Oakhurst Real Estate Market Report 2018

Decatur, GA 30030 :: January - December 2018
Every year that we research the home sales stats for the CIty of Decatur's most popular neighborhood, it's always a thrill.  2018 was no exception.  Many homes are STILL selling in the first weekend, multiple offers are STILL commonplace and the average home sales price just keeps climbing.  We hope you enjoy the 2018 edition of the Oakhurst Real Estate Market Report.  If you have any questions about the numbers or the best time to buy or list a home, we're always here to help!  Call anytime at 404-432-1844.

INFOGRAPHIC with Oakhurst Real Estate Market and Home Sales Statistics for 2018

Oakhurst Real Estate Market Trends & Home Values

HOME SALES

A total of 62 single family homes sold in Oakhurst in 2018.  This is down by about 12% from the previous year, as inventory levels in this uber hot City of Decatur neighborhood continue to decline.

OAKHURST HOME PRICES 

Thankfully one good thing did come out of having fewer home sales in Oakhurst this past year -- it drove the average home sales price up!.  We saw another sizeable increase of 5.6% in the average single-family home sales price!  The average Oakhurst home sold for $702,833 - that's a $37,000 increase from 2017.

* Oakhurst home prices ranged from $355,000 to $1,345,000 in 2018

* The median sales price was $643,500 (3.4% increase YoY)

* 12% of the homes sold were new construction

  • The most expensive home sold was on East Lake Drive.  It listed for $1.1M and sold for a whopping $1.345M!

See all the Oakhurst homes that sold at the bottom of this report...

HOW LONG DID IT TAKE TO SELL A HOME IN 2018?

Oakhurst real estate listings took 14 days to sell (median).  That's almost 2 weeks faster than in 2017 and is also mostly likely a result of the limited number of homes for sale in the neighborhood.

An incredible 42% of the homes sold in the FIRST WEEK!

ARE BUYERS STILL PAYING TOP DOLLAR?

Most definitely!  In 2018, homes sold at 98.9% of the asking price, on average.  An astounding 42% of the Oakhurst homes sold at or OVER the asking price.

QUICK TIPS:  If you are a home buyer, get in the mindset that you may have to pay the full asking price or slightly over. Also make sure you have a reputable, local real estate agent by your side that knows the Oakhurst real estate market inside and out and can help you structure your offer in a way that will make the seller choose you!   If you are selling your Oakhurst home, there are quite a few things you can do to ensure that sell for top dollar and hopefully get 2 or 3 offers.   Please give us a call at the number below and we'd be happy to share our strategy that generated multiple offers for more than 70% of our listings over the last 2 years!

Call anytime with your questions!  404-432-1844.

What is your home worth in Atlanta and Decatur Georgia?

See the Latest Oakhurst Decatur Homes for Sale 


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30 Most Expensive Homes Sold in Oakhurst

Single Family Homes :: January 1, 2018 - December 31, 2018
ADDRESS BEDS BATHS LIST SOLD TDOM
531 E. Lake 6 4 $1,100,000 $1,345,900 79
904 3rd Ave 6 5 $1,249,900 $1,200,000 45
326 Hill St 4 3.5 $989,900 $1,100,000 6
131 Lenore St 5 4 $1,095,000 $1,075,000 11
109 Hill St 5 5 $1,100,000 $1,060,000 262
145 McClean St 5 5 $1,050,000 $1,040,000 122
229 Garland Ave 5 4 $1,025,000 $1,025,000 20
118 Hill St 5 4 $999,000 $993,000 16
1189 Oldfield Rd 5 6 $979,900 $982,295 87
817 3rd Ave 4 5 $979,900 $979,900 246
131 Olympic Pl 5 4 $975,000 $972,000 16
623 Ansley St 4 4 $959,000 $960,000 3
323 Fayetteville Rd 4 3 $950,000 $925,000 58
1307 Oakview Rd 5 3.5 $949,000 $910,000 28
210 Benson St 4 4 $925,000 $897,500 30
922 E. Lake Dr 5 4 $915,000 $897,000 7
1129 Adams St 5 4 $950,000 $882,000 28
1726 Oakview Rd 5 3 $874,900 $865,000 22
947 McDonough St 4 4 $829,900 $829,900 0
163 Feld Ave 5 3 $924,900 $825,000 28
173 Olympic Pl 4 4.5 $900,000 $809,900 48
830 Oakview Rd 4 3.5 $799,000 $804,000 1
152 Madison Ave 4 3.5 $849,900 $800,000 6
217 4th Ave 5 3 $817,000 $800,000 39
620 2nd Ave 4 4 $769,000 $745,000 35
242 Hill St 4 3 $750,000 $737,500 1
518 Chevelle Ln 5 3.5 $729,000 $729,000 3
710 3rd Ave 4 3 $700,000 $675,000 35
319 Madison Ave 3 2.5 $675,000 $669,000 3
704 College Ave 4 2 $725,000 $660,000 160
 The Oakhurst real estate market sales above were extracted on January 16, 2019 from the FMLS and interpreted by Kerry Lucasse with the Nest Atlanta team at eXp Realty. Information is deemed reliable but is not guaranteed and subject to change.  For a complete list of recently sold homes in Oakhurst or the City of Decatur 30030, please email us at wecare [at] nestatlanta.com or call 404-205-8800 and we'd be happy to email you a copy.

Title image for the 2018 Oakhurst Real Estate Market Report in City of Decatur, GA 30030

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To learn more about the Oakhurst real estate market and get the neighborhood scoop, you can also visit us at:  inOAKHURSTGA.com

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