Is Chamblee-Doraville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Chamblee-Doraville has remained a Seller's Market.
Key Takeaway
Chamblee-Doraville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chamblee-Doraville, GA
How much do homes in Chamblee-Doraville, GA cost?
Median Sold Price
$624,326
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Chamblee-Doraville have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Chamblee-Doraville was $624,326 in March 2024, up 5.7% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $225K | +5.9% |
| 2 Bedrooms | $325K | $349.1K | +7.4% |
| 3 Bedrooms | $532.1K | $536K | +0.7% |
| 4 Bedrooms | $649.3K | $689K | +6.1% |
| 5+ Bedrooms | $935K | $1.1M | +17.6% |
Summary: Chamblee-Doraville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 17.6%.
Median Sold Price Compared To Nearby Cities
| Sandy Springs | $551K | $621.8K | +12.9% |
| Chamblee | $575K | $640K | +11.3% |
| Dunwoody | $583.9K | $630K | +7.9% |
| Chamblee-Doraville | $590.5K | $624.3K | +5.7% |
| Doraville | $385K | $390K | +1.3% |
Housing Supply in Chamblee-Doraville, GA
How many homes are available in Chamblee-Doraville, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 534 | 591 | +10.7% |
Summary: The Chamblee-Doraville real estate market had 591 homes for sale in March 2024, a 10.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 18 | -5.3% |
| 2 Bedrooms | 88 | 95 | +8.0% |
| 3 Bedrooms | 128 | 153 | +19.5% |
| 4 Bedrooms | 168 | 188 | +11.9% |
| 5+ Bedrooms | 131 | 137 | +4.6% |
Summary: The Chamblee-Doraville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 4.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 129 | 148 | +14.7% |
Asking Price vs. Sold Price
72 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chamblee-Doraville, you may be able to get a good deal. 51.1% of homes here sold below asking price last month.
Summary: A total of 148 homes were sold or pending in Chamblee-Doraville in March 2024, up by 14.7% month-over-month. Of the 141 sold homes, 51% were sold under asking, 16% were sold at asking, and 33% were sold over asking.
Days on Market for Chamblee-Doraville, GA
How long does it take to sell a home in Chamblee-Doraville, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 24 Days | -12.2% |
Summary: Homes in Chamblee-Doraville had an average of 24 days on market in Mar 2024, down by 12.2% compared to last year.
Breakdown of Home Sale Times
120 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chamblee-Doraville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 148 homes were sold in Chamblee-Doraville; 81% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 8% 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.