2017 Oakhurst Real Estate Market Report
Wondering how the Oakhurst real estate market is doing? Are home values still on the rise? Is this still a good time to sell or buy a home in Oakhurst? Find out below in the latest edition of our Oakhurst Decatur home sales update!
HOME SALES
A total of 70 homes sold in Oakhurst in 2017. This is down about 10% from 2016, as inventory levels are still very low in this hot, hot City of Decatur neighborhood.  One key factor that is driving home sales is new construction.  12% of the Oakhurst homes sold were newly built.
HOME PRICES
Thankfully one good thing did come out of having fewer home sales — it drove the average sales price up!. In 2017, the average sales price was $665,000 – a $25,000 increase from the previous year. We’ve seen larger spikes over the last 5 years, but even though home pricing may be leveling out, this is still a very strong real estate market.
* Oakhurst home prices ranged from $348,000 to $1,260,000 in 2017
* The median sales price was $622,500
* 12% of the homes sold were new construction
See all the Oakhurst homes that sold at the bottom of this report!
ARE BUYERS STILL PAYING TOP DOLLAR IN OAKHURST?
Yessir!  The average listing price to final sales price percentage was 98.2%, so buyers are only negotiating 1.8% off the asking price, on average. If you are thinking of buying a home in Oakhurst in the near future, please note that most of the homes that are $600K and under are selling very, very close to the asking price and in some cases, well OVER the asking price. Make sure you and your Oakhurst real estate agent do your pricing research and offer accordingly!
Almost 40% of the Oakhurst homes sold at or over the full asking price!
HOW FAST ARE HOMES SELLING?
The resale homes (vs new construction) are selling quickly. About 40% sold in less than 2 weeks. The median number of days it took to sell a home was 27 days.
Homes Sold in Oakhurst
From 1/1/2017 to 12/31/2017
| Â | ADDRESS | BEDS | BATHS | BUILT | LIST | SOLD |
| 1010 | Adams St | 5 | 5 | 2017 | $1,295,000 | $1,260,000 |
| 527 | Mckoy Ave | 6 | 4.5 | 2016 | $1,050,000 | $1,150,000 |
| 128 | Benson St | 5 | 4.5 | 2009 | $1,095,000 | $1,040,000 |
| 826 | Mcdonough St | 6 | 5 | 1945 | $999,900 | $980,000 |
| 125 | Hood Cir | 6 | 5 | 2016 | $1,090,000 | $963,000 |
| 144 | Candler Dr | 6 | 5 | 2014 | $965,000 | $955,000 |
| 161 | Hood Cir | 5 | 4 | 2015 | $989,900 | $915,000 |
| 323 | Madison Ave | 5 | 4 | 2017 | $899,900 | $899,900 |
| 515 | 2nd Ave | 4 | 5 | 2016 | $899,900 | $899,900 |
| 477 | Chevelle Ln | 5 | 5 | 2017 | $850,000 | $887,000 |
| 401 | Ansley St | 5 | 4.5 | 2013 | $959,900 | $885,000 |
| 624 | 2nd Ave | 5 | 4 | 2017 | $899,900 | $875,000 |
| 112 | Spring St | 4 | 3.5 | 2017 | $849,900 | $850,000 |
| 936 | Mcdonough St | 5 | 4 | 2016 | $849,000 | $850,000 |
| 204 | Cambridge Ave | 4 | 3 | 1930 | $845,000 | $840,000 |
| 822 | McDonough St | 5 | 4 | 2016 | $898,000 | $839,000 |
| 208 | Kings Highway | 5 | 3 | 1914 | $825,000 | $836,000 |
| 239 | Hill St | 3 | 2.5 | 1920 | $825,000 | $825,000 |
| 512 | 3rd Ave | 4 | 3.5 | 2006 | $850,000 | $820,000 |
| 326 | 2nd Ave | 5 | 4 | 2017 | $824,900 | $817,500 |
| 131 | Jefferson | 3 | 2.5 | 1900 | $774,444 | $775,000 |
| 224 | 2nd Ave | 4 | 3 | 1924 | $750,000 | $760,000 |
| 176 | Olympic | 4 | 3 | 1915 | $774,900 | $755,000 |
| 443 | E Lake Dr | 5 | 3 | 1924 | $739,000 | $745,000 |
| 631 | E Lake Dr | 5 | 4.5 | 1925 | $780,000 | $735,000 |
| 309 | Leyden St | 5 | 4 | 1946 | $759,900 | $724,900 |
| 221 | Fayetteville Rd | 4 | 2.5 | 2007 | $735,000 | $710,000 |
| 217 | Underwood | 4 | 3.5 | 2016 | $739,000 | $705,000 |
| 157 | Hood Circle | 5 | 4 | 2017 | $799,900 | $700,000 |
| 198 | Feld Ave | 5 | 3 | 1930 | $639,900 | $700,000 |
| 232 | Sterling St | 4 | 3.5 | 2000 | $715,000 | $690,000 |
| 927 | 3rd Ave | 3 | 2.5 | 2007 | $669,000 | $669,000 |
| 260 | East Lake Dr | 5 | 2.5 | 1920 | $649,000 | $649,000 |
| 604 | 2nd Ave | 3 | 2.5 | 2005 | $660,000 | $630,000 |
| 164 | Olympic | 3 | 2 | 1930 | $625,000 | $625,000 |
| 197 | Feld Ave | 5 | 3 | 1930 | $674,900 | $620,000 |
| 119 | Madison Ave | 4 | 2 | 1910 | $639,000 | $615,000 |
| 530 | Mckoy St | 3 | 2 | 1951 | $650,000 | $610,000 |
| 102 | Lenore | 3 | 2.5 | 2012 | $625,000 | $600,000 |
| 111 | 2nd Ave | 4 | 2 | 1925 | $600,000 | $600,000 |
| 137 | Hill St | 3 | 2 | 1997 | $587,500 | $587,500 |
| 133 | Hill St | 3 | 2 | 1925 | $599,900 | $586,015 |
| 144 | Jefferson Pl | 3 | 2 | 1912 | $575,000 | $585,000 |
| 323 | East Lake | 3 | 2 | 1926 | $569,900 | $576,500 |
| 108 | Spring St | 4 | 3 | 1925 | $599,000 | $575,000 |
| 223 | Jefferson Pl | 4 | 2 | 1919 | $579,900 | $570,000 |
| 298 | Cambridge | 3 | 2.5 | 2005 | $599,900 | $566,500 |
| 155 | Jefferson Pl | 3 | 1.5 | 1915 | $579,000 | $555,000 |
| 620 | 3rd Ave | 3 | 3 | 1920 | $559,000 | $547,140 |
| 504 | Pharr Rd | 3 | 2 | 1905 | $579,000 | $535,000 |
| 107 | Hood Cir | 3 | 2 | 1989 | $519,900 | $522,000 |
| 219 | Madison Ave | 3 | 2.5 | 2002 | $500,000 | $520,000 |
| 131 | Benson St | 3 | 2 | 1933 | $539,900 | $517,000 |
| 124 | Cambridge | 3 | 2 | 1925 | $514,900 | $510,000 |
| 231 | Madison Ave | 3 | 2.5 | 2004 | $489,000 | $503,000 |
| 1010 | Mcdonough | 3 | 2 | 1941 | $515,000 | $500,000 |
| 315 | Benson | 3 | 2 | 1920 | $469,900 | $468,400 |
| 611 | Mcdonough St | 3 | 1 | 1927 | $465,000 | $449,900 |
| 323 | 2nd Ave | 3 | 2 | 1955 | $499,900 | $449,900 |
| 308 | Greenwood Ave | 3 | 1.5 | 1947 | $449,000 | $438,000 |
| 319 | Fayetteville Rd | 2 | 2 | 1925 | $435,000 | $434,250 |
| 734 | Oakview Rd | 3 | 2.5 | 2002 | $424,900 | $424,900 |
| 261 | Madison Ave | 3 | 1 | 1939 | $443,000 | $416,000 |
| 102 | Greenwood Pl | 3 | 2 | 1920 | $425,000 | $410,000 |
| 506 | East Lake Dr | 2 | 1 | 1940 | $450,000 | $405,000 |
| 144 | Madison Ave | 4 | 2 | 1910 | $375,000 | $399,550 |
| 523 | East Lake Dr | 3 | 1 | 1940 | $359,000 | $395,000 |
| 129 | Mcclean St | 3 | 1 | 1945 | $375,000 | $387,500 |
| 227 | Kings Hwy | 3 | 1 | 1925 | $389,000 | $379,000 |
| 150 | Mcclean St | 3 | 2 | 1946 | $325,000 | $348,000 |
Please note: Â This data used in Oakhurst real estate market and home sales stats report were extracted from the Atlanta FMLS on Januar 18, 2018 and interpreted by Kerry Lucasse with eXp Realty. Â If you’re curious about your home’s value, click here for a complimentary report.
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