Is Chamblee, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Chamblee has remained a Seller's Market.
Housing Prices in Chamblee, GA
How much do homes in Chamblee, GA cost?
Median Sold Price
$632,888
$313/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chamblee was $632,888 in April 2024, up 8.6% from last year, and the median price per square foot was $313.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $247.9K | $240K | -3.2% |
2 Bedrooms | $336K | $348.1K | +3.6% |
3 Bedrooms | $570K | $633.7K | +11.2% |
4 Bedrooms | $640K | $661.2K | +3.3% |
5+ Bedrooms | $1.2M | $1.4M | +19.1% |
Summary: Chamblee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 19.1%.
Median Sold Price Compared To Nearby Cities
Chamblee | $582.5K | $632.8K | +8.6% |
Chamblee-Doraville | $590.8K | $624.2K | +5.7% |
Doraville | $379.9K | $390K | +2.6% |
Housing Supply in Chamblee, GA
How many homes are available in Chamblee, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 45 | +12.5% |
Summary: The Chamblee real estate market had 45 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 10 | 15 | +50.0% |
3 Bedrooms | 8 | 16 | +100.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 9 | 5 | -44.4% |
Summary: The Chamblee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 16 | +45.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Chamblee in April 2024, up by 45.5% month-over-month. Of the 16 sold homes, 44% were sold under asking, 13% were sold at asking, and 44% were sold over asking.
Days on Market for Chamblee, GA
How long does it take to sell a home in Chamblee, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
99 Days | 10 Days | -89.8% |
Summary: Homes in Chamblee had an average of 10 days on market in Apr 2024, down by 89.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Chamblee; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.