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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westview is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Westview was a Seller's Market.

Key Takeaway

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

Housing Prices in Westview, GA

How much do homes in Westview, GA cost?

Median Sold Price

$421,000

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$21,000(+5.3%)

Key Takeaway

Homes in Westview have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Westview was $421,000 in April 2024, up 5.3% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $230K$210K
-8.7%
3 $395K$380K
-3.8%
4 $541.6K$506.5K
-6.5%
5+ $817.5K$507.5K
-37.9%

Summary: Westview 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 8.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 37.9%.

Median Sold Price Compared To Nearby Neighborhoods

West End
+9.8%
Westview
+5.3%
Mozley Park
+2.8%
West End Park
+0.7%
Southwestern Atlanta
-1.7%

Housing Supply in Westview, GA

How many homes are available in Westview, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3340+21.2%

Summary: The Westview real estate market had 40 homes for sale in April 2024, a 21.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1720
+17.6%
4 711
+57.1%
5+ 56
+20.0%

Summary: The Westview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
102-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westview, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Westview in April 2024, down by 80.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Westview, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days17 Days-42.8%

Summary: Homes in Westview had an average of 17 days on market in Apr 2024, down by 42.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Westview; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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