Oakhurst Home Sales Report
Decatur, GA 30030 | 2Q 2017 (April-June)
It’s time again for the Oakhurst Home Sales Report! As the City of Decatur’s most highly-sought after neighborhood, the real estate market in Oakhurst has been very strong for years. Last year we saw signs that it might be slowing down a bit… but this Spring selling season proved us WRONG! See how fast home prices are rising and how quickly Oakhurst homes are selling in the 2Q 2017 edition of the Oakhurst Home Sales Report below. Enjoy!
2Q 2017 Real Estate Market Report for Oakhurst
25 Oakhurst homes sold in the 2nd quarter of 2017. That’s right on par with last Spring. 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 homes that sold between April and June 2017 at the bottom of this article!
The average single family home in Oakhurst is a record-breaking $689,470. That UP a jaw-dropping $74,000 (12%) from the same time last year.
Why did home sales prices jump up so high? It was a gradual increase over the last year. We ended 2016 with an average sales price of $650,000 and it seems to be increasing about $25,000 per quarter. More and more new construction homes are popping up in the $900K to $1.1M price range and some of the larger historic homes are selling for as much as $825K. Of the homes sold this Spring, 36% were over $750,000.
- Oakhurst home prices ranged from $399,550 to $1,050,000 last quarter
- The median sales price was $669,000
- 11% of the Oakhurst homes sold were new construction properties
How Fast are Oakhurst Homes Selling?
Last quarter, Oakhurst homes sold on average in 28 days. The median # of days on the market was only 11 days and that’s probably a more accurate reflection of the current market.
Overall, 44% of the Oakhurst homes sold in ONE WEEK or less.
Are Sellers STILL Getting Top Dollar?
Pretty close! The list price to sales price percentage is 97.9%, so buyers are negotiating about 2% off the sales price (on average).
40% of the Oakhurst homes sold at 100% or more of the asking price.
Or call us at 404-205-8800 if you have questions about the current Decatur real estate market.
Current Real Estate Listings in Oakhurst
Sorry we are experiencing system issues. Please try again.
Oakhurst Homes Sold in 2Q 2017
Single family listings sold between 4/1/2016 – 6/30/2016
|323||East Lake Dr||3||2||1871||$569,900||$576,500||4|
The Oakhurst home sales data was extracted from the Atlanta FMLS on July 23, 2017 and interpreted by Kerry Lucasse with the Grow 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.