Is Watkinsville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Watkinsville has remained a Seller's Market.
Housing Prices in Watkinsville, GA
How much do homes in Watkinsville, GA cost?
Median Sold Price
$491,666
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Watkinsville was $491,666 in June 2024, up 1.4% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $770K | $500K | -35.1% |
2 Bedrooms | $339.5K | $350K | +3.1% |
3 Bedrooms | $370K | $385K | +4.1% |
4 Bedrooms | $485K | $545K | +12.4% |
5+ Bedrooms | $725K | $748.5K | +3.2% |
Summary: Watkinsville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.1%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in Watkinsville, GA
How many homes are available in Watkinsville, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
164 | 157 | -4.3% |
Summary: The Watkinsville real estate market had 157 homes for sale in June 2024, a 4.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 40 | 43 | +7.5% |
4 Bedrooms | 56 | 56 | 0.0% |
5+ Bedrooms | 62 | 54 | -12.9% |
Summary: The Watkinsville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
58 | 29 | -50.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Watkinsville in June 2024, down by 50.0% month-over-month. Of the 28 sold homes, 46% were sold under asking, 32% were sold at asking, and 21% were sold over asking.
Days on Market for Watkinsville, GA
How long does it take to sell a home in Watkinsville, GA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
24 Days | 37 Days | +51.3% |
Summary: Homes in Watkinsville had an average of 37 days on market in Jun 2024, up by 51.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 29 homes were sold in Watkinsville; 66% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.