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 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

$636,625

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,705(+4.4%)

Key Takeaway

Homes in Chamblee-Doraville have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Chamblee-Doraville was $636,625 in November 2024, up 4.4% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $225K$245.5K
+9.1%
2 $334.9K$335K
0.0%
3 $529K$558K
+5.5%
4 $668K$699.3K
+4.7%
5+ $1.0M$1.1M
+12.3%

Summary: Chamblee-Doraville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Cities

Doraville
+13.7%
Sandy Springs
+12.9%
Chamblee-Doraville
+4.4%
Dunwoody
+3.6%
Chamblee
-13.9%

Housing Supply in Chamblee-Doraville, GA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
620613-1.1%

Summary: The Chamblee-Doraville real estate market had 613 homes for sale in November 2024, a 1.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3223
-28.1%
2 109115
+5.5%
3 165165
0.0%
4 172178
+3.5%
5+ 142132
-7.0%

Summary: The Chamblee-Doraville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.1%, 2 bedroom homes increased by 5.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
147139-5.4%

Asking Price vs. Sold Price

93 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

20 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. 68.4% of homes here sold below asking price last month.

Summary: A total of 139 homes were sold or pending in Chamblee-Doraville in November 2024, down by 5.4% month-over-month. Of the 136 sold homes, 68% were sold under asking, 17% were sold at asking, and 15% 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 2023Nov 2024CHANGE
19 Days33 Days+70.0%

Summary: Homes in Chamblee-Doraville had an average of 33 days on market in Nov 2024, up by 70% compared to last year.

Breakdown of Home Sale Times

83 Homes Were Sold
Under 30 Days

44 Homes Were Sold
In 30 - 90 Days

12 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 2024, 139 homes were sold in Chamblee-Doraville; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% 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 5 Days Ago

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