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Oakhurst Decatur Market Update | Feb 2014

By Kerry Lucasse |

Oakhurst Real Estate Market Update

January and February, 2014

 

Oakhurst Decatur Real Estate Market UpdateOakhurst still hasn’t lost it’s mojo and homes are still selling very quickly this year.  Inventory is still quite low, with only 10 single family homes currently for sale.  View ALL the current homes for sale in Oakhurst.

 

The average time to sell a home is right on par with 2013 – 48 days YTD and 54 days on average in 2013.   Please don’t be discouraged by the “days on market” statistic, as the average is a bit skewed due to  new home builders put the home on the market before it is complete, so it may take 100+ days to sell the new home. For the typical bungalow, we would expect that it would sell in less than 2 weeks, if priced at fair market value.  On a good note, the average sales price is way up from last year and currently at $534,000!

 

Currently, there are 13 Oakhurst homes under contract, so the forecast for the first quarter of 2014 is looking very good!  Take a peek below and you will find all of the Oakhurst homes that sold so far this year…

 

Oakhurst Homes Sold YTD

1/1/2014 – 3/1/2014 :: View available homes

Address Bed FB List Price Sold Price Days
Fayetteville Rd 4 4.5 $899,000 $885,000 8
Greenwood Ave 4 4.5 $800,000 $790,000 126
Feld Ave 5 3.5 $749,900 $738,400 17
Oakview Rd 5 3 $725,000 $689,000 22
S Mcdonough ST 5 4 $720,000 $710,000 95
Greenwood CIR 4 3 $575,000 $575,000 91
Leyden ST 3 2 $449,900 $445,000 2
N 4TH AVE 3 2 $439,900 $449,500 6
S McDonough ST 3 2 $439,000 $427,500 19
Adams ST 3 1.5 $399,000 $399,000 98
E Lake DR 3 2 $395,000 $392,500 39
Olympic PL 3 2 $375,000 $375,000 123
Jefferson PL 2 1 $319,900 $309,000 23
E Lake DR 2 1 $275,000 $300,000 4
AVERAGES 4 2 $540,114 $534,636 48

Data extracted from the Atlanta MLS (FMLS) by Kerry Lucasse.  Information subject to change.  Please note that we are not allowed to post the full address of the homes sold in Oakhurst, but if you would like us to send you a full list of sold homes (with photos), please contact us at WeCare@NestAtlanta.com or call Kerry at 404.432.1844.

 

Thinking of selling your home in Oakhurst?

Selling your home in Oakhurst GA?We would be happy to do some research and let you know if it is the right time to sell.  Get a complimentary home valuation report.

 

You can also learn more about our Flexible commission plan, view examples of our home marketing and past client reviews.

 

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Posted by:  Kerry Lucasse, Listing Specialist and Team Leader for the Nest Atlanta Real Estate Group at eXp Realty International.  Call us anytime at 404.721.3001 – we could talk about Oakhurst all day long!

 

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