Is Martin-Avalon, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Martin-Avalon was a Buyer's Market.
Housing Prices in Martin-Avalon, GA
How much do homes in Martin-Avalon, GA cost?
Median Sold Price
$277,450
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Martin-Avalon was $277,450 in March 2024, up 12.8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $112.5K | N/A |
2 Bedrooms | $178K | $208K | +16.9% |
3 Bedrooms | $245K | $269.9K | +10.2% |
4 Bedrooms | $415K | $289.9K | -30.1% |
5+ Bedrooms | $600K | $413K | -31.2% |
Summary: Martin-Avalon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 30.1%, and 5+ bedroom homes decreased by 31.2%.
Median Sold Price Compared To Nearby Cities
Eastanollee | $220K | $279.9K | +27.2% |
Rock Creek | $280K | $352K | +25.7% |
Toccoa | $183K | $212K | +15.8% |
Martin-Avalon | $246K | $277.4K | +12.8% |
Housing Supply in Martin-Avalon, GA
How many homes are available in Martin-Avalon, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 28 | +3.7% |
Summary: The Martin-Avalon real estate market had 28 homes for sale in March 2024, a 3.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Martin-Avalon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Martin-Avalon in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Martin-Avalon, GA
How long does it take to sell a home in Martin-Avalon, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 48 Days | +3.2% |
Summary: Homes in Martin-Avalon had an average of 48 days on market in Mar 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Martin-Avalon; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.