Is Poncey / Highland, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Poncey / Highland has remained a Seller's Market.
Housing Prices in Poncey / Highland, GA
How much do homes in Poncey / Highland, GA cost?
Median Sold Price
$455,000
$431/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Poncey / Highland was $455,000 in April 2024, down 25% from last year, and the median price per square foot was $431.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $276K | $396.9K | +43.8% |
2 Bedrooms | $435K | $429.9K | -1.2% |
3 Bedrooms | $812.5K | $835K | +2.8% |
4 Bedrooms | $1.1M | $1.2M | +10.7% |
5+ Bedrooms | $1.5M | $1.4M | -6.9% |
Summary: Poncey / Highland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.8%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 6.9%.
Median Sold Price Compared To Nearby Neighborhoods
Inman Park | $637.5K | $887.5K | +39.2% |
Poncey / Highland | $606.5K | $455K | -25.0% |
Housing Supply in Poncey / Highland, GA
How many homes are available in Poncey / Highland, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 22 | -15.4% |
Summary: The Poncey / Highland real estate market had 22 homes for sale in April 2024, a 15.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Poncey / Highland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
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 Poncey / Highland in April 2024, down by 40.0% 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 Poncey / Highland, GA
How long does it take to sell a home in Poncey / Highland, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 38 Days | +147.3% |
Summary: Homes in Poncey / Highland had an average of 38 days on market in Apr 2024, up by 147.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Poncey / Highland; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.