Oakhurst GA Real Estate Market Update

Decatur, GA 30030 :: 2Q 2018 (April-June)

It's time again for the Oakhurst GA Real Estate Market Report!  As the City of Decatur's most highly-sought after neighborhood, the demand for Oakhurst homes has been extremely high for many years.  With the influx of new construction and inventory shortages, the average home price is one of the highest in the Intown Atlanta area.  If you are thinking of selling a home in Oakhurst (or buying one), please don't miss the latest quarterly trends report....

Infographic with the Oakhurst GA real estate market and home sales statistics for 2018

Spring 2018 Real Estate Market Report for Oakhurst

Oakhurst GA Home Sales

16 homes sold in the 2nd quarter of 2018.  That's down substantially from last Spring when 25 homes sold.  The low inventory levels (especially for homes under $500K) and the growing stock of million dollar plus homes is definitely a contributor to the decrease in single-family home sales this year.

.  Even though there is an inventory shortage in the Intown Atlanta and City of Decatur neighborhoods, there are still a fair number of homes selling in this highly desirable n'hood.  At the time of this post, 19 Oakhurst homes are currently listed (including the charming bungalow to your right!).

** See all the Oakhurst home sales that sold between April and June 2018 at the bottom of this article!

Home Prices

The average single family home price grew less than 1% ($6,000) year over year.   This minimal increase could be a sign that the market is leveling off.  It could also be that the previous Spring experienced such a BIG spike in the average sales price (12%) that the market couldn't support another significant increase.

  • Home prices ranged from $430,000 to $1,100,000 last quarter
  • Median sales price was $570,000 - much less than the average price of $695,038!
  • Less than 10% of the Oakhurst homes sold were new construction properties

How Fast are Homes Selling?

Last quarter, Oakhurst homes sold on average in 27 days.  The median # of days on the market was only 8 days and that's probably a more accurate reflection of the current market.

Overall, 50% of the Oakhurst homes sold in ONE WEEK or less.

Are Sellers STILL Getting Top Dollar?

Definitely!  The list price to sales price percentage is 99.7%, so buyers are negotiating a teeny tiny bit off the sales price (0.3% on average).

56% of the Oakhurst homes sold at 100% or more of the asking price.

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Recent homes sold in Oakhurst Decatur GA 30030

Our eXp listing currently under contract on Oakview Rd!

Keep scrolling to see the latest homes for sale as well as recently sold homes in Oakhurst Decatur!

>>> GET AN ESTIMATE OF YOUR OAKHURST HOME'S CURRENT VALUE

Or call us at 404-205-8800 if you have questions about the current Oakhurst GA real estate market.

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Current Oakhurst GA Real Estate Listings 


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Oakhurst Homes Sold in Spring 2018

Single family homes sold between 4/1/2018 - 6/30/2018
 ADDRESS BEDS BATHS LIST SOLD DOM
527 Mckoy Ave 6 4.5 $1,050,000 $1,150,000 104
144 Candler Dr 6 5 $965,000 $955,000 38
161 Hood Cir 5 4 $989,900 $915,000 37
323 Madison Ave 5 4 $899,900 $899,900 11
822 McDonough St 5 4 $898,000 $839,000 68
208 Kings Hwy 5 3 $825,000 $836,000 5
239 Hill St 3 2.5 $825,000 $825,000 7
512 3rd Ave 4 3.5 $850,000 $820,000 17
176 Olympic Pl 4 3 $774,900 $755,000 144
309 Leyden St 5 4 $759,900 $724,900 100
198 Feld Ave 5 3 $639,900 $700,000 2
232 Sterling St 4 3.5 $715,000 $690,000 22
927 3rd Ave 3 2 $669,000 $669,000 2
119 Madison Ave 4 2 $639,000 $615,000 6
102 Lenore Pl 3 2.5 $625,000 $600,000 28
133 Hill St 3 2 $599,900 $586,015 5
323 East Lake Dr 3 2 $569,900 $576,500 4
108 Spring St 4 3 $599,000 $575,000 12
298 Cambridge Ave 3 2.5 $599,900 $566,500 41
620 3rd Ave 3 3 $559,000 $547,140 4
504 Pharr Rd 3 2 $579,000 $535,000 36
219 Madison Ave 3 2.5 $500,000 $520,000 3
231 Madison Ave 3 2.5 $489,000 $503,000 2
319 Fayetteville Rd 2 2 $435,000 $434,250 11
144 Madison Ave 4 2 $375,000 $399,550 3

The Oakhurst GA real estate market and home sales data was extracted from the Atlanta FMLS on July 23, 2018 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 the recent home sales in Oakhurst GA (including details and photos of each home sold), please text or call Kerry at 404-432-1844.  

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See how fast homes are selling in the Oakhurst Real Estate Trends ReportHave questions about the Oakhurst GA real estate market and current home values?  Call the Nest Atlanta team anytime. We're here to help!  

Call :: 404-205-8800

Or visit ::  inOakhurstGA.com

MORE OAKHURST REAL ESTATE REPORTS:

Oakhurst Real Estate Report for 1Q 2017

2016 Full Year Real Estate Report for Oakhurst

2015 Full Year Market Stats for Oakhurst Decatur

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