Ormewood Park Home Sales Report

Atlanta, Georgia 30316 :: 2Q 2017 (April-June)

It's time again for the Ormewood Park home sales market report!  The Spring selling season was nothing short of A-MAZING with Ormewood homes literally flying off the shelves and a majority are selling for at least the full asking price. Because of the low housing inventory and ultra-high demand, the average sales price in this charming Intown neighborhood just keeps rising!  See the full 2Q 2017 Ormewood Park Home Sales Report below....

Infograph with the latest Ormewood Park home sales and real estate trends, ranging from April to June, 2017.

Overview of the Ormewood Park Real Estate Market

ORMEWOOD PARK HOME SALES

36 Ormewood Park homes sold between April and June  and that's right on par with the same time last year when 39 homes sold.

At the time of this post, there are only 14 Ormewood Park homes for sale so there is a definitely a significant housing shortage if you consider that 12 homes sell each month, on average.

HOME PRICES  

The average single family home sales price is $396,717.  That is up $40,000 from the same time last year, an astounding 11% increase in just one year!

*  Single family home prices ranged from $156,000 to $627,700 last quarter

*  There were quite a few recently renovated homes that sold and only two new construction homes.

HOW QUICKLY ARE HOMES SELLING?

What is your home worth in Atlanta and Decatur Georgia? Last quarter, Ormewood Park homes sold on average in 15 days.  That is more than 50% faster than the same time last year when it took an average of 33 days to sell a home. The median # of days to sell a home in this HOT Intown neighborhood was only 6 days.

64% of the Ormewood Park homes sold LESS than a WEEK!  

QUICK TIP:  If you are thinking of selling your home in the next year, please make sure you price it correctly when the home is first listed.  Not only will it sell faster, you will most likelly receive multiple offers and the home will sell over the asking price.  Call us at 404-205-8800 if you'd like a few tips on how to find your home's fair market value.

*** See all the Ormewood Park home sales below, including how long each one took to sell,  Just check the DOM or "Days on Market" column.

ARE BUYERS STILL WILLING TO PAY TOP DOLLAR?

Definitely!  The list price to sales price percentage is 100.2%, so buyers are negotiating are paying 0.2% OVER sales price (on average).   

22 Ormewood Park homes (61%) sold at or OVER the asking price.

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Ormewood Park Home Sales in 2Q 2017

04/01/2017 to 06/30/2017 ::  See all the latest Ormewood Park homes for sale >>
ADDRESS BEDS BATHS LIST SOLD DOM
954 Prospect Ave 4 2.5 $639,900 $627,700 20
1149 Hall Ave 4 3 $619,000 $609,000 6
1065 Glenwood Ave 4 3.5 $625,000 $568,000 61
502 Glenwood Ave 5 3 $550,000 $565,000 1
851 Gilbert 4 2.5 $515,000 $540,000 5
952 Underwood Ave 3 2.5 $539,900 $520,000 102
1050 Ormewood Ave 3 2 $479,900 $485,000 42
787 Essie Ave SE 3 2 $449,900 $469,000 3
986 Walker Ave 3 2.5 $450,000 $465,000 5
1102 Woodland Ave 3 2.5 $449,900 $454,900 7
999 Alloway Pl 3 2 $450,000 $450,000 4
861 Confederate 4 3 $479,000 $442,000 14
1004 Eden Ave 3 2 $449,000 $440,000 34
1011 Delaware Ave 3 2 $425,000 $438,000 0
1023 Ormewood Ave 3 2.5 $450,000 $420,000 31
999 Woodland Ave 3 2 $425,000 $415,000 5
1036 Sanders Ave 3 2 $400,000 $400,000 4
1216 Woodland Ave 4 2 $379,000 $389,900 6
899 Vera St 2 2 $375,000 $385,500 2
921 Moreland Ave 3 2.5 $399,900 $385,300 11
437 Florida Ave 3 2 $379,900 $385,000 1
893 Emerson Ave 2 2 $350,000 $362,000 3
989 Glenwood Ave 2 1 $335,000 $355,500 9
613 Glenwood Pl 3 2 $369,900 $350,000 6
929 Underwood Ave 2 2 $315,000 $339,500 4
977 Walker Ave 4 3 $380,000 $334,000 59
982 Confederate Ave 3 2 $325,000 $329,000 3
468 Glenwood Pl 3 2 $300,000 $310,000 2
1133 Woodland Ave 2 2 $429,000 $295,000 15
1504 Woodland Ave 2 1 $275,000 $278,000 6
1118 Faith Ave 3 1 $275,000 $275,000 12
1122 Woodland Ave 2 1 $265,000 $270,000 8
1049 Emerson Ave 2 1 $272,000 $263,500 2
462 Stovall St 2 1 $250,000 $262,000 2
963 Prospect 2 1 $250,000 $248,000 52
1330 Woodland Ave 3 2 $110,000 $156,000 6
The Ormewood Park home sales data was extracted from the Atlanta FMLS on July 12, 2017 and interpreted by Kerry Lucasse with the Nest Atlanta team at eXp Realty. All information is deemed reliable but is not warranted, as it is subject to change.  If you would like the complete report of Ormewood home sales (including photos of each home sold), please text or call Kerry at 404-432-1844.  

 

See the latest Ormewood Park homes for sale...

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4
Beds
3
Baths
2,455
SqFt
(39)
 
 
#5870127 | Single Family Home
3
Beds
2
Baths
1,985
SqFt
(24)
Open House: Jul 23, 2017 2:00 PM - 5:00 PM
 
#5879523 | Single Family Home
2
Beds
1
Baths
846
SqFt
(22)
 
 
#5868204 | Single Family Home
3
Beds
2
Baths
N/A
SqFt
(25)
 
 
#5868140 | Single Family Home
3
Beds
2
Baths
N/A
SqFt
(24)
 
 
#5861523 | Single Family Home
3
Beds
2
Baths
1,178
SqFt
(29)
 
 
#5864477 | Single Family Home
3
Beds
2 | 1
Baths
1,788
SqFt
(36)
 
 
#5861101 | Single Family Home
3
Beds
2
Baths
2,485
SqFt
(40)
 
 
#5855740 | Single Family Home
3
Beds
2 | 1
Baths
2,274
SqFt
(37)
 
 
#5830449 | Single Family Home
4
Beds
2 | 1
Baths
2,032
SqFt
(17)
 
 
#5818262 | Single Family Home
3
Beds
1
Baths
1,260
SqFt
(13)
 
 
#5810647 | Single Family Home
4
Beds
4
Baths
2,136
SqFt
(32)
 
 
#5805479 | Single Family Home
Information Deemed Reliable But Not Guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 First Multiple Listing Service, Inc.
FMLS data last updated at July 22, 2017 8:30 PM ET

Have questions about the real estate market or your home's current value?  Call the Nest Atlanta team anytime. We're right in the neighborhood and always here to help!

Call anytime at 404-205-8800 or email us.

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