +15.9% |
5+ Bedrooms | $219K | $470K | +114.6% |
Summary: Catoosa Springs 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 increased by 1.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 114.6%.
Median Sold Price Compared To Nearby Cities
North Whitfield | $273.5K | $319K | +16.6% |
Ringgold | $280K | $311.7K | +11.3% |
Catoosa Springs | $240K | $265K | +10.4% |
Ooltewah | $418.2K | $443.9K | +6.1% |
West Whitfield | $260K | $259K | -0.4% |
Housing Supply in Catoosa Springs, GA
How many homes are available in Catoosa Springs, GA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
29 | 23 | -20.7% |
Summary: The Catoosa Springs real estate market had 23 homes for sale in November 2023, a 20.7% decrease 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 | 4 | 2 | -50.0% |
3 Bedrooms | 16 | 11 | -31.3% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Catoosa Springs 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 50%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Catoosa Springs in November 2023, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Catoosa Springs, GA
How long does it take to sell a home in Catoosa Springs, GA?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
17 Days | 4 Days | -76.9% |
Summary: Homes in Catoosa Springs had an average of 4 days on market in Nov 2023, down by 76.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During November 2023, 4 homes were sold in Catoosa Springs; 25% 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.