Decatur Real Estate Market Report

Q1 2019 (January – March) | Decatur, GA 30030

How's the real estate market in City of Decatur GA? Get the Urban Nest Atlanta report!It’s time again for the City of Decatur Real Estate Market Report!  For the last 7+ years, the City of Decatur market has been one of the strongest and most sought-after in Metro Atlanta.  A big part of this is the top-ranked Decatur City schools, the charming Downtown Decatur area, as well as all the historic homes, annual events, and some really nice people!

We’ve been reporting on 30030 home values for more and a decade and this is one of the most interesting market shifts we’ve had an opportunity to analyze.  It could be a sign of things to come or just a slight hiccup.  Regardless, if you are thinking of selling your Decatur home in the next year, we highly recommend that you read the full City of Decatur 30030 Real Estate Market Report below.  If you have questions along the way, we’re here!  Contact us anytime.

Infographic with real estate market statistics for Decatur GA 30030

 

Overview of 30030 Real Estate Market

Home Sales

37 homes sold in the 1st quarter of 2019. That’s down by about 10% from the same time last year.

Home Prices in 30030

The average single-family home price was $618,563.  That’s a 7% decline from the same time last year when the average sales price was $665,794.  That may sound like a dramatic decline, but when you only have a small number of home sales the percentages can fluctuate dramatically.  It is the first time we’ve seen a drop in quite some time, so be sure to check back for our Spring market update and hopefully, we’ll see the numbers bounce back.

How Fast are Homes Selling?

Single-family homes in the City of Decatur sold in an average of 74 days – an extreme increase from the same time last year when the average was 33.  The median # of days on the market was 69 days (vs only 14 last year)and that’s probably a more accurate reflection of the current market.

** 27% of the homes sold in the first two weeks.

SELLER TIP:  If you are thinking of putting your home on the market, make sure you have the latest real estate stats and price your home at or slightly below fair market value.  Not only will you be able to sell your home faster, but there is also a very good chance that it will sell between 98% and 103% of the asking price.

Are Decatur Sellers STILL Getting Top Dollar?

The list price to sales price percentage is 95% so buyers are negotiating quite a bit more off of the sales price (5.0% on average). 27% of the Decatur homes sold at 100% or more of the asking price.

Most of the homes that sold for the full asking price also sold in the first week they were listed.  It is more important than ever to price your home at the fair market value.

Keep scrolling to see the latest homes for sale as well as recently sold homes in the City of Decatur!

See what your home is worth in Decatur, Georgia 30030

Or call us at 404-205-8800 if you have questions about the current real estate market.

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Just Listed Homes for Sale in Decatur, GA 30030 

$529,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,613
SQFT
323 2nd Avenue
Decatur, GA 30030
Oakhurst Subdivision
New Listing - yesterday
$535,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
2,015
SQFT
1325 Oakview Road
Decatur, GA 30030
Decatur Subdivision
New Listing - yesterday
$549,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,632
SQFT
City Of Decatur #F
510 E Ponce De Leon Avenue
Decatur, GA 30030
New Listing - 5 days online
$427,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
2,001
SQFT
Knob Hill At Church #9
9 Knob Hills Circle
Decatur, GA 30030
New Listing - 5 days online
$399,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,521
SQFT
240 Chelsea Drive
Decatur, GA 30030
Chelsea Heights Subdivision
New Listing - 6 days online
$410,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,514
SQFT
227 S Mcdonough Street
Decatur, GA 30030
MAK Historic District Subdivision
New Listing - 6 days online
$359,900
Condo For Sale
Active
3
BED
3
TOTAL BATHS
1,830
SQFT
214 Hillyer Place
Decatur, GA 30030
Hillyer Manor Subdivision
New Listing - 6 days online
$475,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,608
SQFT
325 S Mcdonough Street
Decatur, GA 30030
MAK Historic Subdivision
New Listing - 6 days online
$995,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
2,850
SQFT
875 Derrydown Way
Decatur, GA 30030
Winnona Park Subdivision
New Listing - 6 days online
$799,900
Single Family Home For Sale
Active Under Contract
6
BED
4
TOTAL BATHS
2,738
SQFT
104 Fairview Street
Decatur, GA 30030
City of Decatur Subdivision
New Listing - 7 days online
$485,000
Single Family Home For Sale
Active
3
BED
1
TOTAL BATHS
1,408
SQFT
523 S Candler Street
Decatur, GA 30030
Winnona Park Subdivision
New Listing - 7 days online
$1,399,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
6,298
SQFT
228 Mount Vernon Drive
Decatur, GA 30030
Glenwood Estates Subdivision
New Listing - a week online
$285,000
Condo For Sale
Active
2
BED
1
TOTAL BATHS
1,014
SQFT
Decatur Renaissance #427
230 E Ponce De Leon Avenue
Decatur, GA 30030
New Listing - a week online
$1,100,000
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
1,958
SQFT
402 S Columbia Drive
Decatur, GA 30030
Winnona Park Subdivision
New Listing - a week online
$551,446
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,260
SQFT
523 Hargrove Lane
Decatur, GA 30030
Hargrove Subdivision
New Listing - a week online
$616,319
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,800
SQFT
527 Hargrove Lane
Decatur, GA 30030
Hargrove Subdivision
New Listing - a week online
$579,903
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,260
SQFT
506 Hargrove Lane
Decatur, GA 30030
Hargrove Subdivision
New Listing - a week online
$215,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
936
SQFT
Decatur Square #D
1229 Church Street
Decatur, GA 30030
New Listing - a week online
$875,000
Multi-Family For Sale
Active
0.4
ACRES
DEKALB
COUNTY
411 S Candler Street
Decatur, GA 30030
Oakhurst Subdivision
New Listing - a week online
$1,200,000
Single Family Home For Sale
Active Under Contract
6
BED
4
TOTAL BATHS
3,513
SQFT
860 Sycamore Drive
Decatur, GA 30030
Decatur Heights Subdivision
New Listing - 2 weeks online
$384,500
Single Family Home For Sale
Active
4
BED
1
TOTAL BATHS
1,341
SQFT
809 W Howard Avenue
Decatur, GA 30030
Hidden Forest Twnhs Subdivision
New Listing - 2 weeks online
$380,000
Single Family Home For Sale
Pending
3
BED
1
TOTAL BATHS
1,236
SQFT
109 Kathryn Avenue
Decatur, GA 30030
Chelsea Heights Subdivision
New Listing - 2 weeks online
$869,000
Single Family Home For Sale
Pending
4
BED
4
TOTAL BATHS
2,809
SQFT
246 NE 2nd Avenue Avenue N
Decatur, GA 30030
OAKHURST Subdivision
New Listing - 2 weeks online
$799,000
Townhouse For Sale
Active
4
BED
4
TOTAL BATHS
2,835
SQFT
East Howard Place #6
432 E Howard Avenue
Decatur, GA 30030
New Listing - 2 weeks online
$850,000
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
3,561
SQFT
707 3rd Avenue
Decatur, GA 30030
Oakhurst Subdivision
New Listing - 2 weeks online
$125,000
Condo For Sale
Active
2
BED
1
TOTAL BATHS
850
SQFT
The Columns At East Hill #25
135 East Hill Street
Decatur, GA 30030
New Listing - 2 weeks online
$1,025,000
Single Family Home For Sale
Pending
4
BED
4
TOTAL BATHS
3,384
SQFT
414 Sycamore Street
Decatur, GA 30030
 
New Listing - 3 weeks online
$281,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
730
SQFT
The Artisan #118
201 W Ponce De Leon Avenue
Decatur, GA 30030
New Listing - 3 weeks online
$725,000
Single Family Home For Sale
Active Under Contract
5
BED
3
TOTAL BATHS
2,800
SQFT
114 Greenwood Place
Decatur, GA 30030
Oakhurst Subdivision
New Listing - 3 weeks online
$315,000
Townhouse For Sale
Pending
2
BED
3
TOTAL BATHS
1,246
SQFT
111 Franklin Court
Decatur, GA 30030
Swanton Hill Subdivision
New Listing - 3 weeks online
$249,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
820
SQFT
335 W Ponce #410
335 W Ponce De Leon Avenue
Decatur, GA 30030
New Listing - 3 weeks online
$975,000
Single Family Home For Sale
Pending
5
BED
4
TOTAL BATHS
3,459
SQFT
728 3rd Avenue
Decatur, GA 30030
H A Williams Property Subdivision
New Listing - 3 weeks online
$445,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
2,288
SQFT
Keswick Place #C9
1335 Church Street
Decatur, GA 30030
New Listing - 3 weeks online
$525,000
Townhouse For Sale
Pending
3
BED
4
TOTAL BATHS
2,527
SQFT
706 Fulmer Lane
Decatur, GA 30030
Townsend at Decatur Subdivision
New Listing - 3 weeks online
$199,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
936
SQFT
Decatur Square #O
1179 Church Street
Decatur, GA 30030
New Listing - 3 weeks online
$409,900
Townhouse For Sale
Pending
3
BED
4
TOTAL BATHS
1,754
SQFT
Winnona Park Place #10
110 S Columbia Drive
Decatur, GA 30030
New Listing - 3 weeks online
$949,900
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
3,590
SQFT
111 Fayetteville Road
Decatur, GA 30030
Oakhurst Subdivision
New Listing - 3 weeks online
$599,000
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
2,376
SQFT
208 Pinehurst Street
Decatur, GA 30030
Sycamore Ridge Subdivision

 

Recently Sold Homes in 30030

1/1/2019-3/31/2019 || Single Family Home Sales

ADDRESS NEIGHBORHOOD BEDS BATHS SOLD
315 Huron St Great Lakes 6 5.5 $1,420,860
130 Hilldale Dr Winnona Park 6 5 $1,250,000
106 Champlain St Great Lakes 6 5 $1,136,500
1205 Oldfield Rd City Of Decatur 6 5 $1,134,200
405 Sycamore Dr Decatur 6 4.5 $1,000,000
216 Pharr Rd Winnona Park 5 3.5 $889,000
527 Sycamore Dr Decatur Heights 5 4 $883,000
264 Cambridge Ave Oakhurst 5 4 $863,750
113 Kathryn Ave Chelsea Heights 4 3.5 $756,000
125 Madison Ave Oakhurst 4 2 $725,000
104 Fairview St City of Decatur 4 3 $715,000
201 Nelson Ferry Rd Ponce de Leon Heights 3 2.5 $650,000
329 Kirk Rd Winnona Park 4 3 $640,000
626 Clairemont Ave Clairemont Estates 3 2.5 $624,550
414 Lockwood Terr Sycamore Ridge 3 2.5 $600,000
225 Mountain View St City of Decatur 2 2 $589,460
229 Westchester Dr Westchester Hills 3 2.5 $585,000
456 Nelson Ferry Rd Decatur Square 4 2 $559,000
374 Parkwood Rd Parkwood 3 2 $529,000
6 Wilburn Ct Sycamore Ridge 3 2.5 $524,500
406 Scott Blvd Chelsea Heights 4 3 $505,000
152 Ponce De Leon Ct City of Decatur 3 1 $480,000
247 Chelsea Drive Chelsea Heights 3 2 $475,000
313 Winnona Dr Winnona Park 3 1.5 $475,000
703 Avery st Winnona Park 3 1 $450,000
312 4th Ave Oakhurst 3 2 $430,000
118 4th Ave Oakhurst 2 2 $425,000
123 Dogwood Way Westchester Hills 3 1 $410,000
620 S McDonough St Brooks W I Prop 3 1 $399,999
129 Mcclean St Oakhurst 3 1 $382,000
128 Jefferson Pl Oakhurst 3 1.5 $375,000
624 Third Ave Oakhurst 2 1 $370,000
450 Chevelle Ln Dearborn Park 2 2.5 $358,001
423 Chevelle Ln Winnona Park 5 3 $351,000
1022 Candler Dearborn Park 3 1 $335,000
319 Greenwood Ave Oakhurst 2 1 $312,000
722 Hillmont Ave Decatur Terrace 3 3 $279,000

Please note that the City of Decatur real estate data was extracted from the Atlanta FMLS on 5/13/2019 and interpreted by Kerry Lucasse with the Urban Nest Real Estate Group at EXP Realty.  Information is deemed reliable but not guaranteed and subject to change.  If you would like a complete copy of the most recent home sales in Decatur, GA 30030 – including photos and listing details – please leave a message for Kerry at 404-205-8800 and she would be happy to email you a copy of the report.

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