RECENT POSTS

CATEGORIES

TAGS

ARCHIVES

2012 Oakhurst GA Real Estate Market Update

By Kerry Lucasse |

 

See the latest Oakhurst GA real estate market report for 20122012 Oakhurst GA Real Estate Market & Home Sales Update

If you ask any Atlanta realtor which intown neighborhood is “booming,” most would wholeheartedly agree that the Oakhurst real estate market is at the top of the list!  

The evidence is in the numbers and we have some very exciting home sales stats to report in our 2012 Real Estate Market Report.

 

OAKHURST HOME SALES STATS

Single Family Homes | Oakhurst | Decatur, GA | 30030

Data extracted by Kerry Lucasse from the Atlanta FMLS on 01/14/2013.  Information may change without notice and data is deemed reliable, but not guaranteed.

 

OAKHURST HOME PRICES

Average home sales price is UP 18.2% from 2008 ($343K vs $405K).   The rise of new construction luxury homes in Oakhurst helped to increase the average sales price, but even the historic bungalows and cottages are still on the rise.

 

LISTING PRICE ::  FINAL SALES PRICE

The average listing price to final sales price ratio is WAY up — the highest it’s been in more than 5 years!   In 2012, homes sold for 99.3% of the listing price on average.
** Please note that this is based on the original listing price of the home.

View the full Oakhurst GA real estate sales stats

OAKHURST HOMES SOLD 

The number of homes that sold is up slightly from the previous year and when comparing to 2008, they are up almost 12%.

When you hear that there is a shortage of housing inventory, they should really be talking about the INCREASE IN DEMAND for housing, especially in the Oakhurst and the City of Decatur.

 

TIME TO SELL A HOME (DAYS ON MARKET)

Oakhurst homes are selling at lighting speed. On average, they are selling 22 days faster than they did in 2008 (or 21%).   Of the 96 homes sold in 2012, 36% sold in 15 days or less and 50% sold in 45 days or less.

How is the Oakhurst GA real estate market?

 

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

THINKING OF SELLING YOUR HOME?

Oakhurst home sales, 830 Oakview Decatur 30030If you talk to anyone who is trying to buy a home in the City of Decatur or oh-so-popular Oakhurst neighborhood, they are sure to talk your ear off about the limited supply of quality homes for sale (especially 1920s bungalows and historic homes), extreme  bidding wars, and homes selling the day they are listed — or sometimes even before they are officially listed in the Atlanta Multiple Listing System.  If you consider the current demand and the fact that 30% of the homes in Oakhurst sold for at least 100% of the listing price and 50% sold in less than 15 days, it may be a good time for you to list and sell your home!

 

After selling 15 homes in a row with multiple offers (yes 15 homes!), I will tell you that there is an art to generating demand for a home and a sense of urgency with potential buyers.  If you would like to learn more about how we market and sell our listings, please call anytime.

 

Kerry Lucasse | Home Marketing Specialist |  inOakhurstGA.com | 404.432.1844. 

 

*********************************************************************

 

RELATED LINKS

More Oakhurst GA real estate reports

See how other Intown Atlanta neighborhoods stacked up in 2012 – View more Atlanta real estate market updates

Oakhurst GA Real Estate Guide

NEW!  Check out our new inDecaturGA.com website

:::::::::::::::::::::::::::

 

POSTED BY:

Kerry Lucasse | Oakhurst Home Marketing Specialist | 404.432.1844

 Team Leader for the Nest Atlanta Real Estate Group

404.432.1844 (c) | 404.281.6350 (b) | Ian Marshall Realty – Intown office

::::::

All the home sales data was extracted by Kerry Lucasse from the Atlanta First Multiple Listing System (FMLS) on 1/14/2012.  Information deemed to be reliable but not guaranteed.   The Nest Atlanta Real Estate Blog  - Copyright 2006 – 2013 by Kerry Lucasse and the Nest Atlanta team with Ian Marshall Realty – Intown Atlanta.   If you need assistance with City of Decatur / Oakhurst real estate, Kerry Lucasse and the Nest Atlanta Real Estate Group are always available to assist you with your residential real estate needs!

Atlanta Real Estate News & Events

.

.

This entry was posted in Decatur, Oakhurst, Real Estate Market Stats and tagged , , , , .

Bookmark the permalink. Follow any comments here with the RSS feed for this post.

Both comments and trackbacks are currently closed.