Oakhurst Home Sales Report

See the Oakhurst Home Sales report for Decatur, GA 30030Decatur, GA 30030 :: 1Q 2016 (Jan-March)

We love being able to share all the Oakhurst home sales data, as it's the City of Decatur's most popular and highly-sought after neighborhood. Not to mention, it is filled with historic charm and some wonderful people!   See how the Oakhurst real estate market fared in the first quarter of 2016....

HOMES SOLD

18 Oakhurst home sold in 1Q.  It's up slightly from the same time last year (16 homes sold).  The absorption rate very strong (under 2 months), due to the limited inventory.  We don't know how long the seller's market will continue, but if you are contemplating selling in the near future, please check our market updates every quarter so you can pick the best time to sell at top dollar!

OAKHURST HOME PRICES

The average single family home in Oakhurst is $581,178.  That about $40,000 higher than the same time last year (1Q 2015), but slightly below the overall 2015 average.  Looking back to before the market crashed, the average Oakhurst home sales price is still WAY UP... by $270,000 to be exact!  It was only $309K in first quarter of 2008 vs $581K today.  Not too shabby!
  • Oakhurst home prices ranged from $310,000 to $1,099,900 last quarter
  • 27% of the homes were new construction (and the most expensive homes sold in Oakhurst)

HOW QUICKLY ARE HOMES SELLING?

Last quarter, Oakhurst homes sold on average in 45 days.  The median # of days on the market was only 29 days and that's probably a more accurate reflection of the current market. There is a bit of a discrepancy in the time it takes to sell a home in Oakhurst -- 45% sold in less than two weeks, but 33% took more than 3 months to sell.  For those that aren't selling in the first 2 weeks, they are either new construction homes that are listed before the homes are complete or they are homes that are priced higher than the current market can support and often have to reduce the price a few times before finding a buyer.

ARE BUYERS STILL WILLING TO PAY TOP DOLLAR?

Without a doubt!  The list price to sales price percentage is 98.1%, so buyers are negotiating about 2% off the sales price (on average).   33% of the Oakhurst home sales were at 100% or more of the asking price.  

Oakhurst Homes Sold

1/1/2016 - 3/31/2016 :: See all the current Oakhurst GA real estate listings
ADDRESS BEDS BATHS LIST SOLD SQFT BUILT DOM
212 Maxwell St 6 5 $1,099,900 $1,099,900 4298 2015 63
120 Brower St 5 5 $899,900 $904,000 4500 2015 32
134 McClean St 6 5 $899,900 $899,900 3906 2015 126
141 Greenwood Pl 5 4 $869,900 $869,000 3476 2016 5
235 Pharr Rd 5 4 $869,000 $850,000 3170 2016 72
526 Mckoy St 4 3 $749,900 $749,900 2750 1951 12
242 Hill St 4 3 $639,900 $624,000 2670 1930 25
829 Lake Dr 3 2 $475,000 $466,800 1380 1924 4
619 Mcdonough St 3 1 $449,900 $443,000 1490 1927 67
248 Kings Hwy 3 1 $449,000 $438,000 1477 1925 12
259 Maxwell St 4 2 $435,000 $435,000 1713 1941 2
321 Leyden St 2 2 $439,000 $430,000 1512 1940 37
742 Oakview Rd 3 2.5 $435,000 $405,000 1466 2002 105
1222 Oakview Rd 2 2 $425,000 $395,000 1186 1920 104
138 Madison Ave 4 2 $349,900 $366,000 1412 1910 0
1426 Oakview Rd 2 2 $385,000 $357,000 1121 1923 129
157 Hood Cir 2 1 $350,000 $340,000 984 1940 3
135 Olympic Pl 3 1 $319,900 $310,000 1324 1915 9
The real estate data was extracted from the Atlanta FMLS on April 9, 2016 and interpreted by Kerry Lucasse with the Nest Atlanta team at eXp Realty. All information is deemed reliable but is not guaranteed.  If you would like the complete report of Oakhurst home sales (including home photos), please text or call Kerry at 404-432-1844.  I'd be happy to send to you!    

Have questions about the Oakhurst real estate market and current home values?  Call Kerry Lucasse and the Nest Atlanta Real Estate Group anytime.  

Text / call :: 404-432-1844

Or visit us at:  inOakhurstGA.com

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