Is Chamblee-Doraville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chamblee-Doraville is a seller's market

Buyer's
Market

Difference Since November 2022

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

$610,766

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$40,644(+7.1%)

Key Takeaway

Homes in Chamblee-Doraville have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Chamblee-Doraville was $610,766 in November 2023, up 7.1% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $218.5K$225K
+3.0%
2 $325K$334.9K
+3.1%
3 $520.2K$528.3K
+1.6%
4 $634.7K$670K
+5.6%
5+ $932.5K$1.0M
+9.9%

Summary: Chamblee-Doraville housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Cities

Chamblee
+22.3%
Dunwoody
+10.0%
Chamblee-Doraville
+7.1%
Sandy Springs
+4.5%
Doraville
+0.7%

Housing Supply in Chamblee-Doraville, GA

How many homes are available in Chamblee-Doraville, GA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
512486-5.1%

Summary: The Chamblee-Doraville real estate market had 486 homes for sale in November 2023, a 5.1% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 1819
+5.6%
2 7679
+3.9%
3 161144
-10.6%
4 134130
-3.0%
5+ 123114
-7.3%

Summary: The Chamblee-Doraville housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 7.3%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
132107-18.9%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chamblee-Doraville, you may be able to get a good deal. 47% of homes here sold below asking price last month.

Summary: A total of 107 homes were sold or pending in Chamblee-Doraville in November 2023, down by 18.9% month-over-month. Of the 100 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% 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

Nov 2022Nov 2023CHANGE
25 Days18 Days-28.1%

Summary: Homes in Chamblee-Doraville had an average of 18 days on market in Nov 2023, down by 28.1% compared to last year.

Breakdown of Home Sale Times

83 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chamblee-Doraville are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 107 homes were sold in Chamblee-Doraville; 78% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 3% 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 1 Day Ago

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