2016 Oakhurst Home Sales & Real Estate Report

Brought to you by the Nest Atlanta Real Estate Group :: 404-205-8800

Oakhurst is one of the most highly sought-after neighborhoods in City of Decatur and the Intown Atlanta.  It is also one of the most difficult to find a home for many home buyers.  New construction homes with a price tag of $850K+ are becoming a larger percentage of the overall Oakhurst home sales each year, so buyers in the $400K to $600K range often end up in a BIG bidding war for their dream home. Because of the limited number of homes available for sale and the increased pricing for new construction, you’ll see below that’s it’s made a dramatic impact on the 2016 Oakhurst home sales and property values!  The Nest Atlanta team is pleased to present you with the latest real estate report… enjoy!

Check out the 2016 Oakhurst home sales report in City of Decatur GA 30030

 

2016 Oakhurst Home Sales Report 

HOME SALES

  • Last year a total of 77 homes sold in the City of Decatur’s Oakhurst neighborhood.  This is about 12% less than the previous year (2015) and just slightly below the prior two years. Because Oakhurst is in such high demand and current residents love their neighborhood, inventory levels remain very low.

OAKHURST HOME PRICES

  • We saw another HUGE SPIKE in the average home sales price in 2016 – up $46,000 from the previous year!  In 2016, the average Oakhurst single family home sales price was $640,506, which is  8.0% higher than last yearand a whopping $300,000 higher than in 2010.  The dramatic rise in the average home price is partially due to all the new construction homes that typically start at $850,000.
    • Oakhurst home prices ranged from $310,000 to $1,150,000 in 2016
    • The median sales price was $625,000 (still $28K higher than the previous year)
    • New construction (or newer construction) housing is starting to become a big player Oakhurst GA real estate market  — over 25% of the homes sold were built in the last 7 years
    • Five $1,000,000+ homes sold in 2016!  See all the Oakhurst home sales at the bottom of this article.

ARE BUYERS STILL PAYING TOP DOLLAR? 

  • Absolutely! Multiple offers are still commonplace with resale homes (and occassionally new construction), so Oakhurst home buyers aren’t afraid to offer full price or over the asking price if necessary.  On average, Oakhurst homes sold at 98.3% of the asking price, but about 40% sold at or OVER the asking price!

HOW FAST ARE OAKHURST HOMES SELLING?

  • F-A-S-T.  The average time on the market was 54 days in 2016, but the median # of days on market was only 18.  This is a much more accurate representation of what is happening in the 30030 real estate market, as the new construction homes tend to take a bit longer, as they are usually listed before construction has been completed.  Almost 50% of the Oakhurst homes sold in two weeks or less.

What is your home worth in Atlanta and Decatur Georgia?

Home Sales in Oakhurst

01/01/2016 – 12/31/2016 ::  View all the latest Oakhurst homes for sale

ADDRESS BEDS BATHS LIST SOLD DOM
144 Maxwell St 6 6 $1,135,000 $1,115,000 52
548 Mckoy St 6 5 $1,150,000 $1,100,000 56
212 Maxwell St 6 5 $1,099,900 $1,099,900 58
1118 Adams St 5 5 $1,099,000 $1,099,000 190
248 Madison Ave 4 3 $950,000 $1,025,825 75
538 Ansley St 5 4 $950,000 $930,000 161
124 Brower St 5 4 $899,900 $925,000 188
519 2nd Ave 4 5 $950,000 $925,000 78
120 Brower St 5 5 $899,900 $904,000 31
207 Mcdonough St 5 5.5 $949,000 $904,000 202
134 McClean St 6 5 $899,900 $899,900 213
117 Fayetteville Rd 5 4.5 $899,000 $875,000 14
229 2nd Ave 5 5 $875,000 $870,000 156
141 Greenwood Pl 5 4 $869,900 $869,000 1
714 3rd Ave 5 4 $879,900 $865,000 22
451 3rd Ave 6 5 $960,000 $865,000 230
116 Garland Ave 5 4.5 $875,000 $855,000 277
235 Pharr Rd 5 4 $869,000 $850,000 68
305 E Lake Dr 5 4 $859,900 $845,000 99
165 Hood Cir 5 3.5 $825,000 $830,000 2
104 Pharr Rd 5 3 $825,000 $825,000 4
239 Hill st 3 2 $799,000 $808,000 18
623 Mckoy St 5 4.5 $775,000 $775,000 48
145 Feld Ave 5 4.5 $850,000 $774,000 329
241 Madison Ave 4 3 $775,000 $770,000 4
1421 Oakview Rd 5 4.5 $765,000 $760,000 4
1423 Oakview Rd 4 3 $765,000 $759,000 30
151 Olympic Pl 4 3.5 $714,900 $750,000 12
211 2nd Ave 4 2.5 $799,500 $750,000 97
526 Mckoy St 4 3 $749,900 $749,900 10
135 Pharr Rd 5 4 $735,000 $736,000 4
1227 Oakview Rd 4 3 $789,000 $735,000 46
110 Lenore Pl 4 3 $715,000 $725,000 1
103 2nd Ave 4 3 $725,000 $725,000 83
127 Greenwood Pl 3 2 $724,900 $725,000 2
503 Pharr Rd 4 3 $714,000 $708,000 7
246 Hill St 4 2 $675,000 $675,000 9
256 Maxwell St 3 2 $650,000 $635,000 143
215 Cambridge Ave 4 3 $649,900 $625,000 12
242 Hill St 4 3 $639,900 $624,000 14
216 5th Ave 3 2 $565,000 $550,000 18
121 Hill St 3 2 $525,000 $540,000 2
236 Hill St 3 2 $499,900 $524,600 3
130 2nd Ave 3 2 $514,900 $520,000 2
1526 Oakview Rd 3 2 $478,000 $520,000 5
169 Feld Ave 3 1 $460,000 $510,000 5
217 Mead Rd 5 4 $586,000 $509,250 2
117 Mckoy Street 3 3 $469,000 $500,000 2
118 Benson St 3 2 $485,000 $488,000 2
262 Maxwell St 3 2 $485,000 $485,000 6
221 Garland Ave 3 2 $499,000 $475,000 62
129 Brower St 3 2 $489,000 $475,000 16
829 E Lake Dr 3 2 $475,000 $466,800 3
308 Greenwood Ave 3 1 $449,000 $449,000 2
619 Mcdonough 3 1 $449,900 $443,000 66
248 Kings Hwy 3 1 $449,000 $438,000 8
511 E Lake Dr 3 2 $439,000 $438,000 3
427 3rd Ave 3 1 $439,900 $436,900 32
259 Maxwell St 4 2 $435,000 $435,000 9
323 Ansley St 2 2 $439,900 $435,000 39
321 Leyden 2 2 $439,000 $430,000 35
226 Madison Ave 3 2 $419,900 $430,000 6
215 4th Ave 3 1 $445,000 $415,000 237
229 Garland Ave 3 2 $424,900 $410,000 5
742 Oakview Rd 3 2 $435,000 $405,000 101
1222 Oakview Rd 2 2 $425,000 $395,000 104
1030 Mcdonough St 4 1 $450,000 $395,000 14
329 Leyden St 2 2 $409,000 $373,000 64
826 McDonough 3 2 $389,900 $370,000 6
818 Mcdonough St 3 2 $399,900 $370,000 41
138 Madison Ave 4 2 $349,900 $366,000 0
1426 Oakview Road 2 2 $385,000 $357,000 142
530 Mckoy St 3 1 $354,900 $355,000 1
107 Hood Cir 4 1 $400,000 $350,000 33
157 Hood Cir 2 1 $350,000 $340,000 1
1010 Mcdonough 3 1 $350,000 $323,900 7
135 Olympic Pl 3 1 $319,900 $310,000 5

All the Oakhurst home sales data and real estate stats were extracted from FMLS by Kerry Lucasse on March 15, 2017.  Information deemed reliable but is subject to change. If you would like a complete list of all the Oakhurst home sales (including full addresses and property photos), please contact us below and we would be happy to email you the information.

 

Get the full scoop on Oakhurst Decatur GAMore Neighborhood Real Estate Reports:

2015 Oakhurst GA Real Estate Report

Kirkwood Real Estate Trends for 2016

2016 Grant Park Atlanta Market Update

All Market Reports

 

Have questions about the Oakhurst real estate trends and current home values?  Call Kerry Lucasse and the Nest Atlanta Real Estate Group anytime.  We’d be happy to help!  404-432-1844