Is Chamblee, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2022
Since last year, Chamblee has remained a Seller's Market.
Key Takeaway
Chamblee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Chamblee, GA cost?
Median Sold Price
$610,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2022
Key Takeaway
Homes in Chamblee have sold for 19.8% more than they did a year ago.
Summary: The median home sold price in Chamblee was $610,000 in September 2023, up 19.8% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2022 | Sep 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $231.5K | $230K | -0.6% |
| 2 Bedrooms | $335K | $335K | 0.0% |
| 3 Bedrooms | $520K | $610K | +17.3% |
| 4 Bedrooms | $645K | $645K | 0.0% |
| 5+ Bedrooms | $1.1M | $1.3M | +26.4% |
Summary: Chamblee housing prices by bedroom type for September 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 17.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 26.4%.
Median Sold Price Compared To Nearby Cities
| Chamblee | $509.2K | $610K | +19.8% |
| Chamblee-Doraville | $559.9K | $603.9K | +7.8% |
| Doraville | $450K | $379.5K | -15.7% |
Housing Supply
How many homes are available in Chamblee, GA?
Number of Homes For Sale
| Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The Chamblee real estate market had 35 homes for sale in September 2023, a 9.4% increase compared to August 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 4 | 9 | +125.0% |
Summary: The Chamblee housing inventory by bedroom type for September 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
| Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chamblee, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Chamblee in September 2023, up by 62.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market
How long does it take to sell a home in Chamblee, GA?
Average Sale Time
| Sep 2022 | Sep 2023 | CHANGE |
|---|---|---|
| 40 Days | 20 Days | -48.5% |
Summary: Homes in Chamblee had an average of 20 days on market in Sep 2023, down by 48.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chamblee are selling fast, if you're buying plan to act quickly.
Summary: During September 2023, 13 homes were sold in Chamblee; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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