Is Virginia Highland, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Virginia Highland was a Neutral Market.
Housing Prices in Virginia Highland, GA
How much do homes in Virginia Highland, GA cost?
Median Sold Price
$752,500
$430/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Virginia Highland was $752,500 in April 2024, up 18.7% from last year, and the median price per square foot was $430.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $260K | 0.0% |
2 Bedrooms | $440K | $490K | +11.4% |
3 Bedrooms | $925K | $905K | -2.2% |
4 Bedrooms | $1.2M | $1.3M | +9.9% |
5+ Bedrooms | $1.8M | $1.9M | +9.9% |
Summary: Virginia Highland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 9.9%.
Housing Supply in Virginia Highland, GA
How many homes are available in Virginia Highland, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 56 | +21.7% |
Summary: The Virginia Highland real estate market had 56 homes for sale in April 2024, a 21.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 19 | 26 | +36.8% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Virginia Highland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 19 | +137.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Virginia Highland in April 2024, up by 137.5% month-over-month. Of the 19 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.
Days on Market for Virginia Highland, GA
How long does it take to sell a home in Virginia Highland, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 45 Days | +515.1% |
Summary: Homes in Virginia Highland had an average of 45 days on market in Apr 2024, up by 515.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Virginia Highland; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.