Is Westside, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westside is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Westside, GA

How much do homes in Westside, GA cost?

Median Sold Price

$240,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$45,000(-15.8%)

Key Takeaway

Homes in Westside have sold for 15.8% less than they did a year ago.

Summary: The median home sold price in Westside was $240,000 in April 2024, down 15.8% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $145K$145K
0.0%
2 $282.4K$180K
-36.3%
3 $299K$296.9K
-0.7%
4 $512K$347.5K
-32.1%
5+ $413K$299K
-27.6%

Summary: Westside 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 decreased by 36.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 32.1%, and 5+ bedroom homes decreased by 27.6%.

Housing Supply in Westside, GA

How many homes are available in Westside, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5257+9.6%

Summary: The Westside real estate market had 57 homes for sale in April 2024, a 9.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1112
+9.1%
2 1617
+6.3%
3 1516
+6.7%
4 68
+33.3%
5+ 44
0.0%

Summary: The Westside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westside, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Westside in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Westside, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days32 Days+65.6%

Summary: Homes in Westside had an average of 32 days on market in Apr 2024, up by 65.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Westside; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 13 Days Ago

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