Is Watkinsville, 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, Watkinsville has remained a Seller's Market.
Housing Prices in Watkinsville, GA
How much do homes in Watkinsville, GA cost?
Median Sold Price
$476,562
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Watkinsville was $476,562 in April 2024, up 0.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $935K | $685K | -26.7% |
2 Bedrooms | $320K | $413K | +29.1% |
3 Bedrooms | $372.5K | $385K | +3.4% |
4 Bedrooms | $520K | $535K | +2.9% |
5+ Bedrooms | $725K | $733K | +1.1% |
Summary: Watkinsville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.7%, 2 bedroom homes increased by 29.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in Watkinsville, GA
How many homes are available in Watkinsville, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
135 | 145 | +7.4% |
Summary: The Watkinsville real estate market had 145 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 33 | 40 | +21.2% |
4 Bedrooms | 55 | 52 | -5.5% |
5+ Bedrooms | 42 | 49 | +16.7% |
Summary: The Watkinsville 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 20%, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 28 | -3.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Watkinsville in April 2024, down by 3.4% month-over-month. Of the 27 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 44 Days | +53.4% |
Summary: Homes in Watkinsville had an average of 44 days on market in Apr 2024, up by 53.4% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Watkinsville; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.