Is West End, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West End is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, West End has remained a Buyer's Market.

Key Takeaway

West End is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West End, GA

How much do homes in West End, GA cost?

Median Sold Price

$382,500

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$57,500(+17.7%)

Key Takeaway

Homes in West End have sold for 17.7% more than they did a year ago.

Summary: The median home sold price in West End was $382,500 in March 2024, up 17.7% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $155K$155K
0.0%
2 $215K$207K
-3.7%
3 $385K$430K
+11.7%
4 $550K$447.5K
-18.6%
5+ $709K$569.5K
-19.7%

Summary: West End 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 decreased by 3.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes decreased by 19.7%.

Housing Supply in West End, GA

How many homes are available in West End, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3339+18.2%

Summary: The West End real estate market had 39 homes for sale in March 2024, a 18.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 66
0.0%
2 88
0.0%
3 1419
+35.7%
4 45
+25.0%
5+ 11
0.0%

Summary: The West End housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 35.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West End, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in West End in March 2024, down by 16.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for West End, GA

How long does it take to sell a home in West End, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
12 Days33 Days+167.2%

Summary: Homes in West End had an average of 33 days on market in Mar 2024, up by 167.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West End are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in West End; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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