Is Park At Wellington, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Park At Wellington has remained a Seller's Market.
Key Takeaway
Park At Wellington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Park At Wellington, GA
How much do homes in Park At Wellington, GA cost?
Median Sold Price
$579,000
$287/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Park At Wellington have sold for 17.3% less than they did a month ago.
Summary: The median home sold price in Park At Wellington was $579,000 in April 2024, down 17.3% from last month, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $553K | N/A |
| 4 Bedrooms | $640K | $605K | -5.5% |
| 5+ Bedrooms | $765K | - | N/A |
Summary: Park At Wellington housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Windgate Or Ashland | $601K | $645K | +7.3% |
| Hillbrooke | $667.5K | $670K | 0.4% |
| Park At Wellington | $700.5K | $579K | -17.3% |
Housing Supply in Park At Wellington, GA
How many homes are available in Park At Wellington, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Park At Wellington real estate market had 4 homes for sale in April 2024, a 33.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Park At Wellington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Park At Wellington, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Park At Wellington in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Park At Wellington, GA
How long does it take to sell a home in Park At Wellington, GA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 97 Days | +1337.0% |
Summary: Homes in Park At Wellington had an average of 97 days on market in Apr 2024, up by 1337% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Park At Wellington are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Park At Wellington; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
