Is Dunwoody, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunwoody is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Dunwoody has remained a Seller's Market.

Key Takeaway

Dunwoody is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dunwoody, GA

How much do homes in Dunwoody, GA cost?

Median Sold Price

$630,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$46,100(+7.9%)

Key Takeaway

Homes in Dunwoody have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Dunwoody was $630,000 in March 2024, up 7.9% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $245K$240K
-2.0%
2 $339.9K$398.9K
+17.4%
3 $510K$525K
+2.9%
4 $625K$650K
+4.0%
5+ $755.6K$840K
+11.2%

Summary: Dunwoody housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Cities

Sandy Springs
+12.9%
Dunwoody
+7.9%
Chamblee-Doraville
+5.7%
Peachtree Corners
+5.7%
Doraville
+1.3%

Housing Supply in Dunwoody, GA

How many homes are available in Dunwoody, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
128131+2.3%

Summary: The Dunwoody real estate market had 131 homes for sale in March 2024, a 2.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 89
+12.5%
2 1821
+16.7%
3 2226
+18.2%
4 4948
-2.0%
5+ 3127
-12.9%

Summary: The Dunwoody housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 12.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4340-7.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunwoody, you may be able to get a good deal. 44.7% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in Dunwoody in March 2024, down by 7.0% month-over-month. Of the 38 sold homes, 45% were sold under asking, 13% were sold at asking, and 42% were sold over asking.

Days on Market for Dunwoody, GA

How long does it take to sell a home in Dunwoody, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
33 Days14 Days-58.1%

Summary: Homes in Dunwoody had an average of 14 days on market in Mar 2024, down by 58.1% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 40 homes were sold in Dunwoody; 90% of homes were sold within 30 days, 8% 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 26 Days Ago

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